XML 32 R24.htm IDEA: XBRL DOCUMENT v2.4.0.6
Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2012
AssetRetirementObligationDisclosureAbstract  
ScheduleOfChangeInAssetRetirementObligationTableTextBlock
     2012 2011 
 Beginning balance $ 302,768 $ 251,644 
  Accretion   23,052   19,866 
  New obligations   2,556   530 
  Changes in estimates of existing obligations (1)   10,895   74,039 
  Property dispositions/obligations settled   (42,401)   (43,311) 
 Ending balance $ 296,870 $ 302,768 

 

  • The change in estimates of existing obligations in 2012 are primarily due to an increase of $13 million related to changes in the timing and method of abandonment of our Eminence natural gas storage caverns that were associated with a leak in 2010. The 2011 change in estimates of existing obligations included revisions of $35 million primarily due to increases in the inflation rate and estimated removal costs, which are among several factors considered for revision in the annual review process. The 2011 revision also included an increase of $39 million related to changes in the timing and method of abandonment of our Eminence natural gas storage caverns.