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Murphy Oil MUR United States — 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 united states — development costs?
- Murphy Oil (MUR) reported united states — development costs of $174.05M in Q4 2025.
- How has Murphy Oil's united states — development costs changed year-over-year?
- Murphy Oil's united states — development costs increased by 16.3% year-over-year, from $149.68M to $174.05M.
- What is the long-term trend for Murphy Oil's united states — development costs?
- Over 4 years (2021 to 2025), Murphy Oil's united states — development costs has grown at a 7.9% compound annual growth rate (CAGR), from $513.2M to $696.2M.
- What does united states — development costs mean?
- Refers to the costs incurred to obtain access to proved reserves and to provide facilities for extracting, treating, gathering, and storing oil and gas. This metric measures the capital intensity required to bring discovered resources into active production.
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