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ASSET RETIREMENT OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 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 for the years ended December 31, 2022 and 2021:

 

         
   Year Ended December 31, 
   2022   2021 
   (in thousands) 
Balance, beginning of year  $1,461   $1,408 
Acquired   11,811    45 
Cost and life revisions   1,825    - 
Plugged   (407)   - 
Sold   (189)   (70)
Accretion   941    78 
Balance, end of year  $15,442   $1,461