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Network
2314301 - Disclosure - ASSET RETIREMENT OBLIGATIONS (Tables)
(http://www.energen.com/role/AssetRetirementObligationsTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000277595 (http://www.sec.gov/CIK)
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
The following table reflects the components of the change in Energen’s ARO balance:

(in thousands)
 
Balance as of December 31, 2013
$
108,533

Liabilities incurred
2,266

Liabilities settled
(1,543
)
Accretion expense (including discontinued operations of $251)
7,859

Revision in estimated cash flows
692

Reclassification associated with held for sale properties*
(23,747
)
Balance as of December 31, 2014
94,060

Liabilities incurred
981

Liabilities settled
(686
)
Accretion expense
7,108

Reclassification associated with held for sale properties**
(11,473
)
Balance as of December 31, 2015
89,990

Liabilities incurred
230

Liabilities settled
(758
)
Accretion expense
6,672

Revision in estimated cash flows
(12,875
)
Reclassification associated with held for sale properties***
(1,715
)
Balance as of December 31, 2016
$
81,544


*Asset retirement obligation associated with certain San Juan Basin properties included as liabilities related to assets held for sale in current liabilities on the balance sheet at December 31, 2014.
**Asset retirement obligation associated with certain San Juan Basin properties included as liabilities related to assets held for sale in current liabilities on the balance sheet at December 31, 2015.
***Adjustment to the reclassification of the asset retirement obligation associated with a series of asset sales of certain non-core Permian Basin Assets in the Delaware Basin in Texas and in the San Juan Basin in New Mexico.