Oil and Gas, Capitalized Exploratory Well Cost, Reclassification Based on Determination of Proved Reserve
Devon Energy Oil and Gas, Capitalized Exploratory Well Cost, Reclassification Based on Determination of Proved Reserve remained flat by 0.0% to $156.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 20.9%, from $129.00M to $156.00M. Over 4 years (FY 2021 to FY 2025), Oil and Gas, Capitalized Exploratory Well Cost, Reclassification Based on Determination of Proved Reserve shows an upward trend with a 34.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher values indicate successful conversion of exploration projects into productive, revenue-generating assets.
Detailed definition
The transfer of costs from exploratory well status to property, plant, and equipment once a well is confirmed to contain...
Peer comparison
Standard accounting transition for successful exploration projects in the energy sector.
other_reclassification_to_well_facilities_and_equipment__c15e6dHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $190.00M | $401.00M | $511.00M | $516.00M | $624.00M |
| YoY Change | — | +111.1% | +27.4% | +1.0% | +20.9% |
Oil and Gas, Capitalized Exploratory Well Cost, Reclassification Based on Determination of Proved Reserve at Other Companies
Frequently Asked Questions
- What is Devon Energy's oil and gas, capitalized exploratory well cost, reclassification based on determination of proved reserve?
- Devon Energy (DVN) reported oil and gas, capitalized exploratory well cost, reclassification based on determination of proved reserve of $156.00M in Q4 2025.
- How has Devon Energy's oil and gas, capitalized exploratory well cost, reclassification based on determination of proved reserve changed year-over-year?
- Devon Energy's oil and gas, capitalized exploratory well cost, reclassification based on determination of proved reserve increased by 20.9% year-over-year, from $129.00M to $156.00M.
- What is the long-term trend for Devon Energy's oil and gas, capitalized exploratory well cost, reclassification based on determination of proved reserve?
- Over 4 years (2021 to 2025), Devon Energy's oil and gas, capitalized exploratory well cost, reclassification based on determination of proved reserve has grown at a 34.6% compound annual growth rate (CAGR), from $190.00M to $624.00M.
- What does oil and gas, capitalized exploratory well cost, reclassification based on determination of proved reserve mean?
- The value of exploratory wells moved to productive assets after proving reserves.