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.
High levels of reclassification indicate successful exploration programs and the conversion of potential resources into tangible assets.
This represents the transfer of costs from exploratory well status to property, plant, and equipment once a well is dete...
Standardized for oil and gas exploration and production companies.
other_reclassification_to_well_facilities_and_equipment__c15e6d| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $0.00 | $7.00M | $285.00M | $2.00M | $0.00 |
| YoY Change | — | — | >999% | -99.3% | -100.0% |