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Capitalized Exploratory Well Costs (Tables)
3 Months Ended
Mar. 31, 2015
Capitalized Exploratory Well Costs [Abstract]  
Net Changes in Capitalized Exploratory Well Costs

The following table discloses the net changes in capitalized exploratory well costs pending determination of proved reserves for the three months ended March 31, 2015 (in millions):

 

Balance at January 1

 

$

1,416

 

Additions to capitalized exploratory well costs pending the determination of proved reserves

 

 

160

 

Reclassifications to wells, facilities and equipment based on the determination of proved reserves

 

 

(70

)

Capitalized exploratory well costs charged to expense

 

 

(120

)

Balance at March 31, 2015

 

$

1,386