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ASSET RETIREMENT OBLIGATIONS
6 Months Ended
Jun. 30, 2013
Asset Retirement Obligation Disclosure [Abstract]  
ASSET RETIREMENT OBLIGATIONS
4. ASSET RETIREMENT OBLIGATIONS

The following table describes the changes to the Partnership’s asset retirement obligation liability for the first six months of 2013:

 

Asset retirement obligation at December 31, 2012

   $ 2,161,807  

Accretion expense

     63,504  

Liabilities settled

     (195,851 ) 

Revisions in estimated liabilities

     173,267  
  

 

 

 

Asset retirement obligation at June 30, 2013

   $ 2,202,727