Rendering

Component: (Network and Table)
Network
100310 - Disclosure - Asset Retirement Obligations (Tables)
(http://www.wtoffshore.com/20161231/taxonomy/role/DisclosureAssetRetirementObligationsTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001288403 (http://www.sec.gov/CIK)
Asset Retirement Obligation Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Asset Retirement Obligation Disclosure [Abstract]
 
Reconciliation of Asset Retirement Obligations Liability

The following is a reconciliation of our ARO liability (in thousands):

 

Year Ended December 31,

 

 

2016

 

 

2015

 

Asset retirement obligations, beginning of period

$

378,322

 

 

$

390,568

 

Liabilities settled

 

(72,320

)

 

 

(32,555

)

Accretion of discount

 

17,571

 

 

 

20,703

 

Disposition of properties

 

—

 

 

 

(8,581

)

Liabilities assumed through acquisition

 

—

 

 

 

2,944

 

Liabilities incurred

 

398

 

 

 

4,780

 

Revisions of estimated liabilities

 

10,467

 

 

 

463

 

Asset retirement obligations, end of period

 

334,438

 

 

 

378,322

 

Less current portion

 

78,264

 

 

 

84,335

 

Long-term

$

256,174

 

 

$

293,987