Rendering

Component: (Network and Table)
Network
100270 - Disclosure - Asset Retirement Obligation (Tables)
(http://www.resolutenaturalresources.com/20161231/taxonomy/role/DisclosureAssetRetirementObligationTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001469510 (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

The following table provides a reconciliation of Resolute’s asset retirement obligations for the periods presented (in thousands):

 

 

 

December 31,

 

 

 

2016

 

 

2015

 

Asset retirement obligations at beginning of period

 

$

19,238

 

 

$

31,340

 

Additional liability incurred / acquired

 

 

587

 

 

 

96

 

Accretion expense

 

 

1,790

 

 

 

2,740

 

Liabilities settled / sold

 

 

(1,088

)

 

 

(15,177

)

Revisions to previous estimates

 

 

(175

)

 

 

239

 

Asset retirement obligations at end of period

 

 

20,352

 

 

 

19,238

 

Less: current asset retirement obligations

 

 

(895

)

 

 

(891

)

Long-term asset retirement obligations

 

$

19,457

 

 

$

18,347