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Asset Retirement Obligations (Tables)
9 Months Ended
Sep. 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 during the nine months ended September 30, 2019 and the year ended December 31, 2018:

 

    Nine Months Ended
September 30, 2019
   

Year

Ended
December 31, 2018

 
    (in thousands)  
Balance, beginning of year   $ 939     $ 913  
Accretion     17       25  
Sold/Plugged             (18 )
New drilled wells     2       19  
Change in discount rate     (14 )     -  
Liabilities incurred             -  
Balance, end of period   $ 944     $ 939