Discontinued — last reported Q3 '20
An increase may indicate higher capital investment in new assets or a faster depletion rate of existing reserves, while a decrease may suggest lower capital intensity or a change in reserve valuation estimates.
This metric represents the non-cash expense allocated to the upstream exploration and production segment to account for...
Peers in the exploration and production sector typically report this as a significant portion of operating expenses, often correlated with the scale of proved reserves and recent capital expenditure levels.
fang_segment_upstream_depreciation_depletion_and_amortization