Rendering

Component: (Network and Table)
Network
31103 - Disclosure - Asset Retirement Obligation (Tables)
(http://www.contango.com/role/DisclosureAssetRetirementObligationTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Asset Retirement Obligation Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Asset Retirement Obligation Disclosure [Abstract]
 
Schedule of Change in Asset Retirement Obligation

Activities related to the Company’s ARO during the year ended December 31, 2016 and 2015 were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

 

    

2016

    

2015

 

 

 

 

 

 

 

 

 

Balance as of the beginning of the period

 

$

27,109

 

$

25,746

 

Liabilities incurred during period

 

 

69

 

 

349

 

Liabilities settled during period

 

 

(707)

 

 

(254)

 

Accretion

 

 

1,187

 

 

1,219

 

Sales

 

 

(851)

 

 

 —

 

Change in estimate

 

 

119

 

 

167

 

Other adjustments

 

 

 —

 

 

(118)

 

Balance as of the end of the period

 

$

26,926

 

$

27,109