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APA » Topics » Costs Not Being Amortized

These excerpts taken from the APA 10-K filed Mar 2, 2009.
Costs Not Being Amortized
 
The following table sets forth a summary of oil and gas property costs not being amortized at December 31, 2008, by the year in which such costs were incurred. There are no individually significant properties or significant development projects included in costs not being amortized. The majority of the evaluation activities are expected to be completed within five to ten years.
 
                                         
                            2005
 		 
    Total     2008     2007     2006     and Prior  
    (In thousands)  
 
Property acquisition costs
  $ 862,314     $ 225,796     $ 223,915     $ 270,590     $ 142,013  
Exploration and development
    378,842       380,168       25,193       (39,420 )     12,901  
Capitalized interest
    59,191       35,910       7,875       6,187       9,219  
                                         
Total
  $ 1,300,347     $ 641,874     $ 256,983     $ 237,357     $ 164,133  
                                         
 
Costs Not
Being Amortized


 



The following table sets forth a summary of oil and gas property
costs not being amortized at December 31, 2008, by the year
in which such costs were incurred. There are no individually
significant properties or significant development projects
included in costs not being amortized. The majority of the
evaluation activities are expected to be completed within five
to ten years.


 



















































































































































































































                                         

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2005



 

 

 

Total

 

 

2008

 

 

2007

 

 

2006

 

 

and Prior

 

 

 

(In thousands)

 
 


Property acquisition costs


 

$

862,314

 

 

$

225,796

 

 

$

223,915

 

 

$

270,590

 

 

$

142,013

 


Exploration and development


 

 

378,842

 

 

 

380,168

 

 

 

25,193

 

 

 

(39,420

)

 

 

12,901

 


Capitalized interest


 

 

59,191

 

 

 

35,910

 

 

 

7,875

 

 

 

6,187

 

 

 

9,219

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Total


 

$

1,300,347

 

 

$

641,874

 

 

$

256,983

 

 

$

237,357

 

 

$

164,133

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 






 




This excerpt taken from the APA 10-K filed Mar 1, 2007.
Costs Not Being Amortized
 
The following table sets forth a summary of oil and gas property costs not being amortized at December 31, 2006, by the year in which such costs were incurred. There are no individually significant properties or significant development projects included in costs not being amortized. The majority of the evaluation activities are expected to be completed within five to ten years.
 
                                                 
                                  2003
 		 
          Total     2006     2005     2004     and Prior  
                      (In thousands)              
 
Property acquisition costs
          $ 908,757     $ 453,059     $ 127,212     $ 148,428     $ 180,058  
Exploration and development
            351,745       151,470       111,349       52,314       36,612  
Capitalized interest
            24,241       5,692       8,118       2,547       7,884  
                                                 
Total
          $ 1,284,743     $ 610,221     $ 246,679     $ 203,289     $ 224,554  
                                                 
 

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 2, 2009
10-K
Mar 1, 2007

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