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ASSET RETIREMENT OBLIGATIONS (Tables)
9 Months Ended
Sep. 30, 2013
ASSET RETIREMENT OBLIGATIONS [Abstract]  
Asset Retirement Obligations Operating Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

 

 

September 30

 

 

 

 

 

September 30

 

in thousands

2013 

 

 

2012 

 

 

2013 

 

 

2012 

 

ARO Operating Costs

 

 

 

 

 

 

 

 

 

 

 

Accretion

$        2,908 

 

 

$        1,973 

 

 

$        7,731 

 

 

$        5,990 

 

Depreciation

886 

 

 

1,110 

 

 

2,495 

 

 

4,837 

 

Total

$        3,794 

 

 

$        3,083 

 

 

$      10,226 

 

 

$      10,827 

 

 

Reconciliations of Asset Retirement Obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

 

 

September 30

 

 

 

 

 

September 30

 

in thousands

2013 

 

 

2012 

 

 

2013 

 

 

2012 

 

Asset Retirement Obligations

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

$     222,851 

 

 

$     150,413 

 

 

$     150,072 

 

 

$     153,979 

 

  Liabilities incurred

3,524 

 

 

82 

 

 

69,111 

 

 

127 

 

  Liabilities settled

(2,328)

 

 

(822)

 

 

(8,839)

 

 

(2,241)

 

  Accretion expense

2,908 

 

 

1,973 

 

 

7,731 

 

 

5,990 

 

  Revisions up (down), net

6,606 

 

 

(2,923)

 

 

15,486 

 

 

(9,132)

 

Balance at end of period

$     233,561 

 

 

$     148,723 

 

 

$     233,561 

 

 

$     148,723