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Asset Retirement Obligations (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2019 and December 31, 2018:

 

   Six Months Ended
June 30, 2019
   Year Ended
December 31, 2018
 
   (in thousands) 
Balance, beginning of year  $939   $913 
Accretion   12    25 
Sold/Plugged   -    (18)
New drilled wells   2    19 
Change in discount rate   (15)   - 
Liabilities incurred   -    - 
Balance, end of period  $938   $939