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Suspended Wells and Exploration Expenses
3 Months Ended
Mar. 31, 2025
Extractive Industries [Abstract]  
Suspended Wells and Exploration Expenses
Note 7—Suspended Wells and Exploration Expenses
The capitalized cost of suspended wells at March 31, 2025 was $161 million, a decrease of $35 million from December 31, 2024. In the first quarter of 2025, we recognized dry hole expenses of $36 million related to certain previously suspended wells that were capitalized for a period greater than one year in our Asia Pacific segment