XML 42 R24.htm IDEA: XBRL DOCUMENT v3.22.4
Exploratory Well Costs
12 Months Ended
Dec. 31, 2022
Capitalized Exploratory Well Costs [Abstract]  
Exploratory Well Costs Exploratory Well Costs
EOG's net changes in capitalized exploratory well costs for the years ended December 31, 2022, 2021 and 2020 are presented below (in millions):
 202220212020
Balance at January 1$$29 $26 
Additions Pending the Determination of Proved Reserves135 73 108 
Reclassifications to Proved Properties(88)(41)(81)
Costs Charged to Expense (1)
(39)(54)(24)
Balance at December 31$15 $$29 
(1)    Includes capitalized exploratory well costs charged to either dry hole costs or impairments.

 202220212020
Capitalized exploratory well costs that have been capitalized for a period of one year or less$15 $$26 
Capitalized exploratory well costs that have been capitalized for a period greater than one year (1)
— — 
Balance at December 31$15 $$29 
Number of exploratory wells that have been capitalized for a period greater than one year— — 
(1)    Consists of costs related to a project in the United States at December 31, 2020.