Quarterly report pursuant to Section 13 or 15(d)

Asset Retirement Obligations

v3.19.2
Asset Retirement Obligations
6 Months Ended
Jun. 30, 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 six months ended June 30, 2019 (in thousands):

Asset retirement obligations—December 31, 2018

$

58,979

Obligations settled

(153)

Obligations incurred

 

807

Revisions to prior estimates

Accretion expense

 

1,894

Effect of deconsolidation of Antero Midstream Partners LP (1)

 

(7,518)

Asset retirement obligations—June 30, 2019

$

54,009

(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.