GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vermilion Energy Inc (TSX:VET) » Definitions » Dry Hole Expense (USD Mil)

Vermilion Energy (TSX:VET) Dry Hole Expense (USD Mil) : 0.00 (As of . 20)


View and export this data going back to 1996. Start your Free Trial

What is Vermilion Energy 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 Vermilion Energy's Dry Hole Expense (USD Mil) or its related term are showing as below:

TSX:VET'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.

Vermilion Energy Dry Hole Expense (USD Mil) Historical Data

The historical data trend for Vermilion Energy'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.

* Premium members only.

Vermilion Energy Dry Hole Expense (USD Mil) Chart


Vermilion Energy  (TSX:VET) 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.

Vermilion Energy Dry Hole Expense (USD Mil) Related Terms

Thank you for viewing the detailed overview of Vermilion Energy's Dry Hole Expense (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.

Vermilion Energy (TSX:VET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vermilion Energy Inc (TSX:VET) » Definitions » Dry Hole Expense (USD Mil)
Comparable Companies
TSX:NVA TSX:PXT TSX:ATH TSX:PEY TSX:IPCO TSX:FRU TSX:TVE TSX:HWX TSX:AAV TSX:BIR COP HKSE:00883 TSX:CNQ EOG PXD OXY HES MIC:NVTK FANG ASX:WDS
Traded in Other Exchanges
VET:USA CVZ:Germany CVZ:Germany
Address
520 - 3rd Avenue SW, Suite 3500, Calgary, AB, CAN, T2P 0R3
Website
https://www.vermilionenergy.com
Vermilion Energy Inc is an international oil and gas-producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well-completion techniques to keep production at attractive levels. It derives a majority of its revenue from Canada.