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Asset Retirement Obligations (Tables)
6 Months Ended
Jun. 30, 2019
Asset Retirement Obligation Disclosure [Abstract]  
Summary of Changes in Asset Retirement Obligations

The Company’s asset retirement obligations primarily relate to the Company’s portion of future plugging and abandonment costs for wells and related facilities. The following table presents the changes in the asset retirement obligations for the six months ended June 30, 2019 (in thousands):

Asset retirement obligations at beginning of period

$

76,344

 

Liabilities added from acquisition or drilling

 

37

 

Liabilities settled

 

(205

)

Accretion expense

 

2,643

 

Revision of estimates

 

75

 

Asset retirement obligation at end of period

 

78,894

 

Less: Current portion

 

(477

)

Asset retirement obligations - long-term portion

$

78,417