Quarterly report pursuant to Section 13 or 15(d)

Asset Retirement Obligations

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Asset Retirement Obligations
3 Months Ended
Mar. 31, 2016
Asset Retirement Obligations  
Asset Retirement Obligations

(5)Asset Retirement Obligations

 

The following is a reconciliation of the Company’s asset retirement obligations for the three months ended March 31, 2016 (in thousands).

 

 

 

 

 

Asset retirement obligations—December 31, 2015

 

$

30,612

 

Obligations incurred for wells drilled

 

 

1,720

 

Accretion expense

 

 

598

 

Asset retirement obligations—March 31, 2016

 

$

32,930

 

 

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