APA Corporation APA Capitalized Exploratory Well Costs
Capitalized Exploratory Well 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:CapitalizedExploratoryWellCosts.
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 capitalized exploratory well costs?
- APA Corporation (APA) reported capitalized exploratory well costs of $344M in Q1 2026.
- How has APA Corporation's capitalized exploratory well costs changed year-over-year?
- APA Corporation's capitalized exploratory well costs increased by 21.6% year-over-year, from $283M to $344M.
- What is the long-term trend for APA Corporation's capitalized exploratory well costs?
- Over 5 years (2020 to 2025), APA Corporation's capitalized exploratory well costs has grown at a 12.9% compound annual growth rate (CAGR), from $184M to $338M.
- What does capitalized exploratory well costs mean?
- Money spent on drilling exploratory wells that are still being evaluated for success.
- How do you interpret capitalized exploratory well costs?
- High balances indicate an active exploration program, but also carry the risk of future impairment charges if reserves are not confirmed.
- How does capitalized exploratory well costs compare across companies?
- Varies based on the company's exploration strategy and success rate in finding new reserves.