CNOOC (CEO) Exploration Expense (USD Mil) : 0.00 (As of . 20)

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What is CNOOC Exploration Expense (USD Mil)?

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill.

CNOOC's Exploration Expense (USD Mil) for the annual that ended in Dec. 2023 was 1,938.07 , which lower from pervious year (Dec. 2022)'s result by 7.23%.

The historical rank and industry rank for CNOOC's Exploration Expense (USD Mil) or its related term are showing as below:

CEO's Exploration Expense (USD Mil) is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Exploration Expense (USD Mil) only.

CNOOC Exploration Expense (USD Mil) Historical Data

The historical data trend for CNOOC's Exploration 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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CNOOC Exploration Expense (USD Mil) Chart

CNOOC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Exploration Expense (USD Mil)

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Competitive Comparison of CNOOC's Exploration Expense (USD Mil)

For the Oil & Gas E&P subindustry, CNOOC's Exploration Expense (USD Mil), along with its competitors' market caps and Exploration Expense (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CNOOC (NYSE:CEO) Exploration Expense (USD Mil) Explanation

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill. It includes costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells.

Exploration expenses (including prospecting) related to oil and gas producing entities would be included in the operating expenses of the company that entity.

CNOOC Exploration Expense (USD Mil) Related Terms

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CNOOC (CEO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CNOOC Ltd (NYSE:CEO) » Definitions » Exploration Expense (USD Mil)

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00883:Hong Kong NC2B:Germany 600938:China

Address

1 Garden Road, 65th Floor, Bank of China Tower, Hong Kong, HKG, 999077

Website

https://www.cnoocltd.com

CNOOC is China's main offshore oil and gas exploration and production company. Through its parent company, it has exclusive rights to partner with foreign companies in offshore China projects. Production for 2022 averaged 1.71 million barrels of oil equivalent per day (78.5% oil), and year-end proven reserves were 6.24 billion barrels of oil equivalent, or boe, (73.8% oil). Assets outside China make up around 30.6% of production.