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ASSET RETIREMENT OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2013
ASSET RETIREMENT OBLIGATIONS [Abstract]  
Asset Retirement Obligations Operating Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

in thousands

2013 

 

 

2012 

 

 

2011 

 

ARO Operating Costs

 

 

 

 

 

 

 

 

Accretion

$        10,685 

 

 

$          7,956 

 

 

$        8,195 

 

Depreciation

3,527 

 

 

5,599 

 

 

7,242 

 

Total

$        14,212 

 

 

$        13,555 

 

 

$      15,437 

 

 

Reconciliations of Asset Retirement Obligations

 

 

 

 

 

 

 

 

 

 

 

 

in thousands

2013 

 

 

2012 

 

Asset Retirement Obligations

 

 

 

 

 

Balance at beginning of year

$      150,072 

 

 

$      153,979 

 

 Liabilities incurred

69,111 

 

 

127 

 

 Liabilities settled

(16,203)

 

 

(2,993)

 

 Accretion expense

10,685 

 

 

7,956 

 

 Revisions up (down), net

14,569 

 

 

(8,997)

 

Balance at end of year

$      228,234 

 

 

$      150,072