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Asset Retirement Obligation
9 Months Ended
Sep. 30, 2011
Asset Retirement Obligation [Abstract] 
Asset Retirement Obligation

Note 9 — Asset Retirement Obligation

Following are reconciliations of the beginning and ending asset retirement obligation for the following periods (in thousands):

 

     Nine Months Ended  
     September 30,  
     2011     2010  

Asset retirement obligation, beginning of period

   $ 166,858      $ 150,199   

Liabilities incurred

     4,074        1,491   

Liabilities settled

     (25,602     (2,890

Property dispositions

     —          (242

Accretion of asset retirement obligation

     11,157        10,419   

Changes in estimates

     256        (182
  

 

 

   

 

 

 

Total asset retirement obligation

     156,743        158,795   

Less current portion

     (61,255     (46,984
  

 

 

   

 

 

 

Total long-term asset retirement obligation, end of period

   $ 95,488      $ 111,811