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Other Long-Term Obligations and Commitments (Tables)
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Summary of Future Minimum Lease Payments for Non-Cancelable Operating Leases
The payment schedule for the Company’s operating and financing lease obligations as of June 30, 2019 is as follows:
 
(Thousands of dollars)
 
Operating
Leases
  
Financing

Leases
 
2019
 $299  $5 
2020
  155   7 
2021
  17   2 
  
 
 
  
 
 
 
Total undiscounted lease payments
 $471  $ 14 
Less: Amount associated with discounting
  (19  (1
  
 
 
  
 
 
 
Net operating lease liabilities
 $452  $13 
  
 
 
  
 
 
Reconciliation of Liability for Plugging and Abandonment Costs
A reconciliation of the liability for plugging and abandonment costs for the six months ended June 30, 2019 is as follows:
 
(Thousands of dollars)
 
June 30,
2019
 
Asset retirement obligation at December 31, 2018
 $21,334 
Liabilities incurred
  —   
Liabilities settled
  (829
Accretion expense
  560 
Revisions in estimated liabilities
  —   
  
 
 
 
Asset retirement obligation at June 30, 2019
 $21,065