v3.26.1
Asset Retirement Obligations
3 Months Ended
Mar. 31, 2026
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations

15. Asset Retirement Obligations

Asset retirement obligations are estimated by management based on Epsilon’s net ownership interest in all wells and the gathering system, estimated costs to reclaim and abandon such assets and the estimated timing of the costs to be incurred in future periods, and the forecast risk free cost of capital. Each year we review, and to the extent necessary, revise our asset retirement obligations estimates in accordance with recent activity and current service costs.

The following tables summarize the changes in asset retirement obligations for the periods indicated:

Three Months Ended

Year ended

March 31, 

December 31, 

2026

  ​ ​ ​

2025

Balance beginning of period

$

7,437,960

$

3,652,296

Liabilities acquired

3,841,144

Liabilities disposed of

(287,716)

Wells plugged and abandoned

(1,600)

Accretion

115,498

233,836

Balance end of period

$

7,553,458

$

7,437,960