Quarterly report pursuant to Section 13 or 15(d)

ASSET RETIREMENT OBLIGATIONS (Tables)

v3.22.2
ASSET RETIREMENT OBLIGATIONS (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Schedule of Change in Asset Retirement Obligation [Table Text Block]

A summary of the changes to ARO is as follows (in thousands):

Six Months Ended June 30, 

    

2022

Asset retirement obligations, beginning of period

$

424,495

Liabilities settled

 

(39,775)

Accretion expense

 

12,917

Liabilities acquired

 

33,202

Liabilities incurred

138

Revisions of estimated liabilities

 

29,792

Asset retirement obligations, end of period

460,769

Less: Current portion

 

(51,504)

Long-term

$

409,265