APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Overview North America onshore drilling drives liquids production growth 6 percent over the fourth quarter 2012 and 45 percent over the first quarter 2012 Apache…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT FIRST-QUARTER PRODUCTION BY REGION 782 Mboe/d Australia Argentina North Sea 7% 6% Central 10% 11% Egypt N.A. 19% 15% Permian Onshore 44% 4% 2% GOM…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT 1Q 2012 VERSUS 1Q 2013 PRODUCTION COMPARSION MBOE/D 1Q 1Q Inc % Inc 900 2012 2013 (Dec) (Dec) Total Company 769 782 13 1.6% 1.6% 782 800 769 3.3% 737 23 3.3%…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT NORTH AMERICA Permian First-quarter 2013 production in the Permian Region averaged 119,435 Boe/d (74 percent liquids), increasing 20 percent over the first quarter of…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Permian (Continued) MIDLAND BASIN VERTICAL Apache has an estimated 1.1 million gross acres (625,000 net) in the Midland Basin Vertical play area with an estimated 1.7…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Permian (Continued) WOLFCAMP SHALE Apache has an estimated 450,000 gross acres (345,000 net) prospective for Wolfcamp Shale development with an estimated 347 MMboe of…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Central First-quarter 2013 production in the Central Region was 86,215 Boe/d, up 9 percent over the fourth quarter of 2012 and up 129 percent over the CENTRAL KEY…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Central (Continued) GRANITE WASH Apache holds approximately 720,000 gross (350,000 net) acres prospective for the Granite Wash with an estimated resource potential of…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Central (Continued) MARMATON Apache holds an estimated 662,000 gross (512,000 net) acres in the Marmaton with an estimated resource potential of 161 MMboe from 1,593…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Gulf Coast Onshore First-quarter 2013 production in the Gulf Coast Onshore Region was 29,859 Boe/d, essentially flat compared to the fourth quarter of 2012. GULF…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Gulf of Mexico Shelf First-quarter 2013 production in the Gulf of Mexico Shelf was 92,024 Boe/d, a 4-percent decline from the fourth quarter of 2012. GOM SHELF KEY…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Gulf of Mexico Deepwater First-quarter 2013 production in the Gulf of Mexico Deepwater was GOM DW KEY STATS First-Quarter 2013 13,311 Boe/d, a 26 percent decline from…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Canada First-quarter 2013 production in Canada was 110,368 Boe/d, down from the fourth quarter of 2012 as continued decreases in dry natural gas drilling CANADA KEY…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Canada (Continued) BLUESKY (LIQUIDS-RICH HORIZONTAL PROGRAM) In the first quarter of 2013, Apache drilled nine wells (eight operated and one non-operated) with…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Canada (Continued) SPARKY In total 12 horizontal wells were drilled in the first quarter 2013 with eight of these currently on production. Production, which was drilled…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Canada (Continued) KITIMAT LNG PROJECT (50% APA) On Feb. 11, 2013, Apache announced that the transaction with Chevron Canada Ltd. had closed with Apache Canada…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT INTERNATIONAL Egypt In Egypt, Apaches operations continue unabated. The region averaged 26 rigs and reported quarterly average gross oil production of 199,174 Bo/d and…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Egypt (Continued) APACHE EGYPT REGION ACREAGE AND KEY BASINS Matruh Shushan Faghur Alamein Ghindi Abu Gharadig Beni Suef EGYPT PRODUCTION DETAIL…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Australia First-quarter 2013 production was 55,734 Boe/d, down 8 percent from the fourth quarter of 2012 due to three tropical cyclones which impacted AUSTRALIA KEY…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Australia (Continued) BALNAVES The Armada Claire FPSO is currently in the shipyard undergoing conversion and refurbishment. All contracts have been executed, and the…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT North Sea First-quarter 2013 production in the North Sea was 79,128 Boe/d, a record production rate for the North Sea Region. NORTH SEA KEY STATS During the quarter,…
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT NORTH SEA WELL HIGHLIGHTS First-Quarter 2013 PLAY/TARGET WELL NAME IP FES13 (22/6A-E40z) 4,290 Bo/d Forties FES11a 1,500 Bo/d 23
APACHE FIRST-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT Argentina First-quarter 2013 production in Argentina was 43,495 Boe/d, down 7 percent from the fourth quarter of 2012, due to natural production ARGENTINA KEY STATS…