APA Corporation APA Dry Hole Costs
Dry Hole Costs at other companies
Other financials
Where this comes from
Reported directly by APA Corporation in its filing.
Tagged under the XBRL concept us-gaap:ResultsOfOperationsDryHoleCosts.
The official record: APA Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is APA Corporation's dry hole costs?
- APA Corporation (APA) reported dry hole costs of $12M in Q1 2026.
- How has APA Corporation's dry hole costs changed year-over-year?
- APA Corporation's dry hole costs increased by 9.1% year-over-year, from $11M to $12M.
- What is the long-term trend for APA Corporation's dry hole costs?
- Over 4 years (2021 to 2025), APA Corporation's dry hole costs has grown at a -8.2% compound annual growth rate (CAGR), from $97M to $69M.
- What does dry hole costs mean?
- Expenses incurred from drilling exploratory wells that did not result in successful production.
- How do you interpret dry hole costs?
- Lower costs relative to exploration activity suggest higher drilling success rates and better geological assessment.
- How does dry hole costs compare across companies?
- Specific to the oil and gas exploration industry; peers are compared based on their exploration success ratios.