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Business Segment Information
 9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Business Segment Information
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 September 30, 2016, the Company had production in four reporting segments: the United States, Canada, Egypt, and offshore the United Kingdom in the North Sea (North Sea). Apache also pursues exploration interests in other areas that may, over time, result in reportable discoveries and development opportunities. Financial information for each country is presented below:
 
 
 
United
States
 
Canada
 
Egypt(1)
 
North Sea
 
Other
International
 
Total(4)
 
 
(In millions)
For the Quarter Ended September 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas Production Revenues
 
$
524

 
$
87

 
$
581

 
$
247

 
$
—

 
$
1,439

Operating Income (Loss)(2)
 
$
(17
)
 
$
(466
)
 
$
263

 
$
(455
)
 
$
(13
)
 
$
(688
)
Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
Gain on divestitures, net
 
 
 
 
 
 
 
 
 
 
 
5

Other
 
 
 
 
 
 
 
 
 
 
 
(6
)
General and administrative
 
 
 
 
 
 
 
 
 
 
 
(102
)
Transaction, reorganization, and separation
 
 
 
 
 
 
 
 
 
 
 
(12
)
Financing costs, net
 
 
 
 
 
 
 
 
 
 
 
(102
)
Loss From Continuing Operations Before Income Taxes
 
 
 
 
 
 
 
 
 
 
 
$
(905
)
For the Nine Months Ended September 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas Production Revenues
 
$
1,453

 
$
243

 
$
1,515

 
$
701

 
$
—

 
$
3,912

Operating Income (Loss)(2)
 
$
(283
)
 
$
(586
)
 
$
525

 
$
(557
)
 
$
(13
)
 
$
(914
)
Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
Gain on divestitures, net
 
 
 
 
 
 
 
 
 
 
 
21

Other
 
 
 
 
 
 
 
 
 
 
 
(30
)
General and administrative
 
 
 
 
 
 
 
 
 
 
 
(298
)
Transaction, reorganization, and separation
 
 
 
 
 
 
 
 
 
 
 
(36
)
Financing costs, net
 
 
 
 
 
 
 
 
 
 
 
(311
)
Loss From Continuing Operations Before Income Taxes
 
 
 
 
 
 
 
 
 
 
 
$
(1,568
)
Total Assets
 
$
12,299

 
$
1,630

 
$
5,320

 
$
3,851

 
$
49

 
$
23,149

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United
States
 
Canada
 
Egypt(1)
 
North Sea
 
Other
International
 
Total(4)
 
 
(In millions)
For the Quarter Ended September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas Production Revenues
 
$
639

 
$
116

 
$
534

 
$
317

 
$
—

 
$
1,606

Operating Income (Loss)(3)
 
$
(3,582
)
 
$
(292
)
 
$
67

 
$
(86
)
 
$
(148
)
 
$
(4,041
)
Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
Loss on divestitures, net
 
 
 
 
 
 
 
 
 
 
 
(5
)
Other
 
 
 
 
 
 
 
 
 
 
 
(75
)
General and administrative
 
 
 
 
 
 
 
 
 
 
 
(89
)
Transaction, reorganization, and separation
 
 
 
 
 
 
 
 
 
 
 
—

Financing costs, net
 
 
 
 
 
 
 
 
 
 
 
(160
)
Loss From Continuing Operations Before Income Taxes
 
 
 
 
 
 
 
 
 
 
 
$
(4,370
)
For the Nine Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas Production Revenues
 
$
2,066

 
$
387

 
$
1,790

 
$
1,013

 
$
—

 
$
5,256

Operating Income (Loss)(3)
 
$
(5,967
)
 
$
(464
)
 
$
569

 
$
(160
)
 
$
(149
)
 
$
(6,171
)
Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
Gain on divestitures, net
 
 
 
 
 
 
 
 
 
 
 
204

Other
 
 
 
 
 
 
 
 
 
 
 
(53
)
General and administrative
 
 
 
 
 
 
 
 
 
 
 
(284
)
Transaction, reorganization, and separation
 
 
 
 
 
 
 
 
 
 
 
(120
)
Financing costs, net
 
 
 
 
 
 
 
 
 
 
 
(401
)
Loss From Continuing Operations Before Income Taxes
 
 
 
 
 
 
 
 
 
 
 
$
(6,825
)
Total Assets
 
$
15,278

 
$
3,627

 
$
7,535

 
$
4,359

 
$
440

 
$
31,239

(1)
Includes a noncontrolling interest in Egypt.
(2)
Operating Income (Loss) consists of oil and gas production revenues less lease operating expenses, gathering and transportation costs, taxes other than income, exploration costs, depreciation, depletion, and amortization, asset retirement obligation accretion, and impairments. The operating income (loss) of U.S., Canada, and North Sea includes asset impairments totaling $47 million, $423 million, and $481 million, respectively, for the third quarter of 2016. The operating income (loss) of U.S., Canada, and North Sea includes asset impairments totaling $212 million, $433 million, and $586 million, respectively, for the first nine months of 2016.
(3)
The operating income (loss) of U.S., Canada, Egypt, North Sea, and Other International includes asset impairments totaling $3.5 billion, $237 million, $78 million, $105 million, and $148 million, respectively, for the third quarter of 2015. The operating income (loss) of U.S., Canada, Egypt, North Sea, and Other International include asset impairments totaling $5.9 billion, $291 million, $91 million, $372 million, and $148 million, respectively, for the first nine months of 2015.
(4)
Amounts for 2015 have been restated to exclude Australia discontinued operations.