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Business Segment Information
 3 Months Ended
Mar. 31, 2017
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 March 31, 2017, 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 has exploration interests in Suriname that may, over time, result in a reportable discovery and development opportunity. Financial information for each area is presented below:
 
 
 
United
States
 
Canada
 
Egypt(1)
 
North Sea
 
Other
International
 
Total
 
 
(In millions)
For the Quarter Ended March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas Production Revenues
 
$
552

 
$
102

 
$
591

 
$
267

 
$
—

 
$
1,512

Operating Income (Loss)(2)
 
$
60

 
$
(13
)
 
$
301

 
$
38

 
$
(21
)
 
$
365

Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
Gain on divestitures, net
 
 
 
 
 
 
 
 
 
 
 
341

Other
 
 
 
 
 
 
 
 
 
 
 
25

General and administrative
 
 
 
 
 
 
 
 
 
 
 
(103
)
Transaction, reorganization, and separation
 
 
 
 
 
 
 
 
 
 
 
10

Financing costs, net
 
 
 
 
 
 
 
 
 
 
 
(100
)
Income Before Income Taxes
 
 
 
 
 
 
 
 
 
 
 
$
538

Total Assets
 
$
12,361

 
$
1,556

 
$
5,006

 
$
3,634

 
$
53

 
$
22,610

 
 
 
 
 
 
 
 
 
 
 
 
 
For the Quarter Ended March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas Production Revenues
 
$
409

 
$
83

 
$
392

 
$
203

 
$
—

 
$
1,087

Operating Income (Loss)(2)
 
$
(159
)
 
$
(62
)
 
$
42

 
$
14

 
$
—

 
$
(165
)
Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
Loss on divestitures, net
 
 
 
 
 
 
 
 
 
 
 
(1
)
Other
 
 
 
 
 
 
 
 
 
 
 
(3
)
General and administrative
 
 
 
 
 
 
 
 
 
 
 
(93
)
Transaction, reorganization, and separation
 
 
 
 
 
 
 
 
 
 
 
(15
)
Financing costs, net
 
 
 
 
 
 
 
 
 
 
 
(105
)
Loss Before Income Taxes
 
 
 
 
 
 
 
 
 
 
 
$
(382
)
Total Assets
 
$
12,726

 
$
2,118

 
$
5,527

 
$
4,314

 
$
49

 
$
24,734

(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. and North Sea includes asset impairments totaling $15 million and $8 million, respectively, for the first quarter of 2017. The operating income (loss) of U.S. and Canada includes asset impairments totaling $40 million and $2 million, respectively, for the first quarter of 2016.