Quarterly report pursuant to Section 13 or 15(d)

Asset Retirement Obligations

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Asset Retirement Obligations
9 Months Ended
Sep. 30, 2015
Asset Retirement Obligations  
Asset Retirement Obligations

(5)Asset Retirement Obligations

 

The following is a reconciliation of the Company’s asset retirement obligations for the nine months ended September 30, 2015 (in thousands).

 

 

 

 

 

Asset retirement obligations at December 31, 2014

 

$

16,614

 

Obligations incurred for wells drilled

 

 

2,564

 

Accretion expense

 

 

1,227

 

Asset retirement obligations at September 30, 2015

 

$

20,405

 

 

Asset retirement obligations are included in other liabilities on the condensed consolidated balance sheets.