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Asset Retirement Obligations (Tables)
3 Months Ended
Mar. 31, 2015
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Change in Asset Retirement Obligation
The following table reflects the components of the change in Energen’s ARO balance:

(in thousands)
 
Balance as of December 31, 2014
$
94,060

Liabilities incurred
455

Liabilities settled
(262
)
Accretion expense
2,010

Reclassification associated with held for sale properties*
1,052

Balance as of March 31, 2015
$
97,315


*Adjustment to the reclassification of the asset retirement obligation associated with certain San Juan Basin properties included as liabilities related to assets held for sale at December 31, 2014