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Asset Retirement Obligations
 6 Months Ended
Jun. 30, 2020
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations Asset Retirement Obligations
The Company has asset retirement obligations associated with the future plugging and abandonment of oil and gas properties and related facilities. Revisions to the liability typically occur due to changes in the estimated abandonment costs, well economic lives, and the discount rate.
The following table summarizes the Company’s asset retirement obligation transactions recorded during the six months ended June 30, (in thousands): 
 
 
2020
Beginning asset retirement obligations
 
$
2,164

Liabilities incurred
 
45

Accretion expense
 
90

Divestitures
 
(10
)
Revision of estimates
 
(2
)
Ending asset retirement obligations
 
$
2,287