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Note 6 - Oil and Gas Leases - Oil and Gas Leasing Activities (Details) - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Gross revenues    
Royalty interests $ 257,247 $ 500,426
Lease fees 5,882 22,901
Gross Revenue 263,129 523,327
Production costs 29,379 57,454
Results before income tax expense 233,750 465,873
Estimated income tax expense 67,788 135,103
Results of operations from producing activities excluding corporate overhead $ 165,962 $ 330,770