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Asset Retirement Obligations (Tables)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2014
Mar. 31, 2015
Jun. 30, 2015
Asset Retirement Obligations [Abstract]        
Schedule of Changes in Asset Retirement Obligations

The following table reconciles the beginning and ending aggregate recorded amount of our asset retirement obligations.

 

 

 

 

 

 

 

Three Months Ended
September 30,

 

 

2014

 

 

(in thousands)

Beginning of period total

 

$

272,695 

Accretion expense

 

 

6,181 

Liabilities incurred

 

 

564 

Liabilities settled

 

 

(7,190)

End of period total

 

 

272,250 

Less: End of period, current portion

 

 

(39,831)

End of period, noncurrent portion

 

$

232,419 

 

The following table reconciles the beginning and ending aggregate recorded amount of our asset retirement obligations.

 

 

 

 

 

 

 

Six Months Ended
December 31,

 

 

2014

 

 

(in thousands)

Beginning of period total

 

$

272,695 

Accretion expense

 

 

12,279 

Liabilities incurred and true-up to liabilities settled

 

 

5,212 

Liabilities settled

 

 

(32,038)

End of period total

 

 

258,148 

Less: Current portion

 

 

(39,831)

End of period, noncurrent portion

 

$

218,317 

 

The following table reconciles the beginning and ending aggregate recorded amount of our asset retirement obligations.

 

 

 

 

 

 

 

Nine Months Ended
March 31,

 

 

2015

 

 

(in thousands)

Beginning of period total

 

$

272,695 

Accretion expense

 

 

17,788 

Liabilities incurred and true-up to liabilities settled

 

 

2,728 

Liabilities settled

 

 

(39,025)

End of period total

 

 

254,186 

Less: Current portion

 

 

(39,831)

End of period, noncurrent portion

 

$

214,355 

 

The following table reconciles the beginning and ending aggregate recorded amount of our asset retirement obligations (“ARO”).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended
June 30,

 

Period from
June 4, 2014 through June 30,

 

 

Period from January 1, 2014
through June 3,

 

Year Ended December 31,

 

 

2015

 

2014

 

 

2014

 

2013

 

 

(in thousands)

 

 

(in thousands)

Beginning of period total

 

$

272,695 

 

$

260,161 

 

 

$

255,450 

 

$

235,110 

Accretion expense

 

 

23,400 

 

 

2,022 

 

 

 

11,771 

 

 

28,299 

Liabilities assumed in acquisitions

 

 

 -

 

 

1,088 

 

 

 

18,165 

 

 

23,541 

Pushdown accounting fair value adjustment

 

 

 -

 

 

13,211 

 

 

 

 -

 

 

 -

Liabilities incurred

 

 

3,448 

 

 

 -

 

 

 

 -

 

 

1,187 

Revisions

 

 

49,394 

 

 

 -

 

 

 

7,415 

 

 

24,586 

Liabilities associated with assets sold

 

 

(55,319)

 

 

 -

 

 

 

 -

 

 

(3,965)

Liabilities settled

 

 

(53,256)

 

 

(3,787)

 

 

 

(32,640)

 

 

(53,308)

End of period total

 

 

240,362 

 

 

272,695 

 

 

 

260,161 

 

 

255,450 

Less: End of period, current portion

 

 

(38,056)

 

 

(39,831)

 

 

 

(39,859)

 

 

(51,601)

End of period, noncurrent portion

 

$

202,306 

 

$

232,864 

 

 

$

220,302 

 

$

203,849