Asset Retirement Obligations

9 Months Ended

Sep. 30, 2016

Centennial Resource Production, LLC (Centennial OpCo)

Asset Retirement Obligations

Note 5—Asset Retirement Obligations

The following table summarizes the changes in the Predecessor’s asset retirement obligations for the nine months ended September 30, 2016:

	Nine Months Ended
	September 30, 2016
	(in thousands)
Asset retirement obligations, beginning of period	$	2,288
Liabilities assumed		66
Liabilities incurred		174
Liabilities settled		(9)
Accretion expense		129
Revision of estimated liabilities		32
Asset retirement obligations, end of period	$	2,680