Page 132

APACHE CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued) 14.

SUPPLEMENTAL OIL AND GAS DISCLOSURES (Unaudited)

Oil and Gas Operations The following table sets forth revenue and direct cost information relating to the Company’s oil and gas exploration and production activities. Apache has no long-term agreements to purchase oil or gas production from foreign governments or authorities. In the second quarter of 2015, Apache completed the sale of its Australian LNG business and oil and gas assets, and as such the results of Australia oil and gas assets have been classified as discontinued operations. United States 2015 Oil and gas production revenues . . . $ Operating cost: Depreciation, depletion, and amortization Recurring(1) . . . . . . . . . . . . . . . Additional . . . . . . . . . . . . . . . . Asset retirement obligation accretion . . . . . . . . . . . . . . . . . . Lease operating expenses . . . . . . Gathering and transportation . . . . Production taxes(2) . . . . . . . . . . . . Income tax . . . . . . . . . . . . . . . . . .

2,637 $

Other Egypt(3) North Sea International (In millions, except per boe)

Canada

498 $

1,419 19,537

262 3,667

28 739 68 178 (6,863)

43 244 89 23 (1,000)

15,106

3,328

1,968 $

1,280

1,128 281

722 2,032

522 45 (4) 1,972

Results of operation . . . . . . . . . . . . . $

(12,469) $

(2,830) $

(4) $

Amortization rate per boe . . . . . . . . $

15.49 $

10.61 $

21.29 $

2014 Oil and gas production revenues . . . $

5,744 $

1,092 $

3,539 $

Operating cost: Depreciation, depletion, and amortization Recurring(1) . . . . . . . . . . . . . . . Additional . . . . . . . . . . . . . . . . Asset retirement obligation accretion . . . . . . . . . . . . . . . . . . Lease operating expenses . . . . . . Gathering and transportation . . . . Production taxes(2) . . . . . . . . . . . . Income tax . . . . . . . . . . . . . . . . . .

2,056 4,412 43 921 93 342 (754) 7,113

343 -

$

74 349 9 58 (982) 2,262 (982)

- $

Total(3)(4)

6,383

-

3,531 25,517

-

145 1,854 211 259 (8,849)

-

22,668

$

- $

(16,285)

27.77

$

- $

18.08

2,316

$

- $

12,691

1,014 -

975 589

-

4,388 5,001

499 40 914

72 434 17 177 32

-

154 2,238 273 546 236

2,296

-

12,836

39 384 123 27 44 960

2,467

Results of operation . . . . . . . . . . . . . $

(1,369) $

132 $

1,072 $

20

$

- $

Amortization rate per boe . . . . . . . . $

19.35 $

12.11 $

18.48 $

37.41

$

- $

F-50

(145) 20.36

Apache 2015 Summary Annual Report  

Adapting to a changing environment

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