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Asset Retirement Obligations
9 Months Ended
Sep. 30, 2022
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 nine months ended September 30, 2022 (in thousands)
 2022
Beginning asset retirement obligations$15,866 
Liabilities incurred342 
Liabilities settled(665)
Acquisitions20,078 
Accretion expense1,863 
Divestitures(1,087)
Revision of estimates381 
Ending asset retirement obligations$36,778