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APA Corporation APA U.S. — Exploration
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Where this comes from
Reported directly by APA Corporation in its filing.
Tagged under the XBRL concept us-gaap:ExplorationExpense.
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) |
|---|---|---|---|---|---|
| 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 |
| 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 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is APA Corporation's U.S. — exploration?
- APA Corporation (APA) reported U.S. — exploration of $3M in Q1 2026.
- How has APA Corporation's U.S. — exploration changed year-over-year?
- APA Corporation's U.S. — exploration increased by 50.0% year-over-year, from $2M to $3M.
- What is the long-term trend for APA Corporation's U.S. — exploration?
- Over 4 years (2021 to 2025), APA Corporation's U.S. — exploration has grown at a -24.7% compound annual growth rate (CAGR), from $28M to $9M.
- What does U.S. — exploration mean?
- Costs associated with identifying, evaluating, and drilling for new oil and gas reserves within the U.S. segment. This includes geological and geophysical studies and the costs of dry holes that do not result in commercial production.
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