Asset Retirement Obligations

3 Months Ended

Mar. 31, 2021

Asset Retirement Obligation Disclosure [Abstract]

ASSET RETIREMENT OBLIGATIONS

The following table summarizes the changes in the Company’s asset retirement obligations for the three months ended March 31, 2021 (in thousands).

Beginning asset retirement obligations	$	38,542
Liabilities incurred during period	166
Liabilities settled during period	(79)
Accretion expense	500
Ending asset retirement obligations	39,129
Less: current asset retirement obligations(1)	(409)
Long-term asset retirement obligations	$	38,720

 _______________

(1)Included in accrued liabilities in the Company’s interim unaudited condensed consolidated balance sheet at March 31, 2021.