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APA Corporation APA Dry Hole Costs
Dry Hole Costs at other companies
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Where this comes from
Reported directly by APA Corporation in its filing.
Tagged under the XBRL concept us-gaap:ResultsOfOperationsDryHoleCosts.
The source filing: APA Corporation’s 10-Q, filed May 7, 2026. Open the filing →
- Filed
- May 7, 2026, 2:29 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001841666-26-000034
FAQ
- 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?
- Dry hole costs represent the capitalized costs associated with exploratory wells that failed to find commercially viable quantities of oil or gas. These costs are expensed as they do not provide future economic benefits, impacting the company's profitability. This metric is a key indicator of exploration efficiency and geological risk management.
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