Other

Oil and Gas, Capitalized Exploratory Well Cost, Reclassification Based on Determination of Proved Reserve

Year-over-year, this metric declined by 100.0%, from $500.00K to $0.00. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ4 2025Feb 17, 2026

How to read this metric

Higher values indicate successful conversion of exploration projects into productive, revenue-generating assets.

Detailed definition

The transfer of costs from exploratory well status to property, plant, and equipment once a well is confirmed to contain...

Peer comparison

Standard accounting transition for successful exploration projects in the energy sector.

Metric ID: other_reclassification_to_well_facilities_and_equipment__c15e6d

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$0.00$7.00M$285.00M$2.00M$0.00
YoY Change>999%-99.3%-100.0%
Range$0.00$285.00M
Avg YoY Growth>999%
Median YoY Growth-99.3%
Current Streak2 years decline

Oil and Gas, Capitalized Exploratory Well Cost, Reclassification Based on Determination of Proved Reserve at Other Companies

Frequently Asked Questions

What is ConocoPhillips's oil and gas, capitalized exploratory well cost, reclassification based on determination of proved reserve?
ConocoPhillips (COP) reported oil and gas, capitalized exploratory well cost, reclassification based on determination of proved reserve of $0.00 in Q4 2025.
How has ConocoPhillips's oil and gas, capitalized exploratory well cost, reclassification based on determination of proved reserve changed year-over-year?
ConocoPhillips's oil and gas, capitalized exploratory well cost, reclassification based on determination of proved reserve decreased by 100.0% year-over-year, from $500.00K to $0.00.
What does oil and gas, capitalized exploratory well cost, reclassification based on determination of proved reserve mean?
The value of exploratory wells moved to productive assets after proving reserves.