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Asset Retirement Obligations
 12 Months Ended
Dec. 31, 2021
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 natural 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 years ended December 31, 2021 and 2020 (in thousands):
 20212020
Beginning asset retirement obligations$3,027 $2,164 
Associated with acquisitions9,821 — 
Liabilities incurred163 106 
Property dispositions(41)(10)
Liabilities settled(185)(195)
Accretion expense1,065 307 
Revision of estimates2,016 655 
Ending asset retirement obligations$15,866 $3,027