XML 32 R21.htm IDEA: XBRL DOCUMENT v3.5.0.2
Asset Retirement Obligations (Tables)
6 Months Ended
Jun. 30, 2016
Asset Retirement Obligation Disclosure [Abstract]  
Schedule Of Asset Retirement Obligations
The following table shows certain information about our AROs for the periods indicated:
 
 
Six Months Ended
 
 
June 30,
 
 
2016
 
2015
 
 
(In thousands)
ARO liability, January 1:
 
$
98,297

 
$
100,567

Accretion of discount
 
1,513

 
1,757

Liability incurred
 
212

 
5,986

Liability settled
 
(605
)
 
(1,566
)
Liability sold (1)
 
(10,308
)
 
(246
)
Revision of estimates (2)
 
(18,183
)

(10,130
)
ARO liability, June 30:
 
70,926

 
96,368

Less current portion
 
3,523

 
3,277

Total long-term ARO
 
$
67,403

 
$
93,091

_______________________ 
(1)
We sold approximately 1,150 wells to unaffiliated third-parties during the first six months of 2016.
(2)
Plugging liability estimates were revised in both 2016 and 2015 for updates in the cost of services used to plug wells over the preceding year. We had various upward and downward adjustments.