Exploratory Well Costs

6 Months Ended

Jun. 30, 2022

Capitalized Exploratory Well Costs [Abstract]

Exploratory Well Costs

Exploratory Well Costs

EOG's net changes in capitalized exploratory well costs for the six-month period ended June 30, 2022, are presented below (in millions):

	Six Months Ended June 30, 2022
Balance at January 1	$	7
Additions Pending the Determination of Proved Reserves	40
Reclassifications to Proved Properties	(12)
Costs Charged to Expense (1)	(19)
Balance at June 30	$	16

(1)Includes capitalized exploratory well costs charged to either dry hole costs or impairments.

At June 30, 2022, all capitalized exploratory well costs had been capitalized for periods of less than one year.