Asset Retirement Obligations (Tables)

3 Months Ended

Mar. 31, 2017

Asset Retirement Obligation Disclosure [Abstract]

Schedule Of Asset Retirement Obligations

The following table shows certain information about our AROs for the periods indicated:

	Three Months Ended
	March 31,
	2017			2016
	(In thousands)
ARO liability, January 1:	$	70,170		$	98,297
Accretion of discount	785			879
Liability incurred	658			90
Liability settled	(630		)	(375		)
Liability sold (1)	(432		)	(9,950		)
Revision of estimates (2)	(508		)	(18,182		)
ARO liability, March 31:	70,043			70,759
Less current portion	3,243			3,499
Total long-term ARO	$	66,800		$	67,260

_______________________ 

(1) We sold our interest in a number of non-core wells to unaffiliated third-parties during the first three months of 2017 and 2016, respectively.

(2) Plugging liability estimates were revised in both 2017 and 2016 for updates in the cost of services used to plug wells over the preceding year. We had various upward and downward adjustments.