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ASSET RETIREMENT OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2014
ASSET RETIREMENT OBLIGATIONS [Abstract]  
Asset Retirement Obligations Operating Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

in thousands

2014 

 

 

2013 

 

 

2012 

 

ARO Operating Costs

 

 

 

 

 

 

 

 

Accretion

$        11,601 

 

 

$        10,685 

 

 

$        7,956 

 

Depreciation

4,462 

 

 

3,527 

 

 

5,599 

 

Total

$        16,063 

 

 

$        14,212 

 

 

$      13,555 

 

 

Reconciliations of Asset Retirement Obligations

 

 

 

 

 

 

 

 

 

 

 

 

in thousands

2014 

 

 

2013 

 

Asset Retirement Obligations

 

 

 

 

 

Balance at beginning of year

$      228,234 

 

 

$      150,072 

 

 Liabilities incurred

9,130 

 

 

69,111 

 

 Liabilities settled

(26,547)

 

 

(16,203)

 

 Accretion expense

11,601 

 

 

10,685 

 

 Revisions up, net

4,147 

 

 

14,569 

 

Balance at end of year

$      226,565 

 

 

$      228,234