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Riley Exploration Permian REPX Business Segments — Exploration costs
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Where this comes from
Reported directly by Riley Exploration Permian in its filing.
Tagged under the XBRL concept us-gaap:ExplorationExpense.
The source filing: Riley Exploration Permian’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:37 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001001614-26-000051
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Costs and Expenses: | ||||
| Lease operating expenses | 29,433 | 18,880 | 53,504 | 37,211 |
| Production and ad valorem taxes | 11,430 | 6,126 | 20,462 | 12,796 |
| Exploration costs | 466 | 47 | 1,433 | 56 |
| Depletion, depreciation, amortization and accretion | 24,651 | 19,563 | 50,371 | 38,701 |
| Impairment of oil and natural gas properties | — | 1,214 | — | 1,214 |
| General and administrative: | ||||
| Administrative costs | 8,720 | 6,199 | 16,840 | 13,637 |
Item 1. Financial Statements
FAQ
- What is Riley Exploration Permian's business segments — exploration costs?
- Riley Exploration Permian (REPX) reported business segments — exploration costs of $466K in Q2 2026.
- How has Riley Exploration Permian's business segments — exploration costs changed year-over-year?
- Riley Exploration Permian's business segments — exploration costs increased by 891.5% year-over-year, from $47K to $466K.
- What is the long-term trend for Riley Exploration Permian's business segments — exploration costs?
- Over 2 years (2023 to 2025), Riley Exploration Permian's business segments — exploration costs has grown at a -70.6% compound annual growth rate (CAGR), from $4.17M to $361K.
- What does business segments — exploration costs mean?
- Captures the expenditures associated with searching for new oil and natural gas reserves, including geological and geophysical studies. These costs are vital for assessing the company's long-term growth strategy and its commitment to replacing depleted reserves. High exploration spending indicates an active effort to expand the asset base, though it carries inherent risk.
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