Quarterly report pursuant to Section 13 or 15(d)

Asset Retirement Obligations (Tables)

v3.10.0.1
Asset Retirement Obligations (Tables)
6 Months Ended
Jun. 30, 2018
Asset Retirement Obligation Disclosure [Abstract]  
Summary of Changes to Asset Retirement Obligation

A summary of the changes to our ARO is as follows (in thousands):  

 

Balance, December 31, 2017

$

300,446

 

Liabilities settled

 

(12,124

)

Accretion of discount

 

9,273

 

Liabilities assumed through purchase

 

3,597

 

Revisions of estimated liabilities (1)

 

16,028

 

Balance, June 30, 2018

 

317,220

 

Less current portion

 

27,923

 

Long-term

$

289,297

 

 

 

(1)

Revisions were primarily related to wells that experienced sustained casing pressure issues.  In addition, some properties experienced scope change.