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APA Corporation APA Egypt — Accretion expense
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Where this comes from
Reported directly by APA Corporation in its filing.
Tagged under the XBRL concept us-gaap:AssetRetirementObligationAccretionExpense.
The source filing: APA Corporation’s 10-Q, filed May 7, 2026.
- Filed
- May 7, 2026, 2:29 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001841666-26-000034
| For the Quarter Ended March 31, 2026 | U.S. / (In millions) | Egypt(1)(3) / (In millions) | North Sea / (In millions) | Intersegment Eliminations& Other(2) / (In millions) | Total(3) / (In millions) |
|---|---|---|---|---|---|
| Taxes other than income(4) | 57 | — | — | — | 57 |
| Exploration(5) | 3 | 19 | 1 | 3 | 26 |
| Depreciation, depletion, and amortization(5) | 342 | 151 | 60 | — | 553 |
| Asset retirement obligation accretion | 11 | — | 31 | — | 42 |
| 726 | 288 | 189 | 3 | 1,206 | |
| Operating Income (Loss) | $519 | $521 | $18 | $(3) | 1,055 |
| Other Income (Expense): | |||||
| Unrealized losses on derivative instruments | (47) |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is APA Corporation's egypt — accretion expense?
- APA Corporation (APA) reported egypt — accretion expense of $0 in Q1 2026.
- What does egypt — accretion expense mean?
- The periodic increase in the carrying amount of an asset retirement obligation (ARO) due to the passage of time. This reflects the present value adjustment for future costs associated with plugging and abandoning wells in Egypt.
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