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Exploratory Costs (Tables)
9 Months Ended
Sep. 30, 2016
Exploratory Cost Disclosure [Abstract]  
Capitalized exploratory well and project activity
The following table reflects the Company's capitalized exploratory well and project activity during the three and nine months ended September 30, 2016:
 
Three Months Ended September 30, 2016
 
Nine Months Ended September 30, 2016
 
(in millions)
Beginning capitalized exploratory costs
$
357

 
$
306

Additions to exploratory costs pending the determination of proved reserves
328

 
991

Reclassification due to determination of proved reserves
(286
)
 
(898
)
Exploratory well costs charged to exploration expense
(1
)
 
(1
)
Ending capitalized exploratory costs
$
398

 
$
398


Capitalized Exploratory Costs And The Number Of Projects For Which Exploratory Costs Have Been Capitalized
The following table provides an aging, as of September 30, 2016 and December 31, 2015 of capitalized exploratory costs and the number of projects for which exploratory well costs have been capitalized for a period greater than one year, based on the date drilling was completed:
 
September 30, 2016
 
December 31, 2015
 
(in millions, except well counts)
Capitalized exploratory well costs that have been suspended:
 
 
 
One year or less
$
396

 
$
303

More than one year
2

 
3

 
$
398

 
$
306

Number of wells or projects with exploratory well costs that have been suspended for a period greater than one year
1

 
1