{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/740/932/#00-status","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"740","topic_title":"Income Taxes","subtopic":"740-932","subtopic_title":"Extractive Activities—Oil and Gas","section":{"number":"00","label":"00 Status","anchor":"00-status","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"740-932-00-1","para":"00-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following table identifies the changes made to this Subtopic.</div><div class=\"norm-text\"><table class=\"asc-table\" id=\"SL6809363-166188\"><tr><td class=\"entry\"><strong class=\"ph b\">Paragraph</strong></td><td class=\"entry\"><strong class=\"ph b\">Action</strong></td><td class=\"entry\"><strong class=\"ph b\">Accounting Standards Update</strong></td><td class=\"entry\"><strong class=\"ph b\">Date</strong></td></tr><tr><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td></tr><tr><td class=\"entry\"><a href=\"/glossary/e/#exploratory-well\" class=\"term\" title=\"An exploratory well is a well drilled to find a new field or to find a new reservoir in a field previously found to be productive of oil or gas in another reservoir. Generally, an exploratory well is any well that is not a development well, a service well , or a stratigraphic test well.\"><span>Exploratory Well</span></a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2010-03/\" class=\"xref\">Accounting Standards Update No. 2010-03</a></td><td class=\"entry\">01/06/2010</td></tr></table></div></div>","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\nExploratory Well | Amended | Accounting Standards Update No. 2010-03 | 01/06/2010 |","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3a9245b0743ffda0f05f262afdf55d4f9b1ca1636ec1014ef2b9e3d3e8935162","downloaded_from":"2026-09-10T01:19:50.149Z","last_downloaded_at":"2026-09-10T01:19:50.149Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477493","source_sha256":"06b1265bb3146c1f52c0d81ae47714fbe58c03dfb1cbee3bd58f1d6758abaa2f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bce8621782406cb45baf3ac386836adf1e294ba0a44ceb02b00745e76538a358","downloaded_from":"2026-09-10T01:19:50.149Z","last_downloaded_at":"2026-09-10T01:19:50.149Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477493","source_sha256":"06b1265bb3146c1f52c0d81ae47714fbe58c03dfb1cbee3bd58f1d6758abaa2f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2b8299db25e8a27e66abfc7e92ff982c77a5e595fe6f0680d7e77c6ec5b934ee","downloaded_from":"2026-09-10T01:19:50.149Z","last_downloaded_at":"2026-09-10T01:19:50.149Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477493","source_sha256":"06b1265bb3146c1f52c0d81ae47714fbe58c03dfb1cbee3bd58f1d6758abaa2f"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2b8299db25e8a27e66abfc7e92ff982c77a5e595fe6f0680d7e77c6ec5b934ee","downloaded_from":"2026-09-10T01:19:50.149Z","last_downloaded_at":"2026-09-10T01:19:50.149Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477493","source_sha256":"06b1265bb3146c1f52c0d81ae47714fbe58c03dfb1cbee3bd58f1d6758abaa2f"}}