Chevron Dry hole expense increased by 5.0% to $84.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 25.0%, from $112.00M to $84.00M. Over 4 years (FY 2021 to FY 2025), Dry hole expense shows an upward trend with a 28.8% CAGR.
operating_dry_hole_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $15.00M | $36.00M | $63.00M | $135.00M | $99.00M | $21.00M | $231.00M | $105.00M | $38.00M | $172.00M | $121.00M | $28.00M | $181.00M | $16.00M | $204.00M | $112.00M | $65.00M | $68.00M | $80.00M | $84.00M |
| QoQ Change | — | +140.0% | +75.0% | +114.3% | -26.7% | -78.8% | >999% | -54.5% | -63.8% | +352.6% | -29.7% | -76.9% | +546.4% | -91.2% | >999% | -45.1% | -42.0% | +4.6% | +17.6% | +5.0% |
| YoY Change | — | — | — | — | +560.0% | -41.7% | +266.7% | -22.2% | -61.6% | +719.0% | -47.6% | -73.3% | +376.3% | -90.7% | +68.6% | +300.0% | -64.1% | +325.0% | -60.8% | -25.0% |