APA · 8-K · 20260805PR000050

Egypt Gas Development

APA Corp · 2026-08-05 · Importance 62 · Surprise 58

Egypt adjusted production averaged 61,000 BOE per day in the second quarter and was in line with guidance. Gross Egypt production averaged 207,000 BOE per day, including 539 MMCF per day of gross gas production. Nearly half of Egypt’s gas production benefited from the revised pricing agreement, supporting the company’s gas-focused development program. Reported Egypt gas volume increased 15% sequentially and 13% year over year on a gross basis to 538.9 MMCF per day, while adjusted gas volume declined 8% year over year to 161.2 MMCF per day.

Key facts

• Nearly half of Egypt’s gas production is now benefiting from the revised pricing agreement source
• Egypt adjusted production averaged 61,000 BOE per day in second-quarter 2026 and was in line with guidance source
• Egypt gross production averaged 207,000 BOE per day in second-quarter 2026 source
• Egypt gross gas production increased to 539 million cubic feet (MMCF) per day in second-quarter 2026 source