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ASSET RETIREMENT OBLIGATIONS (Tables)
9 Months Ended
Sep. 30, 2015
ASSET RETIREMENT OBLIGATIONS [Abstract]  
Asset Retirement Obligations Operating Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30

 

 

September 30

 

in thousands

2015 

 

 

2014 

 

 

2015 

 

 

2014 

 

ARO Operating Costs

 

 

 

 

 

 

 

 

 

 

 

Accretion

$        2,766 

 

 

$        2,892 

 

 

$        8,553 

 

 

$        8,745 

 

Depreciation

1,681 

 

 

1,080 

 

 

4,683 

 

 

3,060 

 

Total

$        4,447 

 

 

$        3,972 

 

 

$      13,236 

 

 

$      11,805 

 

 

Reconciliations of Asset Retirement Obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30

 

 

September 30

 

in thousands

2015 

 

 

2014 

 

 

2015 

 

 

2014 

 

Asset Retirement Obligations

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

$     234,919 

 

 

$     225,117 

 

 

$     226,565 

 

 

$     228,234 

 

  Liabilities incurred

 

 

3,604 

 

 

6,159 

 

 

3,604 

 

  Liabilities settled

(5,318)

 

 

(7,684)

 

 

(13,318)

 

 

(20,527)

 

  Accretion expense

2,766 

 

 

2,892 

 

 

8,553 

 

 

8,745 

 

  Revisions up, net

2,313 

 

 

4,539 

 

 

6,721 

 

 

8,412 

 

Balance at end of period

$     234,680 

 

 

$     228,468 

 

 

$     234,680 

 

 

$     228,468