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Asset Retirement Obligations
 9 Months Ended
Sep. 30, 2013
Asset Retirement Obligations [Abstract]  
Asset Retirement Obligations [Text Block]
6.Asset Retirement Obligations

The following table presents the reconciliation of the beginning and ending aggregate carrying amounts of short-term and long-term legal obligations associated with the retirement of property, plant and equipment for the nine-month periods ended September 30, 2013 and 2012 (in thousands):

 
 
Nine Months Ended
 
 
 
September 30,
 
 
 
2013
  
2012
 
 
 
  
 
Carrying Amount at Beginning of Period
 
$
665,944
  
$
587,084
 
Liabilities Incurred
  
48,556
   
47,320
 
Liabilities Settled (1)
  
(54,859
)
  
(56,150
)
Accretion
  
26,421
   
22,714
 
Revisions
  
27,252
   
12,709
 
Foreign Currency Translations
  
(5,898
)
  
5,140
 
Carrying Amount at End of Period
 
$
707,416
  
$
618,817
 
 
        
Current Portion
 
$
14,329
  
$
27,615
 
Noncurrent Portion
 
$
693,087
  
$
591,202
 

(1)Includes settlements related to asset sales.

The current and noncurrent portions of EOG's asset retirement obligations are included in Current Liabilities - Other and Other Liabilities, respectively, on the Consolidated Balance Sheets.