Screener
ConocoPhillips COP Capitalized Exploratory Well Costs
Discontinued — last reported Q4 '25
Capitalized Exploratory Well Costs at other companies
Segments
By segment
Other financials
Where this comes from
Reported directly by ConocoPhillips in its filing.
Tagged under the XBRL concept us-gaap:CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess.
The source filing: ConocoPhillips’s 10-K, filed February 17, 2026.
- Filed
- Feb 17, 2026, 11:32 AM EST
- Fiscal year
- FY2025
- Accession
- 0001163165-26-000009
| Line item | Millions of Dollars / 2025 | Millions of Dollars / 2024 | Millions of Dollars / 2023 |
|---|---|---|---|
| Exploratory well costs capitalized for a period of one year or less | $110 | 33 | — |
| Exploratory well costs capitalized for a period greater than one year | 133 | 163 | 184 |
| Ending balance | $243 | 196 | 184 |
| Number of projects with exploratory well costs capitalized for a period greater than one year | 13 | 13 | 14 |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is ConocoPhillips's capitalized exploratory well costs?
- ConocoPhillips (COP) reported capitalized exploratory well costs of $110M in Q4 2025.
- How has ConocoPhillips's capitalized exploratory well costs changed year-over-year?
- ConocoPhillips's capitalized exploratory well costs increased by 233.3% year-over-year, from $33M to $110M.
- What is the long-term trend for ConocoPhillips's capitalized exploratory well costs?
- Over 5 years (2020 to 2025), ConocoPhillips's capitalized exploratory well costs has grown at a -6.7% compound annual growth rate (CAGR), from $156M to $110M.
- What does capitalized exploratory well costs mean?
- These are costs incurred for drilling exploratory wells that are capitalized on the balance sheet while the company determines if the wells have discovered proved reserves. If the wells are successful, these costs are reclassified to property, plant, and equipment; if unsuccessful, they are expensed. This is a key indicator of the company's exploration success and capital efficiency.
Ask your AI about ConocoPhillips's capitalized exploratory well costs.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude