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Asset Retirement Obligations
12 Months Ended
Dec. 31, 2018
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations Note 8. Asset Retirement Obligations
ARO consists primarily of estimated costs of dismantlement, removal, site reclamation and similar activities associated with our oil and gas properties. Changes in ARO are as follows:
 
Year Ended December 31,
(millions)
2018
 
2017
Asset Retirement Obligations, Beginning Balance
$
875

 
$
935

Liabilities Incurred
25

 
94

Liabilities Settled
(345
)
 
(82
)
Revisions of Estimates
293

 
(65
)
Reclassification to Liabilities Associated with Assets Held for Sale
(1
)
 
(54
)
Accretion Expense
33

 
47

Asset Retirement Obligations, Ending Balance
$
880

 
$
875


Year Ended December 31, 2018 Liabilities settled primarily included $216 million and $24 million of liabilities assumed by the purchasers of the Gulf of Mexico properties and Greeley Crescent assets, respectively, and $104 million related to abandonment of US onshore properties, primarily in the DJ Basin, where we have engaged in a program to plug and abandon older vertical wells. Costs associated with the DJ Basin abandonment activities will be incurred over several years.
Revisions of estimates were primarily related to increases in cost estimates and changes in timing estimates of $287 million for US onshore, primarily in the DJ Basin related to the abandonment activities noted above, $10 million for wells offshore Israel and $9 million for wells offshore Equatorial Guinea, partially offset by decreases in cost and timing estimates of $17 million associated with the North Sea abandonment project.    
Year Ended December 31, 2017 Liabilities incurred include $63 million related to the Clayton Williams Energy Acquisition and $31 million primarily for other US onshore wells and midstream facilities placed into service.
Liabilities settled include $43 million related to abandonment of US onshore properties, $19 million related to properties sold in the Greeley Crescent (DJ Basin) acreage divestiture, $12 million related to properties sold in the Marcellus Shale upstream divestiture and $8 million related to other offshore domestic and international properties.
Revisions of estimates include a $42 million decrease related to changes in cost and timing associated with the North Sea abandonment project and a $38 decrease for US onshore and Gulf of Mexico properties, partially offset by an increase of $15 million for West Africa.
In 2017, we also transferred $42 million and $12 million of ARO liabilities associated with Southwest Royalties and Tamar field, respectively, to liabilities associated with assets held for sale. See Note 5. Acquisitions and Divestitures.