Murphy Oil MUR Unsuccessful exploration well costs and previously suspended exploration costs
Unsuccessful exploration well costs and previously suspended exploration costs at other companies
Other financials
Where this comes from
Reported directly by Murphy Oil in its filing.
Tagged under the XBRL concept mur:UnsuccessfulExplorationWellCostsAndPreviouslySuspendedExplorationCostsCredit.
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 unsuccessful exploration well costs and previously suspended exploration costs?
- Murphy Oil (MUR) reported unsuccessful exploration well costs and previously suspended exploration costs of $67.04M in Q1 2026.
- How has Murphy Oil's unsuccessful exploration well costs and previously suspended exploration costs changed year-over-year?
- Murphy Oil's unsuccessful exploration well costs and previously suspended exploration costs increased by 35185.8% year-over-year, from $190K to $67.04M.
- What is the long-term trend for Murphy Oil's unsuccessful exploration well costs and previously suspended exploration costs?
- Over 3 years (2022 to 2025), Murphy Oil's unsuccessful exploration well costs and previously suspended exploration costs has grown at a -28.4% compound annual growth rate (CAGR), from $82.09M to $30.1M.
- What does unsuccessful exploration well costs and previously suspended exploration costs mean?
- This represents the non-cash expense associated with drilling exploration wells that did not result in commercially viable reserves. It reflects the inherent geological risk in exploration and production activities and is added back to net income as it does not represent a cash outflow in the current period.