BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($) |
6 Months Ended | 12 Months Ended | |
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Mar. 18, 2022 |
Jun. 30, 2023 |
Dec. 31, 2022 |
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Oil and Gas Joint Interest Billing Receivables, Allowance for Credit Loss, Current | $ 11,300,000 | $ 12,100,000 | |
At The Market Equity Offering [Member] | |||
Sale of Stock, Maximum Percentage of Placement Fee | 3.00% | ||
Issuance and sale of common stock | $ 100,000,000 | ||
Stock issued (in shares) | 0 | 2,971,413 | |
Share issued price per share | $ 5.72 | ||
Proceeds from sale of equity | $ 16,500,000 | ||
General and Administrative Expense [Member] | |||
Employee Retention Credit | $ 2,200,000 | ||
W&T Energy VI, LLC, Aquasition LLC, and Aquasition II, LLC [Member] | |||
Owned Subsidiaries | 100.00% |
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- Definition The parent entity's interest in net assets of the subsidiary, expressed as a percentage. No definition available.
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- Definition The cash inflow from the additional capital contribution to the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from the issuance of common stock, preferred stock, treasury stock, stock options, and other types of equity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per share or per unit amount of equity securities issued. No definition available.
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- Definition Number of new stock issued during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of employee retention credit No definition available.
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- Definition Amount of allowance for credit loss on joint interest partners in oil and gas properties, classified as current. No definition available.
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- Definition The maximum percentage of placement fee of gross sales price per share sold. No definition available.
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