Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Quarterly / Earnings Reports | Fourth Quarter (4Q) Update | Financial Results | Capital Markets | Capital Expenditure | Capital Expenditure - 2020 | 2020 Guidance

Apache Corp. Details Fourth Quarter 2019 Results

printPrint    |   
Apache Corp. Details Fourth Quarter 2019 Results

Apache Corp. announced its financial and operational results for the fourth-quarter and full-year 2019.

Highlights: Delivered fourth-quarter reported production of 487,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt noncontrolling interest and tax barrels, was 430,000 BOE per day, exceeding the high end of guidance by 5,000 BOE per day; Achieved the highest quarterly Permian oil production rate in Apache history, averaging 103,000 barrels per day during the fourth quarter; Reduced capital investment in 2019 by 23% over 2018, while increasing total company adjusted production by nearly 5%, U.S. production by more than 7%, and Permian oil production by 6% year over year; Reported full-year net cash from operating activities of $2.9 billion and…
Finish this article — free account or subscription
  • ✓  Full news archive — U.S., Canada & international coverage
  • ✓  A&D transactions — asset deals, corporate M&A, assets for sale
  • ✓  Permits & completions data, plus 900,000+ slides & presentations
No credit card. Includes 15 days of full access to permits, deals, completions and presentations.
Already a subscriber? Log in


More Fourth Quarter (4Q) Update News

Gulf of Mexico News


Mid-Continent News