Exploration and Evaluation Assets (Tables)

12 Months Ended

Dec. 31, 2024

Exploration For And Evaluation Of Mineral Resources [Abstract]

Detailed Information about 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.