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ASSET RETIREMENT OBLIGATIONS (Tables)
6 Months Ended
Jun. 30, 2017
ASSET RETIREMENT OBLIGATIONS [Abstract]  
Asset Retirement Obligations Operating Costs



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three Months Ended

 

 

Six Months Ended

 



June 30

 

 

June 30

 

in thousands

2017 

 

 

2016 

 

 

2017 

 

 

2016 

 

ARO Operating Costs

 

 

 

 

 

 

 

 

 

 

 

Accretion

$        2,881 

 

 

$        2,716 

 

 

$        5,763 

 

 

$        5,472 

 

Depreciation

1,615 

 

 

1,621 

 

 

3,247 

 

 

3,314 

 

Total

$        4,496 

 

 

$        4,337 

 

 

$        9,010 

 

 

$        8,786 

 



Reconciliations of Asset Retirement Obligations



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three Months Ended

 

 

Six Months Ended

 



June 30

 

 

June 30

 

in thousands

2017 

 

 

2016 

 

 

2017 

 

 

2016 

 

Asset Retirement Obligations

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

$     226,012 

 

 

$     220,581 

 

 

$     223,872 

 

 

$     226,594 

 

   Liabilities incurred

335 

 

 

505 

 

 

335 

 

 

505 

 

   Liabilities settled

(5,610)

 

 

(5,450)

 

 

(10,475)

 

 

(10,320)

 

   Accretion expense

2,881 

 

 

2,716 

 

 

5,763 

 

 

5,472 

 

   Revisions, net

335 

 

 

(1,309)

 

 

4,458 

 

 

(5,208)

 

Balance at end of period

$     223,953 

 

 

$     217,043 

 

 

$     223,953 

 

 

$     217,043