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Asset Retirement Obligations (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2019 (in thousands):

 

Asset retirement obligations at beginning of period

$

76,344

 

Liabilities added from acquisition or drilling

 

9,477

 

Liabilities settled

 

(259

)

Accretion expense

 

4,071

 

Revision of estimates

 

(52

)

Asset retirement obligation at end of period

 

89,581

 

Less: Current portion

 

(477

)

Asset retirement obligations - long-term portion

$

89,104