Asset Retirement Obligations

9 Months Ended

Sep. 30, 2018

Asset Retirement Obligation Disclosure [Abstract]

Asset Retirement Obligations

Note 6 – Asset Retirement Obligations

The following is a reconciliation of the changes in the Company’s asset retirement obligation (“ARO”) for the nine months ended September 30, 2018 (in thousands):

Asset retirement obligation, December 31, 2017	$	10,769
Liabilities incurred or acquired	1,815
Revisions in estimated cash flows	318
Liabilities settled	(111		)
Accretion expense	620
Asset retirement obligation, September 30, 2018	13,411
Less: current portion of obligations	535
Asset retirement obligation – long term	$	12,876