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Oil and Natural Gas Costs | 12 Months Ended
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Mar. 31, 2022
Extractive Industries [Abstract] |
Oil and Natural Gas Costs | 9. Oil and Natural Gas Costs The costs related to the Company’s oil and natural gas activities were incurred as follows for the years ended March 31: Schedule of Cost Related to Oil and Gas Activities
|  | 2022 |  |  | 2021 |
Property acquisition costs: |  |  |  |  |  |  |  |
Proved |  | $ | 560,893 |  |  | $ | - |
Unproved |  |  | - |  |  |  | - |
Exploration |  |  | - |  |  |  | - |
Development |  |  | 1,325,560 |  |  |  | 1,581,109 |
Capitalized asset retirement obligations |  |  | 14,333 |  |  |  | 17,587 |
Total costs incurred for oil and gas properties |  | $ | 1,900,786 |  |  | $ | 1,598,696 |
The Company had the following aggregate capitalized costs relating to its oil and gas property activities at March 31: Schedule of Aggregate Capitalized Costs Relating Oil and Gas Property Activities
|  | 2022 |  |  | 2021 |
Proved oil and gas properties |  | $ | 40,373,741 |  |  | $ | 38,664,347 |
Unproved oil and gas properties: |  |  |  |  |  |  |  |
subject to amortization |  |  | - |  |  |  | - |
not subject to amortization |  |  | - |  |  |  | - |
Oil and gas properties, gross |  |  | 40,373,741 |  |  |  | 38,664,347 |
Less accumulated DD&A |  |  | 30,248,651 |  |  |  | 28,906,419 |
Total oil and gas properties |  | $ | 10,125,090 |  |  | $ | 9,757,928 |
DD&A amounted to $10.57 and $8.68 per BOE of production for the years ended March 31, 2022 and 2021, respectively.

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- Definition The entire disclosure for properties used in normal conduct of oil and gas exploration and producing operations. This disclosure may include property accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 360 -URI https://asc.fasb.org/subtopic&trid=2145654 + Details
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