Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.21.2
Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and equipment consist of the following:
Property and Equipment
September 30, 2021 December 31, 2020
Land $ 24,989,784  $ 686,330 
Crude oil pipelines 158,673,147  — 
Natural gas pipeline 104,847,405  104,869,418 
Right-of-way agreements 104,466,374  22,041,047 
Tanks 30,628,985  — 
Station and pumping equipment 24,728,257  — 
Other pipeline accessories and property 12,404,042  — 
Construction work in progress 11,635,215  220,157 
Vehicles, trailers and other equipment 1,840,609  719,897 
Communication systems 1,809,161  — 
Office equipment and computers 1,180,308  268,559 
Leasehold improvements 518,354  — 
Buildings 121,237  — 
Gross property and equipment $ 477,842,878  $ 128,805,408 
Less: accumulated depreciation (32,592,641) (22,580,810)
Net property and equipment $ 445,250,237  $ 106,224,598