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Asset Retirement Obligations (Tables)
3 Months Ended
Mar. 31, 2017
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligation

A reconciliation of our liability for plugging and abandonment costs for the three months ended March 31, 2017 is as follows (in thousands):

 

 

  

Three Months
Ended
March 31,

 2017

 

Beginning of period

  

$

257,943

 

Acquisition of wells

 

 

 

Liabilities incurred

  

 

1,645

 

Liabilities settled

 

 

(2,360

)

Disposition of wells

 

 

(2,402

)

Accretion expense

  

 

3,744

 

Change in estimate

  

 

69

 

End of period

  

 

258,639

 

Less current portion

  

 

(7,271

)

Long-term asset retirement obligations

  

$

251,368