Asset Retirement Obligations (Tables)

9 Months Ended

Sep. 30, 2022

Asset Retirement Obligation Disclosure [Abstract]

Schedule of Asset Retirement Obligations

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

	Nine Months Ended September 30,
	2022		2021
	(In thousands)
ARO liability, beginning of period	$	25,688	$	23,356
Accretion of discount	1,366		1,381
Liability incurred	22		4
Liability settled	(556)		(852)
Liability sold	(7,284)		(1,925)
Revision of estimates (1)	3,282		4,408
ARO liability, end of period	22,518		26,372
Less: current portion	2,532		2,455
Long-term ARO liability	$	19,986	$	23,917

1.Plugging liability estimates were revised in 2022 and 2021 for updates in the cost of services used to plug wells over the preceding year as well as estimated inflation and discount rates. We had various upward and downward adjustments.