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Accounting for Suspended Exploratory Wells | 9 Months Ended
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Sep. 30, 2020
Accounting for Suspended Exploratory Wells [Abstract] |
Accounting for Suspended Exploratory Wells | Accounting for Suspended Exploratory WellsThe capitalized cost of suspended wells at September 30, 2020, was $2.5 billion, a net decrease of $574 million from year-end 2019. The decrease was primarily due to well write-offs recorded in second quarter 2020. During the nine months ended September 30, 2020, $496 million of exploratory well costs previously capitalized for greater than one year at December 31, 2019, were charged to expense.

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- Definition Accounting for suspended exploratory wells. + References No definition available. + Details
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- Definition The entire disclosure for parts or all of the information related to suspended well costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=68064819&loc=SL6806780-109447 + Details
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