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Exploration for evaluation of oil&gas resources (Tables)
12 Months Ended
Dec. 31, 2020
Exploration for evaluation of oil&gas resources  
Schedule of information about exploration for evaluation of oil&gas resources

 

 

 

 

 

 

 

(€ million)

    

2020

    

2019

    

2018

Revenues related to exploration activity and evaluation

 

 

 

34

 

17

Exploration activity and evaluation costs:

 

  

 

  

 

  

- write-off of exploration and evaluation costs

 

314

 

214

 

93

- costs of geological and geophysical studies

 

196

 

275

 

287

Exploration expense for the year

 

510

 

489

 

380

Intangible assets: proved and unproved exploration licence and leasehold property acquisition costs

 

888

 

1,031

 

1,081

Tangible assets: capitalized exploration and evaluation costs

 

1,341

 

1,563

 

1,267

Total tangible and intangible assets

 

2,229

 

2,594

 

2,348

Provision for decommissioning related to exploration activity and evaluation

 

93

 

109

 

77

Exploration expenditure (net cash used in investing activivties)

 

283

 

586

 

463

Geological and geophysical costs (cash flow from operating activities)

 

196

 

275

 

287

Total exploration effort

 

479

 

861

 

750