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Murphy Oil MUR Canada — Exploration expenses, including undeveloped lease amortization
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Where this comes from
Reported directly by Murphy Oil in its filing.
Tagged under the XBRL concept us-gaap:ExplorationExpense.
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
| (Thousands of dollars, except per share amounts) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Lease operating expenses | 143,719 | 215,554 | 287,183 | 420,633 |
| Severance and ad valorem taxes | 14,991 | 10,828 | 28,737 | 19,478 |
| Transportation, gathering and processing | 45,274 | 54,070 | 92,335 | 102,921 |
| Exploration expenses, including undeveloped lease amortization | 39,303 | 10,399 | 122,118 | 24,887 |
| Selling and general expenses | 38,670 | 36,919 | 73,540 | 67,834 |
| Depreciation, depletion and amortization | 262,106 | 259,324 | 516,482 | 453,484 |
| Accretion of asset retirement obligations | 14,870 | 14,432 | 29,384 | 28,477 |
| Other operating expense | 14,706 | 1,833 | 19,147 | 7,462 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Murphy Oil's canada — exploration expenses, including undeveloped lease amortization?
- Murphy Oil (MUR) reported canada — exploration expenses, including undeveloped lease amortization of $0 in Q2 2026.
- What is the long-term trend for Murphy Oil's canada — exploration expenses, including undeveloped lease amortization?
- Over 3 years (2022 to 2025), Murphy Oil's canada — exploration expenses, including undeveloped lease amortization has grown at a -28.6% compound annual growth rate (CAGR), from $1.1M to $400K.
- What does canada — exploration expenses, including undeveloped lease amortization mean?
- Aggregates all costs incurred during the search for new oil and gas reserves, excluding successful development drilling. This metric is a key indicator of the company's commitment to long-term reserve replacement in the region.
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