GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marathon Petroleum Corp (BSP:M1PC34) » Definitions » Dry Hole Expense (USD Mil)

Marathon Petroleum (BSP:M1PC34) Dry Hole Expense (USD Mil) : 0.00 (As of . 20)


View and export this data going back to 2019. Start your Free Trial

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

BSP:M1PC34'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.

Marathon Petroleum Dry Hole Expense (USD Mil) Historical Data

The historical data trend for Marathon Petroleum'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.

Marathon Petroleum Dry Hole Expense (USD Mil) Chart


Marathon Petroleum  (BSP:M1PC34) 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.

Marathon Petroleum Dry Hole Expense (USD Mil) Related Terms

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

Marathon Petroleum (BSP:M1PC34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marathon Petroleum Corp (BSP:M1PC34) » Definitions » Dry Hole Expense (USD Mil)
Comparable Companies
PSX VLO DINO IEP PBF SUN VVV CVI DKL PARR NSE:RELIANCE OHEL:NESTE TPE:6505 XKAZ:KMGZ NSE:IOC TSE:5020 IST:TUPRS XKRX:096770 BOM:500547 HKSE:00135
Traded in Other Exchanges
MPC:USA MPC:Mexico MPN:Germany MPC:Austria
Address
539 South Main Street, Findlay, OH, USA, 45840-3229
Website
https://www.marathonpetroleum.com
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.

Marathon Petroleum (BSP:M1PC34) Headlines

No Headlines