Discontinued — last reported Q4 '25
Exploration Abandonment and Impairment
Permian Resources Exploration Abandonment and Impairment remained flat by 0.0% to $2M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 19.4%, from $2.48M to $2M. Over 4 years (FY 2021 to FY 2025), Exploration Abandonment and Impairment shows a downward trend with a -29.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
High levels suggest poor exploration success or declining asset values, indicating potential risks to future production.
Detailed definition
This metric captures the costs associated with the abandonment of unproductive wells and the impairment of asset values...
Peer comparison
Varies significantly based on exploration risk appetite and commodity price cycles compared to peers.
cop_exploration_abandonment_impairmentHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $32.51M | $3.88M | $6.68M | $9.91M | $7.99M |
| YoY Change | — | -88.1% | +72.4% | +48.4% | -19.4% |
Exploration Abandonment and Impairment at Other Companies
Frequently Asked Questions
- What is Permian Resources's exploration abandonment and impairment?
- Permian Resources (PR) reported exploration abandonment and impairment of $2M in Q4 2025.
- How has Permian Resources's exploration abandonment and impairment changed year-over-year?
- Permian Resources's exploration abandonment and impairment decreased by 19.4% year-over-year, from $2.48M to $2M.
- What is the long-term trend for Permian Resources's exploration abandonment and impairment?
- Over 4 years (2021 to 2025), Permian Resources's exploration abandonment and impairment has grown at a -29.6% compound annual growth rate (CAGR), from $32.51M to $7.99M.
- What does exploration abandonment and impairment mean?
- Costs related to writing off unsuccessful projects or devalued oil and gas properties.