Antero Resources Corporation Quarterly report pursuant to Section 13 or 15(d)

Asset Retirement Obligations

3 Months Ended

Mar. 31, 2019

(8)Asset Retirement Obligations

The following is a reconciliation of the Company’s asset retirement obligations for the three months ended March 31, 2019 (in thousands):


Asset retirement obligations—December 31, 2018	$	58,979
Obligations settled		(154)
Obligations incurred		430
Revisions to prior estimates		—
Accretion expense		976
Effect of deconsolidation of Antero Midstream Partners LP (1)		(7,518)
Asset retirement obligations—March 31, 2019	$	52,713

⁽¹⁾

Effective March 13, 2019, Antero Midstream Partners is no longer consolidated in Antero’s results.

Asset retirement obligations are included in other liabilities on the Company’s unaudited condensed consolidated balance sheets.