$EP
EMPIRE PETROLEUM CORP Stock $ep

$ep Overview Financials Valuation SEC Filings Company Website

2022 Q4 Form 10-Q Financial Statement

#000107261322000626 Filed on November 14, 2022

Income Statement

Concept	2022 Q4	2022 Q3	2021 Q3
Revenue	$8.508M	$14.79M	$10.10M
YoY Change	-22.58%	46.52%	554.61%
Cost Of Revenue	$5.176M	$9.618M	$4.275M
YoY Change	-31.93%	124.96%	210.89%
Gross Profit	$3.332M	$5.174M	$5.820M
YoY Change	-1.6%	-11.1%	3384.96%
Gross Profit Margin	39.17%	34.98%	57.65%
Selling, General & Admin	$3.744M	$2.850M	$1.914M
YoY Change	54.59%	48.88%	49.71%
% of Gross Profit	112.34%	55.08%	32.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$519.4K	$539.5K	$1.280M
YoY Change	8.92%	-57.83%	26.85%
% of Gross Profit	15.59%	10.43%	21.98%
Operating Expenses	$4.612M	$13.35M	$3.521M
YoY Change	42.72%	279.17%	94.69%
Operating Profit	-$1.279M	$1.442M	$2.299M
YoY Change	-923.33%	-37.28%	-240.08%
Interest Expense	-$161.8K	-$125.3K	-$3.778M
YoY Change	-97.22%	-96.68%	2925.43%
% of Operating Profit		-8.69%	-164.33%
Other Income/Expense, Net	$297.2K	-$125.3K	$29.69K
YoY Change	-110.07%	-522.13%
Pretax Income	-$2.081M	$215.9K	-$3.726M
YoY Change	-75.86%	-105.8%	127.02%
Income Tax	$208.9K
% Of Pretax Income
Net Earnings	-$2.290M	$215.9K	-$3.726M
YoY Change	-73.44%	-105.8%	127.02%
Net Earnings / Revenue	-26.91%	1.46%	-36.91%
Basic Earnings Per Share		$0.01	-$0.23
Diluted Earnings Per Share	-$0.10	$0.01	-$225.0K
COMMON SHARES
Basic Shares Outstanding	22.10M shares	21.69M shares	16.56M shares
Diluted Shares Outstanding		24.07M shares	16.56M shares

Balance Sheet

Concept	2022 Q4	2022 Q3	2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$11.94M	$15.73M	$3.188M
YoY Change	230.7%	393.61%	2272.19%
Cash & Equivalents	$11.94M	$15.73M	$3.188M
Short-Term Investments
Other Short-Term Assets	$1.170M	$1.073M	$207.8K
YoY Change	59.32%	416.46%	-69.19%
Inventory	$1.840M	$1.605M	$1.531M
Prepaid Expenses	$1.048M	$724.5K
Receivables	$7.780M	$5.982M	$6.818M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$22.73M	$24.39M	$11.74M
YoY Change	73.31%	107.71%	370.78%
LONG-TERM ASSETS
Property, Plant & Equipment	$45.31M	$35.90M	$29.55M
YoY Change	47.7%	21.5%	51.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$3.499M	$5.951M	$5.353M
YoY Change	-44.41%	11.18%	615.91%
Total Long-Term Assets	$48.81M	$41.85M	$34.90M
YoY Change	32.02%	19.92%	72.21%
TOTAL ASSETS
Total Short-Term Assets	$22.73M	$24.39M	$11.74M
Total Long-Term Assets	$48.81M	$41.85M	$34.90M
Total Assets	$71.55M	$66.24M	$46.64M
YoY Change	42.83%	42.02%	104.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.843M	$4.227M	$4.265M
YoY Change	34.97%	-0.88%	177.55%
Accrued Expenses	$9.461M	$7.325M	$4.400M
YoY Change	61.89%	66.47%	94.46%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$4.063M	$6.574M	$1.253M
YoY Change	116.03%	424.63%	-85.82%
Total Short-Term Liabilities	$17.62M	$13.06M	$9.918M
YoY Change	46.18%	31.7%	-21.5%
LONG-TERM LIABILITIES
Long-Term Debt	$5.140M	$6.574M	$9.480M
YoY Change	-32.01%	-30.66%	6605.61%
Other Long-Term Liabilities	$25.55M	$22.34M	$23.51M
YoY Change	23.78%	-5.01%	39.02%
Total Long-Term Liabilities	$30.69M	$28.91M	$32.99M
YoY Change	8.82%	-12.38%	93.45%
TOTAL LIABILITIES
Total Short-Term Liabilities	$17.62M	$13.06M	$9.918M
Total Long-Term Liabilities	$30.69M	$28.91M	$32.99M
Total Liabilities	$48.31M	$41.97M	$42.91M
YoY Change	20.01%	-2.19%	44.53%
SHAREHOLDERS EQUITY
Retained Earnings	-$52.15M	-$49.86M
YoY Change	-11.96%
Common Stock	$81.62K	$81.55K
YoY Change	2.84%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$23.24M	$24.27M	$3.730M
YoY Change
Total Liabilities & Shareholders Equity	$71.55M	$66.24M	$46.64M
YoY Change	42.83%	42.02%	104.94%

Cashflow Statement

Concept	2022 Q4	2022 Q3	2021 Q3
OPERATING ACTIVITIES
Net Income	-$2.290M	$215.9K	-$3.726M
YoY Change	-73.44%	-105.8%	127.02%
Depreciation, Depletion And Amortization	$519.4K	$539.5K	$1.280M
YoY Change	8.92%	-57.83%	26.85%
Cash From Operating Activities	$3.149M	$3.863M	$3.142M
YoY Change	23.97%	22.96%	-259.47%
INVESTING ACTIVITIES
Capital Expenditures	$9.160M	-$465.2K	-$424.8K
YoY Change	-759.97%	9.52%	-16.06%
Acquisitions
YoY Change
Other Investing Activities	$2.537M	-$44.00K	$770.0K
YoY Change	-508.85%	-105.71%	-41.21%
Cash From Investing Activities	-$6.623M	-$509.2K	$345.2K
YoY Change	229.72%	-247.49%	-57.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$583.1K
YoY Change			11.07%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-315.5K	-56.56K	-1.316M
YoY Change	194.82%	-95.7%	-201.2%
NET CHANGE
Cash From Operating Activities	3.149M	3.863M	3.142M
Cash From Investing Activities	-6.623M	-509.2K	345.2K
Cash From Financing Activities	-315.5K	-56.56K	-1.316M
Net Change In Cash	-3.789M	3.297M	2.171M
YoY Change	-992.97%	51.91%	1515.41%
FREE CASH FLOW
Cash From Operating Activities	$3.149M	$3.863M	$3.142M
Capital Expenditures	$9.160M	-$465.2K	-$424.8K
Free Cash Flow	-$6.011M	$4.328M	$3.567M
YoY Change	-253.04%	21.36%	-343.59%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Central Index Key EntityCentralIndexKey	0000887396
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Registrant Name EntityRegistrantName	EMPIRE PETROLEUM CORPORATION
CY2021Q4	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2022Q3	EP	Convertible Debt Modification Inducement Expense ConvertibleDebtModificationInducementExpense		usd
	EP	Convertible Debt Modification Inducement Expense ConvertibleDebtModificationInducementExpense		usd
CY2022Q3	EP	Unrealized Gain On Embedded Conversion Option UnrealizedGainOnEmbeddedConversionOption		usd
	EP	Unrealized Gain On Embedded Conversion Option UnrealizedGainOnEmbeddedConversionOption		usd
	EP	Settlement Of Asset Retirement Obligations SettlementOfAssetRetirementObligations		usd
	EP	Loss On Settlement Of Asset Retirement Obligation LossOnSettlementOfAssetRetirementObligation		usd
	EP	Loss On Xto Final Settlement LossOnXtoFinalSettlement		usd
	EP	Pierelated Expense See Note5 PierelatedExpenseSeeNote5		usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts		usd
	EP	Payments Of Stock Issuance Costs1 PaymentsOfStockIssuanceCosts1		usd
	EP	Loss On Embedded Conversion Option Senior Secured Convertible Note LossOnEmbeddedConversionOptionSeniorSecuredConvertibleNote		usd
	EP	Amortization Of Discount On Convertible Notes AmortizationOfDiscountOnConvertibleNotes		usd
	EP	Convertible Debt Modification Inducement Expense ConvertibleDebtModificationInducementExpense		usd
	EP	Stock Issued For Interest Expense Payment StockIssuedForInterestExpensePayment		usd
	EP	Forgiveness Of Payroll Protection Plan Loan ForgivenessOfPayrollProtectionPlanLoan		usd
	EP	Additions To Oil And Natural Gas Properties AdditionsToOilAndNaturalGasProperties		usd
	EP	Cash Paid For Right Of Use Assets CashPaidForRightOfUseAssets		usd
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt		usd
	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants		usd
	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises		usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability		usd
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet		usd
	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1		usd
	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits		usd
CY2021Q4	EP	Wells In Progress WellsInProgress		usd
	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P3Y3M19D
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-09-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity File Number EntityFileNumber	001-16653
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	73-1238709
	dei	Entity Address Address Line1 EntityAddressAddressLine1	2200 S. Utica Place
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 150
	dei	Entity Address City Or Town EntityAddressCityOrTown	Tulsa
	dei	Entity Address State Or Province EntityAddressStateOrProvince	OK
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	74114
CY2021Q4	us-gaap	Other Oil And Gas Property Successful Effort Method OtherOilAndGasPropertySuccessfulEffortMethod	46914326	usd
	dei	City Area Code CityAreaCode	539
	dei	Local Phone Number LocalPhoneNumber	444-8002
	dei	Security12b Title Security12bTitle	Common Stock $.001 par value
	dei	Trading Symbol TradingSymbol	EP
	dei	Security Exchange Name SecurityExchangeName	NYSEAMER
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	22096055	shares
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	15733842	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3611871	usd
CY2022Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5981533	usd
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	7733905	usd
CY2022Q3	us-gaap	Derivative Instruments And Hedges DerivativeInstrumentsAndHedges	348665	usd
CY2021Q4	us-gaap	Derivative Instruments And Hedges DerivativeInstrumentsAndHedges	55242	usd
CY2022Q3	us-gaap	Inventory Net InventoryNet	1605357	usd
CY2021Q4	us-gaap	Inventory Net InventoryNet	1037880	usd
CY2022Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	724484	usd
CY2021Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	679122	usd
CY2022Q3	us-gaap	Assets Current AssetsCurrent	24393881	usd
CY2021Q4	us-gaap	Assets Current AssetsCurrent	13118020	usd
CY2022Q3	us-gaap	Other Oil And Gas Property Successful Effort Method OtherOilAndGasPropertySuccessfulEffortMethod	53064338	usd
CY2021Q4	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	1288611	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	35897030	usd
CY2022Q3	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	18703073	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	30677019	usd
CY2022Q3	us-gaap	Derivative Instruments And Hedges Noncurrent DerivativeInstrumentsAndHedgesNoncurrent	51660	usd
CY2021Q4	us-gaap	Derivative Instruments And Hedges Noncurrent DerivativeInstrumentsAndHedgesNoncurrent	194018	usd
CY2022Q3	EP	Sinking Fund SinkingFund	5450000	usd
CY2021Q4	EP	Sinking Fund SinkingFund	4810000	usd
CY2022Q3	us-gaap	Other Assets OtherAssets	449811	usd
CY2021Q4	us-gaap	Other Assets OtherAssets	1290594	usd
CY2021Q4	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	17525918	usd
CY2022Q3	us-gaap	Oil And Gas Property Successful Effort Method Net OilAndGasPropertySuccessfulEffortMethodNet	34361265	usd
CY2021Q4	us-gaap	Oil And Gas Property Successful Effort Method Net OilAndGasPropertySuccessfulEffortMethodNet	29388408	usd
CY2022Q3	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	1535765	usd
CY2022Q3	us-gaap	Assets Assets	66242382	usd
CY2021Q4	us-gaap	Assets Assets	50089651	usd
CY2022Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	4226799	usd
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	4329535	usd
CY2022Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	7325010	usd
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	5844184	usd
CY2022Q3	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	251117	usd
CY2021Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	180105	usd
CY2022Q3	EP	Current Portion Of Long Term Notes Payable Net Of Discount CurrentPortionOfLongTermNotesPayableNetOfDiscount	1258804	usd
CY2021Q4	EP	Current Portion Of Long Term Notes Payable Net Of Discount CurrentPortionOfLongTermNotesPayableNetOfDiscount	1700663	usd
CY2022Q3	us-gaap	Liabilities Current LiabilitiesCurrent	13061730	usd
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	12054487	usd
CY2022Q3	us-gaap	Long Term Notes Payable LongTermNotesPayable	5174783	usd
CY2021Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	6117091	usd
CY2022Q3	EP	Long Term Notes Payable1 LongTermNotesPayable1	1399030	usd
CY2021Q4	EP	Long Term Notes Payable1 LongTermNotesPayable1	797010	usd
CY2022Q3	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	613899	usd
CY2021Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	646311	usd
CY2022Q3	us-gaap	Asset Retirement Obligation AssetRetirementObligation	21722407	usd
CY2021Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	20640599	usd
CY2022Q3	us-gaap	Liabilities Liabilities	41971849	usd
CY2021Q4	us-gaap	Liabilities Liabilities	40255498	usd
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	190000000	shares
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	190000000	shares
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	21882565	shares
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	21882565	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	19840648	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	19840648	shares
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	81550	usd
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	79362	usd
CY2022Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	74048678	usd
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	68988134	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-49859695	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-59233343	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	24270533	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	9834153	usd
CY2022Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	66242382	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	50089651	usd
CY2022Q3	EP	Oil And Gas Sales OilAndGasSales	11501521	usd
CY2021Q3	EP	Oil And Gas Sales OilAndGasSales	7761584	usd
	EP	Oil And Gas Sales OilAndGasSales	35247309	usd
	EP	Oil And Gas Sales OilAndGasSales	13882077	usd
CY2022Q3	EP	Natual Gas Sales NatualGasSales	1587542	usd
CY2021Q3	EP	Natual Gas Sales NatualGasSales	855507	usd
	EP	Natual Gas Sales NatualGasSales	4019400	usd
	EP	Natual Gas Sales NatualGasSales	1536569	usd
CY2022Q3	EP	Natural Gas Liquids Sales NaturalGasLiquidsSales	1637808	usd
CY2021Q3	EP	Natural Gas Liquids Sales NaturalGasLiquidsSales	1439799	usd
	EP	Natural Gas Liquids Sales NaturalGasLiquidsSales	5133872	usd
	EP	Natural Gas Liquids Sales NaturalGasLiquidsSales	1913191	usd
CY2022Q3	EP	Other Revenue OtherRevenue	22921	usd
CY2021Q3	EP	Other Revenue OtherRevenue	71043	usd
	EP	Other Revenue OtherRevenue	71877	usd
	EP	Other Revenue OtherRevenue	154018	usd
CY2022Q3	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	42474	usd
CY2021Q3	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-32271	usd
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-93740	usd
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-572220	usd
CY2022Q3	us-gaap	Revenues Revenues	14792266	usd
CY2021Q3	us-gaap	Revenues Revenues	10095662	usd
	us-gaap	Revenues Revenues	44378718	usd
	us-gaap	Revenues Revenues	16913635	usd
CY2022Q3	EP	Operating Operating	8505640	usd
CY2021Q3	EP	Operating Operating	3597124	usd
	EP	Operating Operating	19200436	usd
	EP	Operating Operating	7328066	usd
CY2022Q3	EP	Production Taxes ProductionTaxes	1112246	usd
CY2021Q3	EP	Production Taxes ProductionTaxes	678295	usd
	EP	Production Taxes ProductionTaxes	3151325	usd
	EP	Production Taxes ProductionTaxes	1266808	usd
CY2022Q3	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	539543	usd
CY2021Q3	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	1279534	usd
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	1429788	usd
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	2025407	usd
CY2022Q3	EP	Accretion Of Asset Retirement Obligation AccretionOfAssetRetirementObligation	342619	usd
CY2021Q3	EP	Accretion Of Asset Retirement Obligation AccretionOfAssetRetirementObligation	327018	usd
	EP	Accretion Of Asset Retirement Obligation AccretionOfAssetRetirementObligation	1009107	usd
	EP	Accretion Of Asset Retirement Obligation AccretionOfAssetRetirementObligation	881638	usd
CY2022Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2850059	usd
CY2021Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1914326	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8587891	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6040475	usd
CY2022Q3	us-gaap	Operating Expenses OperatingExpenses	13350107	usd
CY2021Q3	us-gaap	Operating Expenses OperatingExpenses	7796297	usd
	us-gaap	Operating Expenses OperatingExpenses	33378547	usd
	us-gaap	Operating Expenses OperatingExpenses	17542394	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	1442159	usd
CY2021Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	2299365	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	11000171	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-628759	usd
CY2021Q3	EP	Convertible Debt Modification Inducement Expense ConvertibleDebtModificationInducementExpense	2276813	usd
	EP	Convertible Debt Modification Inducement Expense ConvertibleDebtModificationInducementExpense	2276813	usd
CY2021Q3	EP	Unrealized Gain On Embedded Conversion Option UnrealizedGainOnEmbeddedConversionOption	-689215	usd
	EP	Unrealized Gain On Embedded Conversion Option UnrealizedGainOnEmbeddedConversionOption	-92931	usd
CY2022Q3	EP	Other Expense OtherExpense	1100888	usd
CY2021Q3	EP	Other Expense OtherExpense	-29687	usd
	EP	Other Expense OtherExpense	1278760	usd
	EP	Other Expense OtherExpense	-190387	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-125330	usd
CY2021Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4467679	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-347763	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-7373113	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	215941	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	-3726225	usd
	us-gaap	Net Income Loss NetIncomeLoss	9373648	usd
	us-gaap	Net Income Loss NetIncomeLoss	-9995367	usd
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2021Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.23
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.45
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.75
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2021Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.23
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.41
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.75
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21651383	shares
CY2021Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16560705	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20654294	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	13278341	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24065485	shares
CY2021Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16560705	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22778836	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	13278341	shares
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	9834153	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	3623427	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	6	usd
CY2022Q1	EP	Stock Issued During Period Value Shares And Warrants Issued StockIssuedDuringPeriodValueSharesAndWarrantsIssued	97500	usd
CY2022Q1	EP	Stock Issued During Period Value Stock Compensation Expense StockIssuedDuringPeriodValueStockCompensationExpense	376278	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	13931364	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	5534280	usd
CY2022Q2	EP	Stock Issued During Period Value Shares And Warrants Issued StockIssuedDuringPeriodValueSharesAndWarrantsIssued	2887183	usd
CY2022Q2	EP	Stock Issued During Period Value Stock Compensation Expense StockIssuedDuringPeriodValueStockCompensationExpense	486904	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	22839731	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	215941	usd
CY2022Q3	EP	Stock Issued During Period Value Shares And Warrants Issued StockIssuedDuringPeriodValueSharesAndWarrantsIssued	405220	usd
CY2022Q3	EP	Stock Issued During Period Value Stock Compensation Expense StockIssuedDuringPeriodValueStockCompensationExpense	809641	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	24270533	usd
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	-18441038	usd
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-997180	usd
CY2021Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	3349052	usd
CY2021Q1	EP	Stock Issued During Period Value Shares And Warrants Issued StockIssuedDuringPeriodValueSharesAndWarrantsIssued	3135650	usd
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	-12953516	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-5271962	usd
CY2021Q2	EP	Stock Issued During Period Value Stock Compensation Expense StockIssuedDuringPeriodValueStockCompensationExpense	406250	usd
CY2021Q2	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	3986857	usd
CY2021Q2	EP	Stock Issued During Period Value Warrants Isuued With Unsecured Convertible Notes StockIssuedDuringPeriodValueWarrantsIsuuedWithUnsecuredConvertibleNotes	544824	usd
CY2021Q2	EP	Stock Issued During Period Value Unsecured Convertible Notes StockIssuedDuringPeriodValueUnsecuredConvertibleNotes	1500000	usd
CY2021Q2	EP	Stock Issued During Period Value Right To Buy Issued With Unsecured Convertible Notes StockIssuedDuringPeriodValueRightToBuyIssuedWithUnsecuredConvertibleNotes	989115	usd
CY2021Q2	EP	Stock Issued During Period Value Shares And Warrants Issued For Secured Convertible Note StockIssuedDuringPeriodValueSharesAndWarrantsIssuedForSecuredConvertibleNote	4594500	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	-6203932	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	-3726225	usd
CY2021Q3	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	47387	usd
CY2021Q3	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	535714	usd
CY2021Q3	EP	Stock Issued During Period Value Shares And Warrants Issued With Amended Secured Convertible Note StockIssuedDuringPeriodValueSharesAndWarrantsIssuedWithAmendedSecuredConvertibleNote	11418140	usd
CY2021Q3	EP	Stock Issued During Period Value Unsecured Convertible Notes StockIssuedDuringPeriodValueUnsecuredConvertibleNotes	1418000	usd
CY2021Q3	EP	Stock Issued During Period Value Shares And Warrants Issued For Convertible Note Interest StockIssuedDuringPeriodValueSharesAndWarrantsIssuedForConvertibleNoteInterest	241054	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	3730138	usd
	us-gaap	Net Income Loss NetIncomeLoss	9373648	usd
	us-gaap	Net Income Loss NetIncomeLoss	-9995367	usd
	EP	Stock Compensation Expense StockCompensationExpense	1672823	usd
	EP	Stock Compensation Expense StockCompensationExpense	406250	usd
	EP	Amortization Of Right Of Use Assets AmortizationOfRightOfUseAssets	135234	usd
	EP	Amortization Of Right Of Use Assets AmortizationOfRightOfUseAssets	54363	usd
	EP	Depreciation Depletion Amortization DepreciationDepletionAmortization	1429788	usd
	EP	Depreciation Depletion Amortization DepreciationDepletionAmortization	2025407	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	1009107	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	881638	usd
	EP	Settlement Of Asset Retirement Obligations SettlementOfAssetRetirementObligations	342344	usd
	EP	Loss On Settlement Of Asset Retirement Obligation LossOnSettlementOfAssetRetirementObligation	-181386	usd
	EP	Loss On Xto Final Settlement LossOnXtoFinalSettlement	-1448363	usd
	EP	Pierelated Expense See Note5 PierelatedExpenseSeeNote5	-1399030	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	14587	usd
	EP	Payments Of Stock Issuance Costs1 PaymentsOfStockIssuanceCosts1	989115	usd
	EP	Loss On Embedded Conversion Option Senior Secured Convertible Note LossOnEmbeddedConversionOptionSeniorSecuredConvertibleNote	-92931	usd
	EP	Amortization Of Discount On Convertible Notes AmortizationOfDiscountOnConvertibleNotes	6670129	usd
	EP	Convertible Debt Modification Inducement Expense ConvertibleDebtModificationInducementExpense	2276813	usd
	EP	Stock Issued For Interest Expense Payment StockIssuedForInterestExpensePayment	241054	usd
	EP	Forgiveness Of Payroll Protection Plan Loan ForgivenessOfPayrollProtectionPlanLoan	160700	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-304009	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	5566084	usd
	EP	Unrealized Gain On Derivative Instruments UnrealizedGainOnDerivativeInstruments	151065	usd
	EP	Unrealized Gain On Derivative Instruments UnrealizedGainOnDerivativeInstruments	113943	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	567477	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	681208	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	45362	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-115670	usd
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-43773	usd
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	6807	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-2464573	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	2326752	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	1480826	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	1245653	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	14907166	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	630391	usd
	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	2205000	usd
	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	17869779	usd
	EP	Additions To Oil And Natural Gas Properties AdditionsToOilAndNaturalGasProperties	1502900	usd
	us-gaap	Payments For Purchase Of Other Assets1 PaymentsForPurchaseOfOtherAssets1	307787	usd
	us-gaap	Payments For Purchase Of Other Assets1 PaymentsForPurchaseOfOtherAssets1	508571	usd
	EP	Cash Paid For Right Of Use Assets CashPaidForRightOfUseAssets	135244	usd
	EP	Sinking Fund Deposit SinkingFundDeposit	640000	usd
	EP	Sinking Fund Deposit SinkingFundDeposit	4330000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4790931	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-22708350	usd
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	19599850	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1384167	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	5546738	usd
	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	11054661	usd
	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises	3389903	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2005736	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	25107773	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	12121971	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	3029814	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3611871	usd
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	157695	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	15733842	usd
CY2021Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3187509	usd
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	292022	usd
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	975944	usd
	EP	Noncash Additions And Revisions To Asset Retirement Obligations NoncashAdditionsAndRevisionsToAssetRetirementObligations	233659	usd
	EP	Noncash Additions And Revisions To Asset Retirement Obligations NoncashAdditionsAndRevisionsToAssetRetirementObligations	6117709	usd
	EP	Note Payable Activity Pie Agreement See Note5 NotePayableActivityPieAgreementSeeNote5	602020	usd
	EP	Note Payable Activity Pie Agreement See Note5 NotePayableActivityPieAgreementSeeNote5	148296	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	173144	usd
	us-gaap	Other Significant Noncash Transaction Value Of Consideration Given1 OtherSignificantNoncashTransactionValueOfConsiderationGiven1	2361837	usd
	us-gaap	Other Significant Noncash Transaction Value Of Consideration Given1 OtherSignificantNoncashTransactionValueOfConsiderationGiven1	290325	usd
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	259945	usd
	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1	2918000	usd
	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	16131650	usd
	EP	Organization And Basis Of Presentation OrganizationAndBasisOfPresentation	<p id="xdx_803_ecustom--OrganizationAndBasisOfPresentation_zp7m4GRiwQ3" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Note 1 - <span id="xdx_827_zX6ERUVU6sz3">Organization and Basis of Presentation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Empire Petroleum Corporation (“Empire” or the “Company”, collectively with its subsidiaries) is an independent energy company operator engaged in optimizing developed production by employing field management methods to maximize reserve recovery while minimizing costs. Empire has eight wholly-owned subsidiaries in four areas of operations:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"/><td style="width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Empire Rockies Region</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.75in"/><td style="width: 0.25in"><span style="font-family: Courier New, Courier, Monospace; font-size: 10pt">o</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Empire North Dakota LLC (“Empire North Dakota”)</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.75in"/><td style="width: 0.25in"><span style="font-family: Courier New, Courier, Monospace; font-size: 10pt">o</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Empire North Dakota Acquisition LLC (“Empire NDA”)</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"/><td style="width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Empire New Mexico LLC d/b/a Green Tree New Mexico (“Empire New Mexico”)</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"/><td style="width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Empire Texas (“Empire Texas”), consisting of the following entities:</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.75in"/><td style="width: 0.25in"><span style="font-family: Courier New, Courier, Monospace; font-size: 10pt">o</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Empire Texas Operating LLC</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 1.25in"/><td style="width: 0.25in"><span style="font-family: Wingdings; font-size: 10pt">§</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Empire Texas LLC</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 1.25in"/><td style="width: 0.25in"><span style="font-family: Wingdings; font-size: 10pt">§</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Empire Texas GP LLC</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.75in"/><td style="width: 0.25in"><span style="font-family: Courier New, Courier, Monospace; font-size: 10pt">o</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pardus Oil & Gas Operating, LP (owned 1% by Empire Texas GP LLC and 99% by Empire Texas LLC)</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"/><td style="width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Empire Louisiana LLC (“Empire Louisiana”)</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Empire was incorporated in the State of Delaware in 1985. The consolidated financial statements of Empire include the accounts of the Company and its wholly-owned subsidiaries. All intercompany accounts and transactions, including revenues and expenses, have been eliminated in consolidation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with United States generally accepted accounting principles (“GAAP”) for interim financial information and the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation of the Company's financial position, the results of operations, and the cash flows for the interim period are included. All adjustments are of a normal, recurring nature. Operating results for the interim period are not necessarily indicative of the results that may be expected for the year ending December 31, 2022.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The information contained in this Form 10-Q should be read in conjunction with the audited financial statements and related notes for the year ended December 31, 2021 which are contained in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 31, 2022.</p>
	EP	Fair Value On A Nonrecurring Basis FairValueOnANonrecurringBasis	<p id="xdx_84F_ecustom--FairValueOnANonrecurringBasis_zZcn80WR3TS5" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0.05pt 0.3in 0 0; text-align: justify"><b><span id="xdx_862_zF0QnJwacxfb">Fair Value on a Nonrecurring Basis</span></b></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0.05pt 0.3in 0 0; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0.05pt; margin-bottom: 0; margin-left: 0; text-align: justify">The Company applies the provisions of fair value measurement on a non-recurring basis to its non-financial assets and liabilities, including oil and gas properties and asset retirement obligations. These assets and liabilities are not measured at fair value on an ongoing basis but are subject to fair value adjustments if events or changes in certain circumstances indicate that adjustments may be necessary. No triggering events that require assessment of such items were observed during the three- or nine-months ended September 30, 2022.</p>
	EP	Related Party Transactions RelatedPartyTransactions	<p id="xdx_84F_ecustom--RelatedPartyTransactions_zIWlcQLYbkW" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"><b><span id="xdx_868_zt8nbiSoHXs7">Related Party Transactions</span></b></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">Transactions between related parties are considered to be related party transactions even though they may not be given accounting recognition. FASB ASC 850, <i>Related Party Disclosures</i> requires that transactions with related parties that would have influence in decision making shall be disclosed so that users of the financial statements can evaluate their significance. Related party transactions typically occur within the context of the following relationships: affiliates of the entity; entities for which investments in their equity securities is typically accounted for under the equity method by the investing entity; trusts for the benefit of employees; principal owners of the entity and members of their immediate families; management of the entity and members of their immediate families; and other parties that can significantly influence the management or operating policies of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.</p>
	us-gaap	Operating Lease Expense OperatingLeaseExpense	1300000	usd
	us-gaap	Prior Period Reclassification Adjustment PriorPeriodReclassificationAdjustment	797000	usd
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_845_eus-gaap--ConcentrationRiskCreditRisk_z3rsSdyHgpgc" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"><b><span id="xdx_868_zke9jXoYnobj">Concentrations of Credit Risk</span></b></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">The Company’s accounts receivable are primarily receivables from oil and natural gas purchasers and joint interest owners. The purchasers of the Company’s oil and natural gas production consist primarily of independent marketers, major oil and natural gas companies and gas pipeline companies. Historically, the Company has not experienced any significant losses from uncollectible accounts from its oil and natural gas purchasers. The Company operates a substantial portion of its oil and natural gas properties. As the operator of a property, the Company makes full payments for costs associated with the property and seeks reimbursement from the other working interest owners in the property for their share of those costs. Joint operating agreements govern the operations of an oil or natural gas well and, in most instances, provide for offsetting of amounts payable or receivable between the Company and its joint interest owners. The Company’s joint interest partners consist primarily of independent oil and natural gas producers. If the oil and natural gas exploration and production industry in general was adversely affected, the ability of the Company’s joint interest partners to reimburse the Company could be adversely affected.</p>
CY2022Q2	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	1400000	usd
	us-gaap	Sale Leaseback Transaction Description Of Asset S SaleLeasebackTransactionDescriptionOfAssetS	eight producing properties, two properties with behind-pipe reserves
CY2022Q2	us-gaap	Acquisition Cost Ratio AcquisitionCostRatio	0.80	pure
CY2022Q2	us-gaap	Asset Retirement Obligation AssetRetirementObligation	233659	usd
CY2022Q3	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	23294453	usd
CY2021Q4	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	20689548	usd
CY2022Q3	EP	Proved Undeveloped ProvedUndeveloped	2865584	usd
CY2021Q4	EP	Proved Undeveloped ProvedUndeveloped	2724966	usd
CY2022Q3	EP	Lease And Well Equipment LeaseAndWellEquipment	6707792	usd
CY2021Q4	EP	Lease And Well Equipment LeaseAndWellEquipment	5311779	usd
CY2022Q3	EP	Asset Retirement Obligationa AssetRetirementObligationa	18268308	usd
CY2021Q4	EP	Asset Retirement Obligationa AssetRetirementObligationa	18188033	usd
CY2022Q3	EP	Wells In Progress WellsInProgress	1928201	usd
CY2022Q3	us-gaap	Capitalized Costs Oil And Gas Producing Activities Gross CapitalizedCostsOilAndGasProducingActivitiesGross	53064338	usd
CY2021Q4	us-gaap	Capitalized Costs Oil And Gas Producing Activities Gross CapitalizedCostsOilAndGasProducingActivitiesGross	46914326	usd
	EP	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment1 AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment1	-18703073	usd
CY2021	EP	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment1 AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment1	-17525918	usd
CY2022Q3	us-gaap	Capitalized Costs Oil And Gas Producing Activities Net CapitalizedCostsOilAndGasProducingActivitiesNet	34361265	usd
CY2021Q4	us-gaap	Capitalized Costs Oil And Gas Producing Activities Net CapitalizedCostsOilAndGasProducingActivitiesNet	29388408	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1300000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2000000.0	usd
	EP	Schedule Of Operating Lease Tabletextblock ScheduleOfOperatingLeaseTabletextblock	<p id="xdx_895_ecustom--ScheduleOfOperatingLeaseTabletextblock_zfD2Ufcf4GE5" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0"><span id="xdx_8B1_zhX4ZWGVSoBk">Other property and equipment consists of operating lease assets, vehicles, office furniture, and equipment with lives ranging from <span id="xdx_902_eus-gaap--PropertyPlantAndEquipmentUsefulLife_dxL_c20220101__20220930__srt--RangeAxis__srt--MinimumMember_zw7tdpP9Qji5" title="Useful life::XDX::P3Y">three</span> to <span id="xdx_907_eus-gaap--PropertyPlantAndEquipmentUsefulLife_dxL_c20220101__20220930__srt--RangeAxis__srt--MaximumMember_zgiGerz6w6Hi" title="Useful life::XDX::P5Y">five</span> years.</span></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 9pt/107% Sans-Serif; margin: 0; text-align: center; color: Red"><b/></p> <table cellpadding="0" cellspacing="0" style="font: 9.75pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 80%; margin-right: auto"> <tr style="vertical-align: bottom"> <td style="font-size: 9.5pt"> </td><td style="font-size: 9.5pt; padding-bottom: 1pt"><b> </b></td> <td colspan="2" id="xdx_492_20220930_zwoIUN3QDqM" style="border-bottom: Black 1pt solid; font-size: 9.5pt; text-align: center"><b>September 30, 2022</b></td><td style="padding-bottom: 1pt; font-size: 9.5pt"><b> </b></td><td style="font-size: 9.5pt; padding-bottom: 1pt"><b> </b></td> <td colspan="2" id="xdx_495_20211231_ziXQYef28wKj" style="border-bottom: Black 1pt solid; font-size: 9.5pt; text-align: center"><b>December 31, 2021</b></td><td style="padding-bottom: 1pt; font-size: 9.5pt"><b> </b></td></tr> <tr id="xdx_40B_eus-gaap--PropertyPlantAndEquipmentOther_iI_maPPAEOzpTF_zkhzPLzZLlW1" style="vertical-align: bottom"> <td style="width: 56%; text-align: left">Other property and equipment, at cost</td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">2,030,593</td><td style="width: 1%; text-align: left"> </td><td style="width: 8%; font-size: 9.5pt"> </td> <td style="width: 1%; font-size: 9.5pt; text-align: left">$</td><td style="width: 12%; font-size: 9.5pt; text-align: right">1,547,325</td><td style="width: 1%; font-size: 9.5pt; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--PropertyPlantAndEquipmentOtherAccumulatedDepreciation_iNI_di_msPPAEOzpTF_zSS5BCMalNC6" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt">Less: accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(494,828</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="font-size: 9.5pt; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-size: 9.5pt; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-size: 9.5pt; text-align: right">(258,714</td><td style="padding-bottom: 1pt; font-size: 9.5pt; text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--PropertyPlantAndEquipmentOtherNet_iTI_mtPPAEOzpTF_zoL9EZbKL6ca" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt">Other property and equipment, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,535,765</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,288,611</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 9pt/107% Sans-Serif; margin: 0; text-align: center; color: Red"><b/></p>
CY2022Q3	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	2030593	usd
CY2021Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	1547325	usd
CY2022Q3	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	494828	usd
CY2021Q4	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	258714	usd
CY2022Q3	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	1535765	usd
CY2021Q4	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	1288611	usd
	us-gaap	Depreciation Depreciation	99000	usd
	us-gaap	Depreciation Depreciation	50000	usd
	EP	Supplemental Deferred Purchase Price1 SupplementalDeferredPurchasePrice1	17800000	usd
	EP	Purchase Of Performance Bond PurchaseOfPerformanceBond	5000000	usd
CY2022Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	3750000	usd
CY2022Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	3750000	usd
CY2022Q3	us-gaap	Debt Instrument Interest Rate Effective Percentage DebtInstrumentInterestRateEffectivePercentage	0.04	pure
	EP	Monthly Payment MonthlyPayment	160000	usd
	EP	Schedule Of Purchase And Sales Of Agreementtabletextblock ScheduleOfPurchaseAndSalesOfAgreementtabletextblock	<p id="xdx_896_ecustom--ScheduleOfPurchaseAndSalesOfAgreementtabletextblock_zNd6NTJaofpb" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0.05pt 0 0; text-align: justify"><span id="xdx_8B5_zDgVBKkWRUl9">The following table sets forth the Company’s purchase price allocation:</span></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0.05pt 0 0; text-align: justify"> </p> <p style="font: 9pt/107% Sans-Serif; margin: 0.05pt 0 0; text-align: center; color: Red"><b/></p> <table cellpadding="0" cellspacing="0" style="font: 9.5pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 80%; margin-right: auto"> <tr style="vertical-align: bottom"> <td style="font-weight: bold">Fair Value of Assets Acquired</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; text-align: left; padding-left: 15px">Oil and natural gas properties</td><td style="width: 10%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--OilAndGasPropertyFullCostMethodNet_iI_c20220930__us-gaap--FairValueByAssetClassAxis__custom--PreliminaryFairValueOfAssetsAcquiredMember_zJhhvifYPm2e" style="width: 18%; text-align: right" title="Oil and natural gas properties">17,662,402</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 15px">Inventory - Oil in tanks</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--InventoryNet_iI_c20220930__us-gaap--FairValueByAssetClassAxis__custom--PreliminaryFairValueOfAssetsAcquiredMember_z6Q7zLN5g8Fg" style="text-align: right" title="Inventory, Net">318,546</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 15px">Vehicles</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--VehiclesGross_iI_c20220930__us-gaap--FairValueByAssetClassAxis__custom--PreliminaryFairValueOfAssetsAcquiredMember_zXxb1EWmW6oh" style="text-align: right" title="Vehicles">179,156</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 15px">Asset retirement obligations</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--AssetRetirementObligationLegallyRestrictedAssetsFairValue_iI_c20220930__us-gaap--FairValueByAssetClassAxis__custom--PreliminaryFairValueOfAssetsAcquiredMember_zNSdUpWh2Nr2" style="border-bottom: Black 1pt solid; text-align: right" title="Asset retirement obligations">6,117,709</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt">Total assets acquired</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_iI_c20220930__us-gaap--FairValueByAssetClassAxis__custom--PreliminaryFairValueOfAssetsAcquiredMember_zBVZBp6RrIE" style="border-bottom: Black 1pt solid; text-align: right" title="Total preliminary assets acquired">24,277,813</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold">Fair Value of Liabilities Assumed</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 15px">Royalty suspense</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--RoyaltySuspense_iI_c20220930__us-gaap--FairValueByAssetClassAxis__custom--PreliminaryFairValueOfLiabilitiesAcquiredMember_zQmXe1ORsuoi" style="text-align: right" title="Royalty suspense">290,325</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 15px">Asset retirement obligations</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--AssetRetirementObligation_iI_c20220930__us-gaap--FairValueByAssetClassAxis__custom--PreliminaryFairValueOfLiabilitiesAcquiredMember_zknz1ncdOkJe" style="border-bottom: Black 1pt solid; text-align: right" title="Asset Retirement Obligations">6,117,709</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt">Total liabilities assumed</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--FairValueNetLiability_iI_c20220930__us-gaap--FairValueByAssetClassAxis__custom--PreliminaryFairValueOfLiabilitiesAcquiredMember_z9Uu8jE5Is5e" style="border-bottom: Black 1pt solid; text-align: right" title="Total preliminary liabilities assumed">6,408,034</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt">Purchase Price</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98A_ecustom--PurchasePrice_iI_c20220930__us-gaap--FairValueByAssetClassAxis__custom--PreliminaryFairValueOfLiabilitiesAcquiredMember_zohhY8vvWreg" style="border-bottom: Black 2.5pt double; text-align: right" title="Purchase price">17,869,779</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 9pt/107% Sans-Serif; margin: 0.05pt 0 0; text-align: center; color: Red"><b> </b></p>
CY2022Q3	EP	Other Setlemen Receivable Net OtherSetlemenReceivableNet	1400000	usd
	EP	Joint Devlopment Agreement Disclosure Textblock JointDevlopmentAgreementDisclosureTextblock	<p id="xdx_804_ecustom--JointDevlopmentAgreementDisclosureTextblock_zRiKPVytgdob" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0"><b>Note 5 – <span id="xdx_82D_z1txWOoMYtt8">Joint Development Agreement</span></b></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">On August 6, 2020, the Company, through its wholly owned subsidiary, Empire Texas, entered into a joint development agreement (the “JDA”) with Petroleum & Independent Exploration, LLC and related entities (“PIE”), a related party (See Note 14), dated August 1, 2020. Under the terms of the JDA, PIE will perform recompletion or workover on specified mutually agreed upon wells (“Workover Wells”) owned by Empire Texas. To fund the work, PIE entered into a term loan agreement with Empire Texas dated August 1, 2020, whereby PIE will loan up to $<span id="xdx_90C_eus-gaap--LoansPayable_iI_c20220930_zJkzlIztp8Zj" title="Loan from related party">2,000,000</span>, at an interest rate of 6% per annum, maturing <span id="xdx_90A_eus-gaap--DebtInstrumentMaturityDate_dd_c20200804__20220806_zg5goC3KWI4g" title="Maturity date">August 7, 2024</span> unless terminated earlier by PIE. Proceeds of the loan will be used for recompletion or workover of the Workover Wells. Refer to Note 8 for the amount advanced on the loan as of the current period-end. <span id="xdx_90B_ecustom--DescriptionOfWorkingAndRevenueInterests_c20200804__20200806_zsgYzTfZtS92" title="Description of working and revenue interest">As part of the JDA, Empire Texas will assign to PIE a combined 85% working and revenue interest in the Workover Wells. Of the assigned interest, 70% working and revenue interest will be used to repay the obligations under the term loan agreement. Once the term loan is repaid, PIE will reassign a 35% working and revenue interest to Empire Texas in each of the Workover Wells and retain a 50% working and revenue interest</span>. <span style="background-color: white">To the extent the cash flows from the revenue interest are insufficient to repay the obligations under the term loan, the Company remains required to repay the obligation. In the third quarter of 2022, the activity under the JDA was evaluated to determine if there were sufficient cash flows to support the long-term asset recorded as an offset to the note payable. As there is not sufficient revenue to support the reduction of the asset, the asset was written off to Lease Operating Expense on the Consolidated Statements of Operations.</span></p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white">In addition, PIE and Empire entered into a Securities Purchase Agreement ( the “Securities Agreement”) whereby <span id="xdx_906_ecustom--DescriptionOfSecurityPurchaseAgreement_c20220101__20220930__us-gaap--PlanNameAxis__custom--SecurityPurchaseAgreementMember_zNh4cvthD517" title="Description of security purchase agreement">PIE purchased for $525,000 (a) 875,000 shares of Empire common stock, (b) warrants to purchase 656,250 shares of Empire common stock at an exercise price of $0.80 per share, (c) warrants to purchase 450,000 shares of Empire common stock at an exercise price of $1.00 per share, (d) warrants to purchase 2,034,129 shares of Empire common stock at an exercise price of $0.40 per share, and (e) warrants to purchase up to 2,766,666 shares of Empire common stock at an exercise price of $0.564 per share, pursuant to various vesting provisions as detailed in the Securities Agreement</span>. On March 11, 2021 the Company amended the Securities Agreement to remove the vesting provisions for the warrants and PIE exercised all related warrants for an aggregate exercise price of $<span id="xdx_905_ecustom--AggregateExercisePrice_c20220101__20220930__us-gaap--PlanNameAxis__custom--SecurityPurchaseAgreementMember_zdI1CR9NMtW1" title="Aggregate exercise price">3,349,052</span>.</span></p>
CY2022Q3	us-gaap	Loans Payable LoansPayable	2000000	usd
	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2024-08-07
CY2020Q3	EP	Description Of Working And Revenue Interests DescriptionOfWorkingAndRevenueInterests	As part of the JDA, Empire Texas will assign to PIE a combined 85% working and revenue interest in the Workover Wells. Of the assigned interest, 70% working and revenue interest will be used to repay the obligations under the term loan agreement. Once the term loan is repaid, PIE will reassign a 35% working and revenue interest to Empire Texas in each of the Workover Wells and retain a 50% working and revenue interest
CY2021Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	20640599	usd
CY2020Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	15364217	usd
	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	233659	usd
CY2021	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	6117709	usd
	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	160958	usd
CY2021	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	2055806	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	1009107	usd
CY2021	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	1214479	usd
CY2022Q3	us-gaap	Asset Retirement Obligation AssetRetirementObligation	21722407	usd
CY2021Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	20640599	usd
CY2022Q3	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	42474	usd
CY2021Q3	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-32271	usd
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-93740	usd
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-572220	usd
	EP	Net Cash Receipts From Payments On Derivatives NetCashReceiptsFromPaymentsOnDerivatives	-244723	usd
	EP	Net Cash Receipts From Payments On Derivatives NetCashReceiptsFromPaymentsOnDerivatives	-686163	usd
CY2022Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1140037	usd
CY2022Q3	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	251117	usd
CY2022Q3	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	613899	usd
CY2022Q3	EP	Totalrightofuseleaseliabilities Totalrightofuseleaseliabilities	865016	usd
CY2022Q3	EP	Net Cash Receipts From Payments On Derivatives NetCashReceiptsFromPaymentsOnDerivatives	-83832	usd
CY2021Q3	EP	Net Cash Receipts From Payments On Derivatives NetCashReceiptsFromPaymentsOnDerivatives	-322190	usd
	EP	Schedule Of Unamortize Expense Table Textblock ScheduleOfUnamortizeExpenseTableTextblock	<p id="xdx_890_ecustom--ScheduleOfUnamortizeExpenseTableTextblock_zhpbmeyi1Ivc" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="xdx_8BE_z1oXtglaZuwj">The following table represents the Company’s outstanding debt as of September 30, 2022:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 9.5pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 80%; margin-right: auto"> <tr style="vertical-align: bottom"> <td style="width: 70%; text-align: left">Senior Revolver Loan Agreement</td><td style="width: 10%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_ecustom--NotesPayableCurrentNonCurrent_iI_c20220930__us-gaap--PlanNameAxis__custom--SeniorRevolverLoanAgreementMember_zTk9kTxgluRc" style="width: 18%; text-align: right">6,169,500</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left">Term Loan – PIE, a related party</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--NotesPayableCurrentNonCurrent_iI_c20220930__us-gaap--PlanNameAxis__custom--TermLoanPIEMember_zW53SdC6Umhi" style="text-align: right" title="Term loan">1,399,030</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left">Equipment and vehicle notes, <span id="xdx_90A_ecustom--EquipmentAndVehicleNotes_iI_pid_dp_uPure_c20220930__srt--RangeAxis__srt--MinimumMember_zm1OuIbsyAxc" title="Equipment and vehicle notes">0</span>% to <span id="xdx_906_ecustom--EquipmentAndVehicleNotes_iI_pid_dp_uPure_c20220930__srt--RangeAxis__srt--MaximumMember_zdM04o10DLO4">6.99</span>% interest rates, maturing</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--NotesPayableCurrentNonCurrent_iI_c20220930__us-gaap--PlanNameAxis__custom--VariousVehicleandEquipmentLoansMember_zkOU5XL611Mb" style="text-align: right" title="Equipment and vehicle notes">264,087</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 15px">2025 to 2027 with monthly principal and interest payments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 15px">of $<span id="xdx_906_ecustom--MonthlyPayments_iI_c20220930__srt--RangeAxis__srt--MinimumMember_zizpzIEnvAL3" title="Monthly payments">400</span> to $<span id="xdx_90F_ecustom--MonthlyPayments_iI_c20220930__srt--RangeAxis__srt--MaximumMember_zpRwkgVuidO5">1,400</span> per month</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt">Total Notes Payable</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--TotalDebtCurrentnoncurrent_iI_c20220930_z5dvUcuDq1m3" style="border-bottom: Black 1pt solid; text-align: right" title="Total notes payable">7,832,617</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt">Less: Current Maturities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--NotesPayableCurrentMaturities_iI_c20220930_zU5kotHXW0Zf" style="border-bottom: Black 1pt solid; text-align: right" title="Less current maturities">1,258,804</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt">Total Long-Term Notes Payable</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--LongTermDebtCurrent_iI_c20220930_z4utMBg7C7Ub" style="border-bottom: Black 2.5pt double; text-align: right" title="Total long-term debt">6,573,813</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="margin-top: 0; margin-bottom: 0"> </p> <p style="margin-top: 0; margin-bottom: 0"> </p>
CY2022Q3	EP	Total Debt Currentnoncurrent TotalDebtCurrentnoncurrent	7832617	usd
CY2022Q3	EP	Notes Payable Current Maturities NotesPayableCurrentMaturities	1258804	usd
CY2022Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	6573813	usd
	EP	Lease Expense LeaseExpense	191000	usd
CY2022Q3	us-gaap	Capital Leases Future Minimum Payments Due CapitalLeasesFutureMinimumPaymentsDue	308358	usd
CY2022Q3	us-gaap	Capital Leases Future Minimum Payments Next Rolling Twelve Months CapitalLeasesFutureMinimumPaymentsNextRollingTwelveMonths	311351	usd
CY2022Q3	us-gaap	Capital Leases Future Minimum Payments Due In Two Years CapitalLeasesFutureMinimumPaymentsDueInTwoYears	258889	usd
CY2022Q3	us-gaap	Capital Leases Future Minimum Payments Due In Three Years CapitalLeasesFutureMinimumPaymentsDueInThreeYears	76315	usd
CY2022Q3	us-gaap	Capital Leases Future Minimum Payments Due In Four Years CapitalLeasesFutureMinimumPaymentsDueInFourYears	21700	usd
CY2022Q3	us-gaap	Capital Leases Future Minimum Payments Due In Five Years CapitalLeasesFutureMinimumPaymentsDueInFiveYears	976613	usd
CY2022Q3	us-gaap	Capital Leases Future Minimum Payments Interest Included In Payments CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments	111597	usd
CY2022Q3	us-gaap	Capital Lease Obligations CapitalLeaseObligations	865016	usd
CY2022Q3	us-gaap	Recorded Third Party Environmental Recoveries Discount RecordedThirdPartyEnvironmentalRecoveriesDiscount	5104590	usd
CY2021Q4	us-gaap	Recorded Third Party Environmental Recoveries Discount RecordedThirdPartyEnvironmentalRecoveriesDiscount	4454776	usd
CY2022Q3	us-gaap	Accrued Salaries Current And Noncurrent AccruedSalariesCurrentAndNoncurrent	187873	usd
CY2021Q4	us-gaap	Accrued Salaries Current And Noncurrent AccruedSalariesCurrentAndNoncurrent	114954	usd
CY2022Q3	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	1164956	usd
CY2021Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	692742	usd
CY2022Q3	us-gaap	Accrued Liabilities Fair Value Disclosure AccruedLiabilitiesFairValueDisclosure	867591	usd
CY2021Q4	us-gaap	Accrued Liabilities Fair Value Disclosure AccruedLiabilitiesFairValueDisclosure	581712	usd
CY2022Q3	us-gaap	Accounts Payable And Accrued Liabilities Fair Value Disclosure AccountsPayableAndAccruedLiabilitiesFairValueDisclosure	7325010	usd
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Fair Value Disclosure AccountsPayableAndAccruedLiabilitiesFairValueDisclosure	5844184	usd
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	190000000	shares
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	190000000	shares
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2021Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2022Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2022Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2379700	shares
CY2022Q3	us-gaap	Debt Conversion Converted Instrument Warrants Or Options Issued1 DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1	1000000	shares
CY2022Q1	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	1200000	usd
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	244000	usd
CY2022Q3	us-gaap	Sales And Excise Tax Payable Current And Noncurrent SalesAndExciseTaxPayableCurrentAndNoncurrent	1300000	usd
	us-gaap	Loss Contingency Period Of Occurrence LossContingencyPeriodOfOccurrence	650,000

Files In Submission

Name	View Source	Status
ep-20220930_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
0001072613-22-000626-index-headers.html	Edgar Link	pending
0001072613-22-000626-index.html	Edgar Link	pending
0001072613-22-000626.txt	Edgar Link	pending
0001072613-22-000626-xbrl.zip	Edgar Link	pending
empire_form10q093022.htm	Edgar Link	pending
ep-20220930.xsd	Edgar Link	pending
exh31-1_18669.htm	Edgar Link	pending
exh31-2_18669.htm	Edgar Link	pending
exh32-1_18669.htm	Edgar Link	pending
exh32-2_18669.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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empire_form10q093022_htm.xml	Edgar Link	completed
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
ep-20220930_lab.xml	Edgar Link	unprocessable
ep-20220930_pre.xml	Edgar Link	unprocessable
ep-20220930_def.xml	Edgar Link	unprocessable

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$EP
EMPIRE PETROLEUM CORP Stock $ep

2022 Q4 Form 10-Q Financial Statement

#000107261322000626 Filed on November 14, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EP EMPIRE PETROLEUM CORP Stock $ep

2022 Q4 Form 10-Q Financial Statement

#000107261322000626 Filed on November 14, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EP
EMPIRE PETROLEUM CORP Stock $ep