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Commitments and Contingencies
9 Months Ended
Sep. 30, 2020
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

(17) COMMITMENTS AND CONTINGENCIES

Litigation

We are the subject of, or party to, a number of pending or threatened legal actions and administrative proceedings arising in the ordinary course of our business including, but not limited to, royalty claims, contract claims and environmental claims. While many of these matters involve inherent uncertainty, we believe that the amount of the liability, if any, ultimately incurred with respect to these actions, proceedings or claims will not have a material adverse effect on our consolidated financial position as a whole or on our liquidity, capital resources or future annual results of operations.

When deemed necessary, we establish reserves for certain legal proceedings. The establishment of a reserve is based on an estimation process that includes the advice of legal counsel and subjective judgment of management. While management believes these reserves to be adequate, it is reasonably possible we could incur additional losses with respect to those matters in which reserves have been established. We will continue to evaluate our litigation on a quarterly basis and will establish and adjust any litigation reserves as appropriate to reflect our assessment of the then current status of litigation.

We have incurred and will continue to incur capital, operating and remediation expenditures as a result of environmental laws and regulations. As of September 30, 2020, liabilities for remediation were not material. We are not aware of any environmental claims existing as of September 30, 2020 that have not been provided for or would otherwise have a material impact on our financial position or results of operations. Environmental liabilities normally involve estimates that are subject to revision until final resolution, settlement or remediation occurs.

Obligations Following Divestitures

Certain contractual obligations were retained by us after our divestiture of our North Louisiana assets. These obligations are primarily related to gathering, processing and transportation agreements including certain minimum volume commitments. For additional information see Note 4 and Note 14.

Transportation, Gathering and Processing Commitments

We have entered into firm transportation, gathering and processing commitments with various pipeline carriers and midstream companies associated with our Pennsylvania production. The accrued obligations shown below is primarily the contractual obligations retained after the sale of our North Louisiana assets and is not included in total commitments below.  The ultimate settlement amount and timing of these accrued obligations cannot be precisely determined. As of September 30, 2020, future minimum transportation, gathering and processing fees are as follows (in thousands):

 

 

 

Remainder 2020

$

212,604

 

2021

 

849,807

 

2022

 

812,176

 

2023

 

779,226

 

2024

 

763,965

 

Thereafter

 

4,817,605

 

Total commitments

$

8,235,383

 

Accrued obligations (see also Note 14)

$

496,408