Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT (Tables)

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PROPERTY AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and equipment consist of the following:
Property and Equipment
December 31, 2021 December 31, 2020
Land $ 24,989,784  $ 686,330 
Crude oil pipelines 180,663,146  — 
Natural gas pipeline 126,889,779  104,869,418 
Right-of-way agreements 63,409,200  22,041,047 
Pipeline related facilities 39,995,865  — 
Tanks 30,679,194  — 
Vehicles and trailers 1,840,609  719,897 
Office equipment and computers 1,403,090  268,559 
Construction work in progress 8,581,560  220,157 
Gross property and equipment $ 478,452,227  $ 128,805,408 
Less: accumulated depreciation (37,022,034) (22,580,810)
Net property and equipment $ 441,430,193  $ 106,224,598