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Asset Retirement Obligations (Tables)

3 Months Ended

Mar. 31, 2019

Asset Retirement Obligation Disclosure [Abstract]

Schedule of Asset Retirement Obligations

The following is a reconciliation of the changes in the Company’s liabilities for asset retirement obligations as of March 31, 2019 and December 31, 2018:

		Three Months Ended March 31, 2019				Year Ended December 31, 2018
		(in thousands)
Balance, beginning of year		$	939			$	913
Accretion			6				25
Sold/Plugged			-				(18	)
New drilled wells			-				19
Change in discount rate			(15	)			-
Liabilities incurred			-				-
Balance, end of period		$	930			$	939

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- References

No definition available.

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- Definition

Tabular disclosure of the carrying amount of a liability for asset retirement obligations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6392692&loc=d3e7535-110849

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