Exploratory Well Costs

9 Months Ended

Sep. 30, 2022

Capitalized Exploratory Well Costs [Abstract]

Exploratory Well Costs

Exploratory Well Costs

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

	Nine Months Ended September 30, 2022
Balance at January 1	$	7
Additions Pending the Determination of Proved Reserves	93
Reclassifications to Proved Properties	(12)
Costs Charged to Expense (1)	(35)
Balance at September 30	$	53

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

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