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Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2013
Asset Retirement Obligations [Abstract]  
Schedule of Changes in Asset Retirement Obligations

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2013

 

 

2012

 

 

 

(in thousands)

Beginning of period total

 

$

235,110 

 

$

99,347 

Accretion expense

 

 

28,299 

 

 

15,565 

Liabilities assumed in acquisitions

 

 

23,541 

 

 

132,109 

Liabilities incurred

 

 

1,187 

 

 

1,210 

Revisions

 

 

24,586 

 

 

22,308 

Liabilities associated with assets sold

 

 

(3,965)

 

 

 -

Liabilities settled

 

 

(53,308)

 

 

(35,429)

End of period total

 

 

255,450 

 

 

235,110 

Less: End of period, current portion

 

 

51,601 

 

 

30,179 

End of period, noncurrent portion

 

$

203,849 

 

$

204,931