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ASSET RETIREMENT OBLIGATIONS (Tables)
3 Months Ended
Mar. 31, 2020
ASSET RETIREMENT OBLIGATIONS  
Schedule of reconciliation of the Company’s asset retirement obligations

The following table summarizes the changes in the Company’s asset retirement obligations for the three months ended March 31, 2020 (in thousands):

 

 

 

 

 

 

For the three months ended

 

    

March 31, 2020

Balance, beginning of period

 

$

3,653

Additional liability incurred

 

 

54

Obligations settled

 

 

 —

Obligations on assets sold

 

 

(14)

Revisions in estimated cash flows

 

 

362

Accretion expense

 

 

97

Balance, end of period

 

$

4,152