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ASSET RETIREMENT OBLIGATIONS (Tables)
9 Months Ended
Sep. 30, 2014
ASSET RETIREMENT OBLIGATIONS [Abstract]  
Asset Retirement Obligations Operating Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30

 

 

September 30

 

in thousands

2014 

 

 

2013 

 

 

2014 

 

 

2013 

 

ARO Operating Costs

 

 

 

 

 

 

 

 

 

 

 

Accretion

$        2,892 

 

 

$        2,908 

 

 

$        8,745 

 

 

$        7,731 

 

Depreciation

1,080 

 

 

886 

 

 

3,060 

 

 

2,495 

 

Total

$        3,972 

 

 

$        3,794 

 

 

$      11,805 

 

 

$      10,226 

 

 

Reconciliations of Asset Retirement Obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30

 

 

September 30

 

in thousands

2014 

 

 

2013 

 

 

2014 

 

 

2013 

 

Asset Retirement Obligations

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

$     225,117 

 

 

$     222,851 

 

 

$     228,234 

 

 

$     150,072 

 

  Liabilities incurred

3,604 

 

 

3,524 

 

 

3,604 

 

 

69,111 

 

  Liabilities settled

(7,684)

 

 

(2,328)

 

 

(20,527)

 

 

(8,839)

 

  Accretion expense

2,892 

 

 

2,908 

 

 

8,745 

 

 

7,731 

 

  Revisions up (down), net

4,539 

 

 

6,606 

 

 

8,412 

 

 

15,486 

 

Balance at end of period

$     228,468 

 

 

$     233,561 

 

 

$     228,468 

 

 

$     233,561