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Murphy Oil MUR Other — Dry hole expense
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Where this comes from
Reported directly by Murphy Oil in its filing.
Tagged under the XBRL concept mur:ResultsOfOperationsDryHoleCostsIncludingDiscontinuedOperations.
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 |
|---|---|---|---|---|
| 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 |
| Total charged to expense 1 | 33.4 | 0.3 | 66.3 | 100.0 |
| Property additions | $763.5 | $152.5 | $180.9 | $1,096.9 |
| Year ended December 31, 2024 |
Item 16. FORM 10-K SUMMARY
FAQ
- What is Murphy Oil's other — dry hole expense?
- Murphy Oil (MUR) reported other — dry hole expense of $7.75M in Q4 2025.
- How has Murphy Oil's other — dry hole expense changed year-over-year?
- Murphy Oil's other — dry hole expense increased by 1247.8% year-over-year, from $575K to $7.75M.
- What does other — dry hole expense mean?
- Reflects the costs associated with drilling exploratory or development wells that do not find commercially viable quantities of hydrocarbons in the 'Other' segment. This is a key risk metric that highlights the financial impact of unsuccessful exploration efforts.
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