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REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

SCHEDULE OF DISAGGREGATED REVENUE

SCHEDULE OF DISAGGREGATED REVENUE 

		2023				2022
		Three months ended March 31,
		2023				2022
		(in thousands)
Revenue:
Rockies
Oil		$	2,381			$	3,391
Natural gas and liquids			132				193
Total			2,513				3,584
South Texas
Oil			1,132				1,636
Natural gas and liquids			88				139
Total			1,220				1,775
West Texas
Oil			890				1,428
Natural gas and liquids			62				62
Total			952				1,490
Gulf Coast
Oil			727				717
Natural gas and liquids			108				4
Total			835				721
Mid-Continent
Oil			1,965				759
Natural gas and liquids			787				543
Total			2,752				1,302
Combined Total		$	8,272			$	8,872

SCHEDULE OF CONCENTRATION OF CREDIT RISK

SCHEDULE OF CONCENTRATION OF CREDIT RISK 

		2023				2022
Purchaser A			18	%			25	%
Purchaser B			15	%			-	%
Purchaser C			13	%			15	%
Purchaser D			11	%			16	%
Concentration risk percentage			11	%			16	%

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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- Definition

Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark.

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