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ASSET RETIREMENT OBLIGATIONS (Tables)
6 Months Ended
Jun. 30, 2018
ASSET RETIREMENT OBLIGATIONS  
Schedule of activity related to ARO liability

 

        The Company recorded the following activity related to its ARO liability (in thousands):

                                                                                                                                                                                    

Liability for asset retirement obligations as of December 31, 2017

 

$

4,368

 

Liabilities settled and divested

 

 

(110

)

Additions

 

 

544

 

Acquisitions(1)

 

 

2,333

 

Accretion expense

 

 

131

 

Revisions in estimated cash flows

 

 

(720

)

​  

​  

Liability for asset retirement obligations as of June 30, 2018

 

$

6,546

 

​  

​  

​  

​  


 

 

(1)          

See Note 3, "Acquisitions and Divestitures," for additional information on the Company's acquisition and divestiture activities.