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Asset Retirement Obligations (Tables)
6 Months Ended
Jun. 30, 2012
Asset Retirement Obligation Disclosure [Abstract]  
Schedule Of Asset Retirement Obligations
The following table shows certain information about our AROs for the periods indicated:
 
 
Six Months Ended
June 30,
 
2012
 
2011
 
(In thousands)
ARO liability, January 1:
$
96,446

 
$
69,265

Accretion of discount
2,126

 
1,735

Liability incurred
4,420

 
2,879

Liability settled
(1,447
)
 
(666
)
Revision of estimates
(5,022
)
(1)
9

ARO liability, June 30:
96,523

 
73,222

Less current portion
2,909

 
1,781

Total long-term ARO
$
93,614

 
$
71,441

 
(1)
Plugging liability estimates were revised in March 2012 for updates in the cost of services used to plug wells over the preceding year. Although cost per well increased, a slight decrease in the inflation factor resulted in a decrease in estimated cost.