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Murphy Oil MUR Canada — Development costs
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Where this comes from
Reported directly by Murphy Oil in its filing.
Tagged under the XBRL concept us-gaap:CostsIncurredDevelopmentCosts.
The source filing: Murphy Oil’s 10-K, filed February 25, 2026.
- Filed
- Feb 25, 2026, 4:30 PM EST
- Fiscal year
- FY2025
- Accession
- 0001628280-26-011709
| (Millions of dollars) / Year ended December 31, 2025 | United States | Canada | Other | Total |
|---|---|---|---|---|
| Proved | 23.6 | — | — | 23.6 |
| Total acquisition costs | 29.1 | — | — | 29.1 |
| Exploration costs | 71.6 | 0.3 | 144.3 | 216.2 |
| Development costs | 696.2 | 152.5 | 102.9 | 951.6 |
| Total costs incurred | 796.9 | 152.8 | 247.2 | 1,196.9 |
| Charged to expense | ||||
| Dry hole expense | (0.9) | — | 31.0 | 30.1 |
| Geophysical and other costs | 34.3 | 0.3 | 35.3 | 69.9 |
Item 16. FORM 10-K SUMMARY
FAQ
- What is Murphy Oil's canada — development costs?
- Murphy Oil (MUR) reported canada — development costs of $38.13M in Q4 2025.
- How has Murphy Oil's canada — development costs changed year-over-year?
- Murphy Oil's canada — development costs increased by 10.7% year-over-year, from $34.43M to $38.13M.
- What is the long-term trend for Murphy Oil's canada — development costs?
- Over 4 years (2021 to 2025), Murphy Oil's canada — development costs has grown at a 10.5% compound annual growth rate (CAGR), from $102.4M to $152.5M.
- What does canada — development costs mean?
- The capital investments made in the Canadian segment to bring proved reserves into production, such as drilling development wells and installing production facilities. This is a critical measure of the capital intensity required to maintain or grow regional production volumes.
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