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Property, Plant and Equipment (Tables)
9 Months Ended
Sep. 30, 2015
Property, Plant And Equipment [Abstract]  
Schedule of Recognized Impairments

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months and Nine Months Ended

 

 

September 30, 2015

 

(Thousands of dollars)

 

Impairment
Expense

 

Net of Taxes

 

Gulf of Mexico

$

144,800 

 

94,120 

 

Western Canada – Heavy Oil

 

683,574 

 

495,591 

 

Malaysia

 

1,472,600 

 

946,773 

 

 

$

2,300,974 

 

1,536,484 

 

 

Net Changes in Capitalized Exploratory Well Costs

 

 

 

 

 

 

 

 

 

 

 

 

(Thousands of dollars)

2015

 

 

2014

Beginning balance at January 1

$

120,455 

 

 

393,030 

Additions pending the determination of proved reserves

 

89,197 

 

 

13,595 

Balance at September 30

$

209,652 

 

 

406,625 

 

Aging of Capitalized Exploratory Well Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

2015

 

2014

(Thousands of dollars)

Amount

 

No. of Wells

 

No. of Projects

 

Amount

 

No. of Wells

 

No. of Projects

Aging of capitalized well costs:

 

 

 

 

 

 

 

 

 

 

 

 

 

Zero to one year

$

52,249 

 

 

 

$

32,192 

 

 

One to two years

 

32,192 

 

 

 

 

36,676 

 

 

Two to three years

 

27,842 

 

 

– 

 

 

51,898 

 

 

– 

Three years or more

 

97,369 

 

 

 

 

285,859 

 

22 

 

 

$

209,652 

 

13 

 

 

$

406,625 

 

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