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Commodity Risk Management Activities (Tables)

6 Months Ended

Jun. 30, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of fair value of derivatives

​

​	​	​	​	​	​	​
​	​	Fair Value of Derivative  Assets
​		June 30,			December 31,
​	​	2025		​	2024
Current		​			​
Henry Hub Nymex Swap		$	322,385	​	$	151,274
Tennessee Z4 Basis swap		​	351,769	​	​	195,211
Henry Hub Nymex Option - Put		​	181,254	​	​	—
Crude Oil NYMEX WTI CMA	​	​	263,462	​	​	56,547
Long-term			​	​	​	​
Henry Hub Nymex Swap	​	​	7,225	​	​	—
Henry Hub Nymex Option - Put		​	222,199	​	​	—
​		$	1,348,294	​	$	403,032

​

​	​	​	​	​	​	​
​	​	Fair Value of Derivative  Liabilities
​		June 30,			December 31,
​	​	2025		​	2024
Current		​			​
Henry Hub Nymex Swap		$	(264,965)	​	$	(448,852)
Tennessee Z4 Basis swap		​	—	​	​	(441,728)
Henry Hub Nymex Option - Call	​	​	(105,437)	​	​	—
Long-term			​	​	​	​
Henry Hub Nymex Swap		​	(51,406)	​	​	—
Henry Hub Nymex Option - Call		​	(193,958)	​	​	—
​		$	(615,766)	​	$	(890,580)
​	​	​	​	​	​	​
Net Fair Value of Derivatives		$	732,528	​	$	(487,548)

Schedule of fair value of derivatives rollforward

The following table presents the changes in the fair value of Epsilon’s commodity derivatives for the periods indicated:

​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	Three months ended June 30,					​	Six months ended June 30,
​		2025			2024			2025			2024
Fair value of (liability) asset, beginning of the period	​	$	(1,534,675)	​	$	511,244	​	$	(487,548)	​	$	1,100,255
Gain/(loss) on derivative contracts included in earnings	​		2,573,863	​		(94,891)	​		1,111,693	​		(195,617)
Settlement of commodity derivative contracts	​		(306,660)	​		(272,257)	​		108,383	​		(760,542)
Fair value of asset, end of the period	​	$	732,528	​	$	144,096	​	$	732,528	​	$	144,096

X

- References

No definition available.

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- Definition

Tabular disclosure of financial instrument classified as a derivative asset (liability) after deduction of derivative liability (asset) using recurring unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-3

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B

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