Business Segment Information

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Business Segment Information

9. BUSINESS SEGMENT INFORMATION

Apache is engaged in a single line of business. Both domestically and internationally, the Company explores for, develops, and produces natural gas, crude oil and natural gas liquids. At March 31, 2015, the Company had production in five countries: the United States, Canada, Egypt, Australia, and the United Kingdom (U.K.) North Sea. Apache also pursues exploration interests in other countries that may, over time, result in reportable discoveries and development opportunities. Financial information for each country is presented below:

	United States			Canada			Egypt (1)		Australia			North Sea			Other International		Total
	(In millions)
For the Quarter Ended March 31, 2015
Oil and Gas Production Revenues	$	660		$	133		$	532	$	168		$	313		$	—	$	1,806
Operating Income (Loss)(2)	$	(5,320	)	$	(1,430	)	$	102	$	(12	)	$	(663	)	$	—	$	(7,323	)
Other Income (Expense):
Other																		12
General and administrative																		(79	)
Acquisition, divestiture, and separation costs																		(54	)
Financing costs, net																		(46	)
Net Loss From Continuing Operations
Before Income Taxes																	$	(7,490	)
Total Assets	$	21,577		$	5,288		$	7,247	$	9,044		$	5,376		$	118	$	48,650
For the Quarter Ended March 31, 2014
Oil and Gas Production Revenues	$	1,505		$	318		$	950	$	256		$	618		$	—	$	3,647
Operating Income(2)	$	663		$	71		$	536	$	96		$	183		$	—	$	1,549
Other Income (Expense):
Other																		28
General and administrative																		(103	)
Acquisition, divestiture, and separation costs																		(18	)
Financing costs, net																		(27	)
Net Income From Continuing Operations
Before Income Taxes																	$	1,429
Total Assets	$	30,618		$	7,102		$	7,350	$	8,403		$	7,599		$	49	$	61,121

⁽¹⁾  Includes a noncontrolling interest in Egypt.

⁽²⁾  Operating Income (Loss) consists of oil and gas production revenues less depreciation, depletion and amortization, asset retirement obligation accretion, lease operating expenses, gathering and transportation costs, and taxes other than income. The first quarter 2015 operating income (loss) of U.S., Canada, and North Sea includes $5.2 billion, $1.4 billion, and $632 million, respectively, in non-cash write-downs of each region’s carrying value of oil and gas properties.