Page 134

APACHE CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued) Costs Incurred in Oil and Gas Property Acquisitions, Exploration, and Development Activities United States

Canada

Other Egypt(2) Australia North Sea Argentina International (In millions)

Total(2)

2015 Acquisitions: Proved . . . . . . . . . . . . . . . . . . . . . . . . $ Unproved . . . . . . . . . . . . . . . . . . . . . . Exploration . . . . . . . . . . . . . . . . . . . . . . Development . . . . . . . . . . . . . . . . . . . . .

1 $ 313 131 1,957

8 $ 23 41 193

25 $ 4 110 764

1 $ 31 101

111 623

$

-

$

- $ 29 -

35 340 453 3,638

Costs incurred(1) . . . . . . . . . . . . . . . . . . . $

2,402 $

265 $

903 $

133 $

734

$

-

$

29 $

4,466

Includes capitalized interest and asset retirement costs as follows: Capitalized interest . . . . . . . . . . . . . . $ 169 $ 25 $ Asset retirement costs . . . . . . . . . . . . 123 8

17 $ -

9 $ -

16 (66)

$

-

$

- $ -

236 65

(1)

2014 Acquisitions: Proved . . . . . . . . . . . . . . . . . . . . . . . . $ Unproved . . . . . . . . . . . . . . . . . . . . . . Exploration . . . . . . . . . . . . . . . . . . . . . . Development . . . . . . . . . . . . . . . . . . . . .

102 $ 1,221 467 5,301

- $ 141 82 846

1 $ 10 193 1,142

1 $ 16 137 914

84 971

$

9 6

$

- $ 1 -

104 1,388 973 9,180

Costs incurred(1) . . . . . . . . . . . . . . . . . . . $

7,091 $

1,069 $

1,346 $

1,068 $

1,055

$

15

$

1 $

11,645

Includes capitalized interest and asset retirement costs as follows: Capitalized interest . . . . . . . . . . . . . . $ 209 $ 38 $ Asset retirement costs . . . . . . . . . . . . 43 175

15 $ -

20 $ 55

25 34

$

3 -

$

- $ -

310 307

(1)

2013 Acquisitions: Proved . . . . . . . . . . . . . . . . . . . . . . . . $ Unproved . . . . . . . . . . . . . . . . . . . . . . Exploration . . . . . . . . . . . . . . . . . . . . . . Development . . . . . . . . . . . . . . . . . . . . .

17 $ 195 562 5,435

- $ 151 36 722

35 $ 15 559 618

- $ (10) 179 996

125 17 278 635

$

11 42 142

$

- $ 22 -

177 379 1,678 8,548

Costs incurred(1) . . . . . . . . . . . . . . . . . . . $

6,209 $

909 $

1,227 $

1,165 $

1,055

$

195

$

22 $

10,782

capitalized interest and asset retirement costs as follows: Capitalized interest . . . . . . . . . . . . . . $ 239 $ 35 $ Asset retirement costs . . . . . . . . . . . . 480 17

15 $ -

16 $ (30)

25 67

$

10 3

$

- $ -

340 537

(1) Includes

(2)

Includes a noncontrolling interest in Egypt.

F-52

Apache 2015 Summary Annual Report  

Adapting to a changing environment

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