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ASSET RETIREMENT OBLIGATIONS (Tables)
9 Months Ended
Sep. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]  
SCHEDULE OF ASSET RETIREMENT OBLIGATION

The following is a reconciliation of the changes in the Company’s liabilities for asset retirement obligations as of September 30, 2022 and December 31, 2021:

 SCHEDULE OF ASSET RETIREMENT OBLIGATION

  

September 30, 2022

   December 31, 2021 
   (in thousands) 
Balance, beginning of year  $1,461   $1,408 
Acquired   12,047    45 
Life revisions   131    - 
Sold/Plugged   (289)   (70)
Accretion   706    78 
Balance, end of period  $14,056   $1,461