Murphy Oil MUR Other — 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 us-gaap:ResultsOfOperationsDryHoleCosts.
The official record: Murphy Oil’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Murphy Oil's other — dry holes and previously suspended exploration costs?
- Murphy Oil (MUR) reported other — dry holes and previously suspended exploration costs of $67.1M in Q1 2026.
- What is the long-term trend for Murphy Oil's other — dry holes and previously suspended exploration costs?
- Over 3 years (2022 to 2025), Murphy Oil's other — dry holes and previously suspended exploration costs has grown at a -19.4% compound annual growth rate (CAGR), from $59.1M to $31M.
- What does other — dry holes and previously suspended exploration costs mean?
- Represents the costs associated with exploratory wells that failed to find commercially viable quantities of hydrocarbons. This metric reflects the financial risk and capital inefficiency inherent in the company's exploration activities within the specified segment.