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STATEMENT OF CONSOLIDATED OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
REVENUES AND OTHER:      
Derivative instrument gains (losses), net $ 94 $ (223) $ (35)
Gain on divestitures, net 67 32 43
Loss on previously sold Gulf of Mexico properties (446) 0 0
Other, net 228 64 54
Total revenues and other 7,928 4,308 6,553
OPERATING EXPENSES:      
Lease operating expenses 1,241 1,127 1,447
Taxes other than income 204 123 207
Exploration 127 274 805
General and administrative 357 290 406
Transaction, reorganization, and separation 22 54 50
Depreciation, depletion, and amortization 1,360 1,772 2,680
Asset retirement obligation accretion 113 109 107
Impairments 208 4,501 2,949
Financing costs, net 472 267 462
Total operating expenses 5,948 9,148 9,561
NET INCOME (LOSS) BEFORE INCOME TAXES 1,980 (4,840) (3,008)
Current income tax provision 652 176 660
Deferred income tax provision (benefit) (74) (112) 14
NET INCOME (LOSS) INCLUDING NONCONTROLLING INTERESTS 1,402 (4,904) (3,682)
Net income attributable to Altus Preferred Unit limited partners 162 76 38
NET INCOME (LOSS) ATTRIBUTABLE TO APA CORPORATION 1,062 (4,860) (3,553)
Noncontrolling Interest, Egypt      
OPERATING EXPENSES:      
Net income (loss) attributable to nonredeemable noncontrolling interest 174 (121) 167
Noncontrolling Interest, Altus      
OPERATING EXPENSES:      
Net income (loss) attributable to nonredeemable noncontrolling interest 4 1 (334)
Oil and gas, excluding purchased      
REVENUES AND OTHER:      
Oil, natural gas, and natural gas liquids production revenues 6,498 4,037 6,315
OPERATING EXPENSES:      
Cost of oil and gas purchased 264 274 306
Oil and gas, purchased      
REVENUES AND OTHER:      
Oil and gas production revenues 1,487 398 176
OPERATING EXPENSES:      
Cost of oil and gas purchased 1,580 357 142
Oil and gas      
REVENUES AND OTHER:      
Total revenues $ 7,985 $ 4,435 $ 6,491