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Asset Retirement Obligations (Tables)
9 Months Ended
Sep. 30, 2016
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligation

A reconciliation of our liability for plugging and abandonment costs for the nine months ended September 30, 2016 is as follows (in thousands):

 

 

  

Nine Months
Ended
September 30,

 2016

 

Beginning of period

  

$

264,137

 

Acquisition of wells

 

 

16,600

 

Liabilities incurred

  

 

1,516

 

Liabilities settled

 

 

(8,153

)

Disposition of wells

 

 

(4,731

)

Accretion expense

  

 

12,231

 

Change in estimate

  

 

3,139

 

End of period

  

 

284,739

 

Less current portion

  

 

(15,071

)

Long-term asset retirement obligations

  

$

269,668