Vaalco Energy EGY Exploration
Discontinued — last reported Q1 '26
Exploration at other companies
Segments
By segment
Other financials
Where this comes from
Reported directly by Vaalco Energy in its filing.
Tagged under the XBRL concept us-gaap:ResultsOfOperationsExplorationExpense.
The official record: Vaalco Energy’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Vaalco Energy's exploration?
- Vaalco Energy (EGY) reported exploration of $22.39M in Q1 2026.
- What is the long-term trend for Vaalco Energy's exploration?
- Over 2 years (2021 to 2025), Vaalco Energy's exploration has grown at a 137.6% compound annual growth rate (CAGR), from $1.58M to $8.91M.
- What does exploration mean?
- This metric captures the costs associated with searching for new oil and gas reserves, including geological and geophysical studies and exploratory drilling. These expenses are critical for long-term growth but represent a high-risk investment of capital. Investors analyze this to understand the company's commitment to replenishing its reserve base.