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Concho Resources (FRA:KIJ) Dry Hole Expense (USD Mil) : 0.00 (As of . 20)


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What is Concho Resources Dry Hole Expense (USD Mil)?

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well.

The historical rank and industry rank for Concho Resources's Dry Hole Expense (USD Mil) or its related term are showing as below:

FRA:KIJ's Dry Hole Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Dry Hole Expense (USD Mil) only.

Concho Resources Dry Hole Expense (USD Mil) Historical Data

The historical data trend for Concho Resources's Dry Hole Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Concho Resources Dry Hole Expense (USD Mil) Chart


Concho Resources  (FRA:KIJ) Dry Hole Expense (USD Mil) Explanation

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well. It includes all costs including drilling the well and testing for the presence of hydrocarbons,as well as the costs for leasing land, seismic purchase and reprocessing.

Concho Resources Dry Hole Expense (USD Mil) Related Terms

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Concho Resources (FRA:KIJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Concho Resources Inc (FRA:KIJ) » Definitions » Dry Hole Expense (USD Mil)
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Traded in Other Exchanges
N/A
Address
600 West Illinois Avenue, One Concho Center, Midland, TX, USA, 79701
Website
https://www.concho.com
Concho Resources is an independent oil and natural gas company with operations primarily in the Permian Basin of western Texas and southeastern New Mexico. At the end of 2019, it reported proved reserves of 1.0 billion barrels of oil equivalent. Net production averaged about 331 thousand boe per day in 2018, of which 63% was oil (with natural gas and natural gas liquids making up the remainder).

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