eog utilized average prices per acre from comparable market transactions and estimated discounted cash flows as the basis for determining the fair value of unproved and proved properties , respectively , received in non-cash property exchanges .
see note 10 .
fair value of debt .
at december 31 , 2018 and 2017 , respectively , eog had outstanding $ 6040 million and $ 6390 million aggregate principal amount of senior notes , which had estimated fair values of approximately $ 6027 million and $ 6602 million , respectively .
the estimated fair value of debt was based upon quoted market prices and , where such prices were not available , other observable ( level 2 ) inputs regarding interest rates available to eog at year-end .
14 .
accounting for certain long-lived assets eog reviews its proved oil and gas properties for impairment purposes by comparing the expected undiscounted future cash flows at a depreciation , depletion and amortization group level to the unamortized capitalized cost of the asset .
the carrying values for assets determined to be impaired were adjusted to estimated fair value using the income approach described in the fair value measurement topic of the asc .
in certain instances , eog utilizes accepted offers from third-party purchasers as the basis for determining fair value .
during 2018 , proved oil and gas properties with a carrying amount of $ 139 million were written down to their fair value of $ 18 million , resulting in pretax impairment charges of $ 121 million .
during 2017 , proved oil and gas properties with a carrying amount of $ 370 million were written down to their fair value of $ 146 million , resulting in pretax impairment charges of $ 224 million .
impairments in 2018 , 2017 and 2016 included domestic legacy natural gas assets .
amortization and impairments of unproved oil and gas property costs , including amortization of capitalized interest , were $ 173 million , $ 211 million and $ 291 million during 2018 , 2017 and 2016 , respectively .
15 .
asset retirement obligations the following table presents the reconciliation of the beginning and ending aggregate carrying amounts of short-term and long-term legal obligations associated with the retirement of property , plant and equipment for the years ended december 31 , 2018 and 2017 ( in thousands ) : .

2018
2017
carrying amount at beginning of period
$ 946848
$ 912926
liabilities incurred
79057
54764
liabilities settled ( 1 )
-70829 ( 70829 )
-61871 ( 61871 )
accretion
36622
34708
revisions
-38932 ( 38932 )
-9818 ( 9818 )
foreign currency translations
1611
16139
carrying amount at end of period
$ 954377
$ 946848
current portion
$ 26214
$ 19259
noncurrent portion
$ 928163
$ 927589

( 1 ) includes settlements related to asset sales .
the current and noncurrent portions of eog's asset retirement obligations are included in current liabilities - other and other liabilities , respectively , on the consolidated balance sheets. .

Question: what is the percentage of the carrying amount of proved oil and gas properties concerning the total carrying amount in 2017?
Answer: 40.53%

Question: what is the increase observed in the liabilities incurred during 2017 and 2018?
Answer: 44.35%