Business Segments · Dry hole expense
Asia Pacific — Dry hole expense
ConocoPhillips Asia Pacific — Dry hole expense remained flat by 0.0% to $20.00M in Q4 2025 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2025
Last reportedQ4 2025Feb 17, 2026
Rolls up toDry hole expense
How to read this metric
An increase indicates higher exploration risk or unsuccessful drilling campaigns, while a decrease suggests improved geological targeting or reduced exploration activity.
Detailed definition
Represents the costs incurred for exploratory wells that did not result in the discovery of commercially viable oil or g...
Peer comparison
Standard across upstream E&P companies, often compared as a percentage of total exploration budget.
Metric ID:
cop_segment_asia_pacific_dry_hole_expenseHistorical Data
1 years
| FY'25 | |
|---|---|
| Value | $80.00M |
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Frequently Asked Questions
- What is ConocoPhillips's asia pacific — dry hole expense?
- ConocoPhillips (COP) reported asia pacific — dry hole expense of $20.00M in Q4 2025.
- What does asia pacific — dry hole expense mean?
- The cost of drilling exploratory wells that failed to find oil or gas.