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Asset Retirement Obligations (Tables)
9 Months Ended
Sep. 30, 2016
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Components of the Change in the ARO Balance
The following table reflects the components of the change in Energen’s ARO balance:

(in thousands)
 
Balance as of December 31, 2015
$
89,990

Liabilities incurred
230

Liabilities settled
(660
)
Accretion expense
5,092

Reclassification associated with held for sale properties*
(1,715
)
Balance as of September 30, 2016
$
92,937


*Adjustment to the reclassification of the asset retirement obligation associated with a series of asset sales of certain non-core Permian Basin assets in the Delaware Basin in Texas and in the San Juan Basin in New Mexico.