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Murphy Oil MUR Other — 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 other — development costs?
- Murphy Oil (MUR) reported other — development costs of $25.73M in Q4 2025.
- How has Murphy Oil's other — development costs changed year-over-year?
- Murphy Oil's other — development costs increased by 128.2% year-over-year, from $11.28M to $25.73M.
- What is the long-term trend for Murphy Oil's other — development costs?
- Over 4 years (2021 to 2025), Murphy Oil's other — development costs has grown at a 129.6% compound annual growth rate (CAGR), from $3.7M to $102.9M.
- What does other — development costs mean?
- Represents the costs incurred to gain access to proved reserves and to provide facilities for extracting, treating, gathering, and storing oil and gas in the 'Other' segment. These expenditures are essential for bringing discovered resources into production and maintaining output levels.
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