Rendering
Component: (Network and Table) |
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Network | 2412402 - Disclosure - Asset Retirement Obligations (Details) (http://sm-energy.com/role/AssetRetirementObligationsDetails) |
Table | (Implied) |
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis] | 0000893538 (http://www.sec.gov/CIK) |
Asset Retirement Obligation Disclosure [Abstract] | Period [Axis] |
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2016-01-01 - 2016-12-31 | 2015-01-01 - 2015-12-31 |
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Asset Retirement Obligation Disclosure [Abstract] | | |
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward] | | |
Asset Retirement Obligation: Beginning of Year | 140,874,000 2,3 | 122,124,000 |
Asset Retirement Obligation, Liabilities Incurred | 21,293,000 1 | 14,471,000 1 |
Asset Retirement Obligation, Liabilities Settled | (57,100,000)4 | (24,781,000)4 |
Asset Retirement Obligation, Accretion Expense | 7,795,000 | 5,091,000 |
Asset Retirement Obligation, Revision of Estimate | 10,445,000 | 23,969,000 |
Asset Retirement Obligation: End of Year | 123,307,000 2,3 | 140,874,000 2,3 |
Asset Retirement Obligations Assets Held-for-sale Noncurrent | 26,241,000 | 241,000 |
Asset Retirement Obligation, Current | 932,000 | 3,300,000 |
1: Reflects liabilities incurred through drilling activities and acquisitions of drilled wells.
2: Balances as of December 31, 2016, and 2015, included $932,000 and $3.3 million, respectively, related to the Company’s current asset retirement obligation liability, which is recorded in accounts payable and accrued expenses on the accompanying balance sheets.
3: Balance as of December 31, 2016, included $26.2 million of asset retirement obligations associated with oil and gas properties held for sale, specifically the Company’s outside-operated Eagle Ford shale assets. There were no material asset retirement obligations related to assets held for sale as of December 31, 2015.
4: Reflects liabilities settled through plugging and abandonment activities and divestitures of properties.