Exhibit 99.1
Resource Extraction Payment Report
Government-level disclosure
All payments are made out of APA Corporation's four operating segments: the U.S., Egypt, offshore the U.K. in the North Sea, and Suriname.
The table below sets forth our payments made to governments for the fiscal year ended December 31, 2024, by country and type of payment.
Payment Type(1)
Government Entity
Subnational Jurisdiction(2)
TaxesRoyaltiesFeesProduction Entitlements Bonuses
CSR
Total
(U.S. $ in thousands)(1)
United States
Office of Natural Resources Revenue
Offshore – Gulf of America – Texas
$— $6,077 $— $— $— $— $6,077 
Office of Natural Resources Revenue
Onshore – New Mexico
— 37,576 — — — — 37,576 
United Kingdom
Aberdeen City Council Business Rate
Offshore – North Sea – Great Britain
1,233 — — — — — 1,233 
HM Revenue & Customs (HMRC)
Offshore – North Sea – Great Britain
327,206 — — — — — 327,206 
Department For Energy Security & Net Zero
Offshore – North Sea – Great Britain
— — 249 — — — 249 
Egypt
Egyptian General Petroleum Corporation
Onshore – Egypt – Western Desert
— — 6,540 393,077 10,750 — 410,367 
Egyptian Tax Authority
Onshore – Egypt – Western Desert723,397 — — — — — 723,397 
Suriname
Staatsolie Maatschappij Suriname N.V.(3)
Offshore – Atlantic Ocean – Paramaribo
— — — — — 137 137 
$1,051,836 $43,653 $6,789 $393,077 $10,750 $137 $1,506,242 
(1) All payments are reported in U.S. dollars. Payments made in the United Kingdom were made in British pound sterling. These payments have been converted to U.S. dollars using the exchange rate existing at the time the payment was made.
(2) Projects are disclosed by subnational political jurisdiction as all payments have the same type of resource (oil/natural gas) and extraction method (well).
(3) Payments related to Suriname are Corporate Social Responsibility (CSR) payments that were established as part of the Production Sharing Contract with the Suriname government.