Annual report pursuant to Section 13 and 15(d)

Asset Retirement Obligations (Tables)

v3.22.0.1
Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2021
Asset Retirement Obligation [Abstract]  
Schedule of Change in Asset Retirement Obligation
The table below summarizes the activity for the Company’s asset retirement obligations:
Years Ended December 31,
2021 2020
(In thousands)
Asset retirement obligations, beginning of period $59,090  $49,733 
Accretion expense 3,743  3,323 
Liabilities incurred 1,826  3,895 
Increase due to acquisition of oil and gas properties 1,898  — 
Liabilities settled (1,769) (2,220)
Dispositions (7,262) (351)
Revisions to estimates (819) 4,710 
Asset retirement obligations, end of period 56,707  59,090 
Less: Current asset retirement obligations (2,249) (1,881)
Non-current asset retirement obligations $54,458  $57,209