Additions pending the determination of proved reserves
ConocoPhillips Additions pending the determination of proved reserves remained flat by 0.0% to $28.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 253.1%, from $8.00M to $28.25M. Over 4 years (FY 2021 to FY 2025), Additions pending the determination of proved reserves shows an upward trend with a 83.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests active exploration and potential future growth, while a decrease may signal a slowdown in exploration activity.
Detailed definition
These are costs incurred for exploratory drilling that are temporarily capitalized while the company determines if the w...
Peer comparison
Standardized for oil and gas exploration and production companies.
other_capitalized_exploratory_well_cost_additions_pendin_bcdbadHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $10.00M | $5.00M | $0.00 | $32.00M | $113.00M |
| YoY Change | — | -50.0% | -100.0% | — | +253.1% |
Additions pending the determination of proved reserves at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's additions pending the determination of proved reserves?
- ConocoPhillips (COP) reported additions pending the determination of proved reserves of $28.25M in Q4 2025.
- How has ConocoPhillips's additions pending the determination of proved reserves changed year-over-year?
- ConocoPhillips's additions pending the determination of proved reserves increased by 253.1% year-over-year, from $8.00M to $28.25M.
- What is the long-term trend for ConocoPhillips's additions pending the determination of proved reserves?
- Over 4 years (2021 to 2025), ConocoPhillips's additions pending the determination of proved reserves has grown at a 83.3% compound annual growth rate (CAGR), from $10.00M to $113.00M.
- What does additions pending the determination of proved reserves mean?
- Costs of exploratory wells waiting for reserve confirmation.