Quarterly report pursuant to Section 13 or 15(d)

Asset Retirement Obligations

v3.21.2
Asset Retirement Obligations
9 Months Ended
Sep. 30, 2021
Solaris Midstream Holdings, LLC and Subsidiaries  
Asset Retirement Obligations  
Asset Retirement Obligations

7.Asset Retirement Obligations

Our asset retirement obligations are primarily related to the dismantlement, removal, site reclamation and similar activities of our pipelines, water handling facilities and associated operations. A reconciliation of the changes in asset retirement obligations is as follows:

(in thousands)

    

2021

    

2020

Asset Retirement Obligations at January 1,

$

5,291

$

3,375

Liabilities Incurred

533

738

Liabilities Incurred on Acquisition

776

Reduction for Assets Sold

(22)

Accretion Expense

208

179

Asset Retirement Obligations at September 30

$

6,032

$

5,046