Rendering

Component: (Network and Table)
Network
2311301 - Disclosure - Asset Retirement Obligations (Tables)
(http://www.oasispetroleum.com/role/AssetRetirementObligationsTables)
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 Changes in Asset Retirement Obligations
The following table reflects the changes in the Company’s ARO during the years ended December 31, 2016 and 2015:
 
Year Ended December 31,
 
2016
 
2015
 
(In thousands)
Asset retirement obligation — beginning of period
$
35,812

 
$
42,549

Liabilities incurred during period(1)
11,811

 
1,245

Liabilities settled during period(2)
(480
)
 
(218
)
Accretion expense during period(1)(3)
1,973

 
2,223

Revisions to estimates
571

 
241

Liabilities held for sale(4)

 
(10,228
)
Asset retirement obligation — end of period
$
49,687

 
$
35,812


__________________ 
(1)
Includes costs for wells acquired in the Williston Basin Acquisition (see Note 6 – Acquisitions and Divestitures) as of December 31, 2016.
(2)
Liabilities settled during the year ended December 31, 2016 included ARO related to the sold properties (see Note 6 – Acquisitions and Divestitures).
(3)
Included in depreciation, depletion and amortization on the Company’s Consolidated Statement of Operations.
(4)
Represents ARO related to the properties held for sale as of December 31, 2015 (see Note 6 – Acquisitions and Divestitures).