Operator · Cleveland, Cline Shale & Eaglebine/Woodbine
Apache Corp
80 articles mentioning Apache Corp · Page 1 of 4
APA Corp. First Quarter 2022 Results
APA Corp. announced its financial and operational results for the first-quarter 2022. Highlights: Reported production of 404,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt noncontrolling interest and tax barrels, was 322,000...
APA Corp. Second Quarter 2021 Results
APA Corp. announced its financial and operational results for the second-quarter 2021. Key Takeaways: Reported production of 395,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt noncontrolling interest and tax barrels, was...
APA Corp. First Quarter 2021 Results
APA Corp. reported its Q1 2021 results. Highlights: Reported production of 382,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt noncontrolling interest and tax barrels, was 326,000 BOE per day; Generated net...
APA Corp. Taps New SVP of Exploration
APA Corp. announced Tracey K. Henderson has been appointed Senior Vice President, Exploration. About Henderson Henderson joins APA from Kosmos Energy, where she served as Chief Exploration Officer. While at Kosmos, she contributed to the discovery...
Apache Adjusts Corportate Structure; New HoldCo
Apache Corp. announced completion of the previously announced holding company structure, making APA the parent holding company of Apache. APA replaces Apache as the public company trading on the Nasdaq stock market under the ticker symbol...
Apache Ups Spending 11% for 2021 at $1.1B; Adding Rigs in the Permian
Apache Corp. announced its financial and operational results for the fourth-quarter and full-year 2020. The company also detailed its 2021 plans. 2021 Plans - Capex: $1.1 billion - up 11% vs. 2020 levels of $988MM Production...
Apache Adds Former BP Exec to Board
Apache Corp. announced the appointment of Lamar McKay to its board of directors. About McKay McKay, 62, served as the chief transition officer of BP p.l.c. (BP) from October 2019 until his retirement in December 2020....
Apache Hits Oil Discovery at Exploration Well Offshore Suriname
Apache Corp. announced an oil discovery at the Keskesi East-1 exploration well in Block 58 offshore Suriname. Keskesi East-1 encountered targets in the upper Cretaceous-aged Campanian and Santonian intervals. The shallower Campanian interval contains 58 meters...
Apache Corp. Third Quarter 2020 Results
Apache Corp. announced its financial and operational results for the third quarter 2020. Highlights: Upstream capital investment significantly below guidance in the third quarter; reduced full-year 2020 capital outlook to $1.0 billion Increased estimated annual run-rate...
Apache Updates Results of Latest Suriname Discovery; Begins Drilling Next Well
Apache Corp. has reported an update to the technical evaluation of the Kwaskwasi-1 discovery well offshore Suriname. Kwaskwasi-1 discovered hydrocarbons in multiple stacked targets in the upper Cretaceous-aged Campanian and Santonian intervals. The well encountered 278...
Apache Becoming Less Relevant to Oil Service Companies
This comes as Apache shifts its capital from US land operations in favor of international opportunities. Just last week, the company announced a new discovery at its prospect offshore Suriname in South America. Meanwhile, its US...
Apache Corp. Second Quarter 2020 Results
Apache Corp. announced its results for Q2 2020. Highlights: On July 20, announced major discovery at Kwaskwasi, third consecutive discovery in Block 58 offshore Suriname Submitted appraisal plan for first discovery, Maka, in May; announced second...
Apache, Total Strike Oil at Kwaskwasi-1 Offshore Suriname, Marking Third Discovery
Apache Corp. has reported a major oil discovery at the Kwaskwasi-1 well drilled offshore Suriname in Block 58. The well was drilled by the Noble Sam Croft with Apache as operator holding a 50% working interest...
Apache Moves Stock from NYSE to Nasdaq Exchange
Apache Corp. announced that it will be listing its common stock solely on the Nasdaq Stock Market beginning June 9, 2020. The company will discontinue listing its common stock on the New York Stock Exchange and...
Apache Corp. First Quarter 2020 Results
Apache Corp. reported its Q1 2020 results. Highlights: Responded quickly and decisively to COVID-19 global pandemic by closing offices and implementing work-from-home-processes and stringent operational protocols in the field to protect Apache employees and communities; Revised...
Apache, Total Touts Oily Discovery at Sapakara Well Offshore Suriname
Apache Corp. announced an oil discovery at the Sapakara West-1 well drilled offshore Suriname on Block 58. The well was drilled using the Noble Sam Croftwith Apache as operator holding a 50% working interest and Total...
Apache Doubles G&A Cost Reductions to $300 Million
Apache Corp. provided an update regarding the cost savings associated with its previously announced organizational redesign. Apache now expects to deliver an annualized G&A and LOE cost reduction in excess of $300 million, up from an...
After Destroying Billions in Value; Apache To Layoff 85+ Workers
According to state officials, Apache Corp began its layoff of last wednesday and will continue through May 18th. According to the WARN letter, more than 85 employees will be affected. The affected employees worked at the...
Apache Lays Down All Permian Rigs, Lowers Capex 34% in New 2020 Plan
Apache Corp. announced multiple actions being taken in response to the current oil price environment. Changes for 2020: Cut its 2020 capital plan by 34% to a range of $1.0 billion to $1.2 billion from a...
Apache's Alpine High a Flop; Suspends Activity; Impairment Charge
After spending hundreds of millions of dollars to lease and drill wells on its western Reeves County acreage, aka Alpine High, it seems like Apache Corp. is finally coming to grips with the fact that the...