Quarterly report pursuant to Section 13 or 15(d)

Asset Retirement Obligations

v3.19.1
Asset Retirement Obligations
3 Months Ended
Mar. 31, 2019
Asset Retirement Obligations  
Asset Retirement Obligations

(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.