XML 58 R14.htm IDEA: XBRL DOCUMENT v3.19.3

Asset Retirement Obligation

9 Months Ended

Sep. 30, 2019

Asset Retirement Obligation [Abstract]

Asset Retirement Obligation



(8)  Asset Retirement Obligation



Our asset retirement obligations represent the estimated present value of the amount we will incur to plug, abandon, and remediate our producing properties at the end of their productive lives in accordance with applicable laws. The following table summarizes the Company’s Asset Retirement Obligation transactions for the nine months ended September 30, 2019 (in thousands):







Balance December 31, 2018		$	2,179
Accretion expense			100
Liabilities incurred			—
Liabilities settled			(56)
Liabilities relieved - sold properties			(55)
Balance September 30, 2019		$	2,168

X

- References

No definition available.

+ Details

Name:	us-gaap_AssetRetirementObligationDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for an asset retirement obligation and the associated long-lived asset. An asset retirement obligation is a legal obligation associated with the disposal or retirement from service of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 20
-URI http://asc.fasb.org/subtopic&trid=2175671

+ Details

Name:	us-gaap_AssetRetirementObligationDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration