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APA Corporation APA North Sea — Lease operating expenses
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Where this comes from
Reported directly by APA Corporation in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseExpense.
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) |
|---|---|---|---|---|---|
| Realized losses on commodity derivative instruments | (66) | — | — | — | (66) |
| 1,245 | 809 | 207 | — | 2,261 | |
| Operating Expenses: | |||||
| Lease operating expenses(4) | 170 | 110 | 82 | — | 362 |
| Gathering, processing, and transmission(4) | 68 | 8 | 15 | — | 91 |
| Purchased oil and gas costs | 75 | — | — | — | 75 |
| Taxes other than income(4) | 57 | — | — | — | 57 |
| Exploration(5) | 3 | 19 | 1 | 3 | 26 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is APA Corporation's north sea — lease operating expenses?
- APA Corporation (APA) reported north sea — lease operating expenses of $82M in Q1 2026.
- How has APA Corporation's north sea — lease operating expenses changed year-over-year?
- APA Corporation's north sea — lease operating expenses decreased by 15.5% year-over-year, from $97M to $82M.
- What is the long-term trend for APA Corporation's north sea — lease operating expenses?
- Over 4 years (2021 to 2025), APA Corporation's north sea — lease operating expenses has grown at a -3.4% compound annual growth rate (CAGR), from $383M to $333M.
- What does north sea — lease operating expenses mean?
- The direct costs associated with operating and maintaining oil and gas wells and related equipment in the North Sea. This includes expenses such as labor, repairs, maintenance, and power required to keep production flowing.
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