XML 95 R61.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Accounting for Suspended Exploratory Wells (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Accounting for Suspended Exploratory Wells [Abstract] |
Schedule of Changes in Company's Suspended Exploratory Well Costs | The following table indicates the changes to the company’s suspended exploratory well costs for the three years ended December 31, 2024:
| 2024 | 2023 | 2022
Beginning balance at January 1 | $ | 1,648 |  | $ | 1,627 |  | $ | 2,109 |
Additions to capitalized exploratory well costs pending the determination of proved reserves | 14 |  | 88 |  | 72 |
Reclassifications to wells, facilities and equipment based on the determination of proved reserves | — |  | — |  | (481) |
Capitalized exploratory well costs charged to expense | — | (67) |  | (73) |
Ending balance at December 31 | $ | 1,662 |  | $ | 1,648 |  | $ | 1,627 |
Schedule of Aging of Capitalized Well Costs and Number of Project | The following table provides an aging of capitalized well costs and the number of projects for which exploratory well costs have been capitalized for a period greater than one year since the completion of drilling:
| At December 31
| 2024 | 2023 | 2022
Exploratory well costs capitalized for a period of one year or less | $ | 17 |  | $ | 78 |  | $ | 73 |
Exploratory well costs capitalized for a period greater than one year | 1,645 |  | 1,570 |  | 1,554 |
Balance at December 31 | $ | 1,662 |  | $ | 1,648 |  | $ | 1,627 |
Number of projects with exploratory well costs that have been capitalized for a period greater than one year* | 14 |  | 13 |  | 12 |
*Certain projects have multiple wells or fields or both.
Schedule of Aging of Costs on Well and Project Basis | The $1,645 of suspended well costs capitalized for a period greater than one year as of December 31, 2024, represents 75 exploratory wells in 14 projects. The tables below contain the aging of these costs on a well and project basis:
Aging based on drilling completion date of individual wells: | Amount |  |  | Number of wells
2000-2009 | $ | 263 |  |  |  | 14 |
2010-2014 | 1,122 |  |  |  | 49 |
2015-2023 | 260 |  |  |  | 12 |
Total | $ | 1,645 |  |  |  | 75 |
Aging based on drilling completion date of last suspended well in project: | Amount |  |  | Number of projects
2008-2012 | $ | 292 |  |  |  | 2 |
2013-2016 | 1,082 |  |  |  | 6 |
2017-2024 | 271 |  |  |  | 6 |
Total | $ | 1,645 |  |  |  | 14 |

X
- Definition Accounting for suspended exploratory wells. + References No definition available. + Details
Name: | cvx_AccountingForSuspendedExploratoryWellsAbstract
Namespace Prefix: | cvx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Aging costs on well and project basis. + References No definition available. + Details
Name: | cvx_AgingCostsOnWellAndProjectBasisTableTextBlock
Namespace Prefix: | cvx_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Suspended well costs disclosure. + References No definition available. + Details
Name: | cvx_SuspendedWellCostsDisclosureTableTextBlock
Namespace Prefix: | cvx_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging for exploratory well cost capitalized for period of greater than one year after completion of drilling and number of related projects in oil- and gas-producing activities. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 932 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477215/932-235-50-1B + Details
Name: | us-gaap_ScheduleOfAgingOfCapitalizedExploratoryWellCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration