Exploratory Well Projects (> 1 Year)
OtherChevron Exploratory Well Projects (> 1 Year) decreased by 2.7% to $73.00 in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.7%, from $75.00 to $73.00. Over 5 years (FY 2020 to FY 2025), Exploratory Well Projects (> 1 Year) shows a downward trend with a -3.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may signal potential project delays or complex, long-term exploration efforts, while a decrease suggests successful project conversion or impairment.
Detailed definition
Represents the number of exploratory oil and gas projects where capitalized costs have been held on the balance sheet fo...
Peer comparison
Energy companies use this to demonstrate the efficiency of their project lifecycle management and capital turnover.
exploratory_well_projects_gt_1yHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $83.00 | $71.00 | $71.00 | $75.00 | $73.00 |
| QoQ Change | — | -14.5% | +0.0% | +5.6% | -2.7% |
| YoY Change | — | -14.5% | +0.0% | +5.6% | -2.7% |
Exploratory Well Projects (> 1 Year) at Other Companies
Frequently Asked Questions
- What is Chevron's exploratory well projects (> 1 year)?
- Chevron (CVX) reported exploratory well projects (> 1 year) of $73.00 in Q4 2025.
- How has Chevron's exploratory well projects (> 1 year) changed year-over-year?
- Chevron's exploratory well projects (> 1 year) decreased by 2.7% year-over-year, from $75.00 to $73.00.
- What is the long-term trend for Chevron's exploratory well projects (> 1 year)?
- Over 5 years (2020 to 2025), Chevron's exploratory well projects (> 1 year) has grown at a -3.9% compound annual growth rate (CAGR), from $89.00 to $73.00.
- What does exploratory well projects (> 1 year) mean?
- The number of exploratory drilling projects that have remained on the books for more than one year.