XML 27 R11.htm IDEA: XBRL DOCUMENT v3.5.0.2
Asset Retirement Obligations
 9 Months Ended
Sep. 30, 2016
Asset Retirement Obligation [Abstract]  
Asset Retirement Obligations [Text Block]
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, 2016 and 2015 (in thousands):
 
Nine Months Ended 
 September 30,
 
2016
 
2015
Carrying Amount at Beginning of Period
$
811,554

 
$
752,718

Liabilities Incurred
40,080

 
38,095

Liabilities Settled (1)
(52,518
)
 
(12,929
)
Accretion
24,462

 
23,810

Revisions
(26,307
)
 
(13,576
)
Foreign Currency Translations
(7,851
)
 
(4,361
)
Carrying Amount at End of Period
$
789,420

 
$
783,757

 
 
 
 
Current Portion
$
10,133

 
$
11,592

Noncurrent Portion
$
779,287

 
$
772,165

 
(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.