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Murphy Oil MUR Canada — Dry holes and previously suspended exploration costs
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Where this comes from
Reported directly by Murphy Oil in its filing.
Tagged under the XBRL concept mur:OilAndGasResultOfOperationDryHoleCostCredit.
The source filing: Murphy Oil’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:39 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-053437
| (Millions of dollars) / Three Months Ended June 30, 2026 | Exploration and Production / United States 1 | Exploration and Production / Canada | Exploration and Production / Other | Exploration and Production / Total E&P | Corporate and Discontinued Operations | Consolidated Total |
|---|---|---|---|---|---|---|
| Selling and general expenses | 7.6 | 7.0 | 2.7 | 17.3 | 21.4 | 38.7 |
| Exploration Expenses | ||||||
| Geological and geophysical | 10.2 | — | 1.0 | 11.2 | — | 11.2 |
| Dry holes and previously suspended exploration costs | (0.4) | — | 13.9 | 13.5 | — | 13.5 |
| Other exploratory costs, including undeveloped lease amortization and delay lease rentals | 5.0 | — | 9.6 | 14.6 | — | 14.6 |
| Total exploration expenses | 14.8 | — | 24.5 | 39.3 | — | 39.3 |
| Depreciation, depletion and amortization | 220.5 | 39.2 | — | 259.7 | 2.4 | 262.1 |
| Accretion of asset retirement obligations | 11.9 | 2.7 | 0.2 | 14.8 | 0.1 | 14.9 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Murphy Oil's canada — dry holes and previously suspended exploration costs?
- Murphy Oil (MUR) reported canada — dry holes and previously suspended exploration costs of $0 in Q2 2026.
- What does canada — dry holes and previously suspended exploration costs mean?
- Represents the costs associated with unsuccessful exploratory wells that were determined to be non-productive. This metric reflects the financial impact of exploration risk within the specific geographic segment.
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