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Asset Retirement Obligations Asset Retirement Obligations (Tables)
6 Months Ended
Jun. 30, 2016
Asset Retirement Obligation Disclosure [Abstract]  
Roll-forward of our asset retirement obligations
The following provides a roll-forward of our asset retirement obligations (in thousands):
 
2016
Asset Retirement Obligations recorded as of January 1 (Predecessor)
$
63,555

Accretion expense
1,610

Liabilities incurred for new wells and facilities construction
1

Reductions due to sold wells and facilities
(6,545
)
Reductions due to plugged wells and facilities
(85
)
Revisions in estimates
488

Asset Retirement Obligations as of April 22 (Predecessor)
$
59,024

Fair value fresh start adjustment
$
5,216

 
 
 
 
Asset Retirement Obligations as of April 22 (Successor)
$
64,240

Accretion expense
832

Liabilities incurred for new wells and facilities construction
15

Reductions due to sold wells and facilities
(8,123
)
Reductions due to plugged wells and facilities
(857
)
Revisions in estimates
(2
)
Asset Retirement Obligations as of June 30 (Successor)
$
56,105