Asset Retirement Obligations (Tables)

9 Months Ended

Sep. 30, 2016

Asset Retirement Obligations

Schedule of reconciliation of asset retirement obligations

The following is a reconciliation of the Company’s asset retirement obligations for the nine months ended September 30, 2016 (in thousands):

Asset retirement obligations—December 31, 2015	$	30,612
Obligations incurred for wells drilled and producing properties acquired		3,945
Accretion expense		1,846
Asset retirement obligations—September 30, 2016	$	36,403