Annual report pursuant to Section 13 and 15(d)

Asset Retirement Obligations (Tables)

v2.4.1.9
Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2014
Asset Retirement Obligation [Abstract]  
Schedule of Change in Asset Retirement Obligation

 

 

 

 

 

 

 

 

 

For the Year Ended December 31,

 

2014

 

2013

Asset retirement obligations at January 1, 2014

 

$

6,732 

 

$

13,301 

Accretion expense

 

 

826 

 

 

1,785 

Liabilities incurred

 

 

638 

 

 

679 

Liabilities assumed

 

 

140 

 

 

Liabilities settled

 

 

(2,130)

 

 

(457)

Liabilities related to oil and gas properties sold

 

 

 

 

(4,765)

Revisions to estimate

 

 

468 

 

 

(3,811)

Asset retirement obligations at end of period

 

 

6,674 

 

 

6,732 

Less: Current asset retirement obligations

 

 

(4,747)

 

 

(4,120)

Long-term asset retirement obligations at December 31, 2014

 

$

1,927 

 

$

2,612