Capitalized Exploratory Well Costs (Tables)

12 Months Ended

Dec. 31, 2022

Summary of changes in capitalized well costs

A summary of the changes in our capitalized exploratory well costs for the periods presented is detailed below. Additions pending the determination of proved reserves excludes amounts capitalized and subsequently charged to expense within the same year.


	Successor				Predecessor
	Year Ended December 31, 2022		Period from February 10, 2021 through December 31, 2021		Period from January 1, 2021 through February 9, 2021		Year Ended December 31, 2020
Balance, beginning of period	$	14	$	—	$	—	$	7
Additions pending the determination of proved reserves	1		24		—		—
Divestitures and other	—		—		—		—
Reclassifications to proved properties	—		(10)		—		—
Charges to exploration expense	(5)		—		—		(7)
Balance, end of period(a)	$	10	$	14	$	—	$	—

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(a)Our capitalized exploratory well costs balance as of December 31, 2022, consisted of one project for which we had suspended exploratory well costs capitalized for a period greater than one year. As of December 31, 2022, we are currently evaluating the project.