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Apache's Permian Completions Jump; Duvernay Pad Online; SCOOP IP-30 Day

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Apache's Permian Completions Jump; Duvernay Pad Online; SCOOP IP-30 Day

Apache Corporation announced third-quarter 2015 financial and operational results.

Key Points: Permian - Apache operated 10 rigs in the Permian and completed 65 gross operated wells during the third quarter, up from 53 well completions in the second quarter. MidCont: The Apache 21-11-21 targeting the Marmaton produced at an average 30-day rate of 1,686 boe per day, and the Truman 28-6-6 #1H targeting the Woodford produced an average 30-day rate of 1,949 boe per day. Gulf Coast (Eagle Ford) - Apache primarily focused on optimizing well completions in Area A of its Eagle Ford position. Canada - In the Duvernay, Apache placed its first well pad online in October and achieved strong test results from seven wells that averaged 2,188 boe per day per well. During the upcoming drilling season…
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