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Exploration and Evaluation Assets | 12 Months Ended
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Dec. 31, 2024
Exploration For And Evaluation Of Mineral Resources [Abstract] |
Exploration and Evaluation Assets | Exploration and Evaluation Assets
| Exploration and Production | Oil Sands Mining and Upgrading | Total
| North America | North Sea | Offshore Africa |  |
Cost |  |  |  |  |
At December 31, 2022 | $ | 2,026 |  | $ | — |  | $ | 98 |  | $ | 102 |  | $ | 2,226 |
Additions/Acquisitions | 45 |  | — |  | 3 |  | — |  | 48 |
Transfers to property, plant and equipment | (38) |  | — |  | — |  | (25) |  | (63) |
Derecognitions and other | (2) |  | — |  | — |  | — |  | (2) |
Foreign exchange adjustments | — |  | — |  | (1) |  | — |  | (1) |
At December 31, 2023 | 2,031 |  | — |  | 100 |  | 77 |  | 2,208 |
Additions, net | 102 |  | — |  | 6 |  | — |  | 108 |
Acquisition of Chevron's assets (note 7) | 320 |  | — |  | — |  | — |  | 320 |
Transfers to property, plant and equipment | (45) |  | — |  | — |  | (7) |  | (52) |
Derecognitions and other (1) | — |  | — |  | (62) |  | — |  | (62) |
Foreign exchange adjustments | — |  | — |  | 4 |  | — |  | 4 |
At December 31, 2024 | $ | 2,408 |  | $ | — |  | $ | 48 |  | $ | 70 |  | $ | 2,526 |
(1)In connection with the Company's notice of withdrawal from Block 11B/12B in South Africa in 2024, the Company derecognized $62 million of exploration and evaluation assets through depletion, depreciation and amortization expense. In December 2024, the Company completed the acquisition of Chevron Canada Limited's ("Chevron") assets in the North America Exploration and Production and Oil Sands Mining and Upgrading segments, including exploration and evaluation assets of $320 million. Refer to note 7 for further details on the acquisition.

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- Definition The entire disclosure for exploration and evaluation assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 6 -IssueDate 2024-01-01 -Section Disclosure -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=6&code=ifrs-tx-2024-en-r&doctype=Standard&dita_xref=IFRS06_g23-25_TI -URIDate 2024-03-27 + Details
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