Suspended Wells

3 Months Ended

Mar. 31, 2020

Suspended Wells [Abstract]

Suspended Wells

Note 7—Suspended Wells

The capitalized cost of suspended wells at March 31, 2020, was $

990

 million, a decrease of $

30

 million from

$

1,020

 million at year-end 2019. 

One

 suspended well in the Kamunsu East Field offshore Malaysia totaling

$

19

 million was charged to dry hole expense during the first three months of 2020 relating to exploratory well

costs capitalized for a period greater than one year at December 31, 2019. Of the total suspended well balance

at December 31, 2019 and March 31, 2020, $

313

 million relates to wells held for sale. See Note 4—Asset

Acquisitions and Dispositions, for additional information.