OUTLINE Creating Long-Term Value 2017 & YTD 2018 Highlights Region Overview Strategic Objectives Sustainability & Safety Spotlight Employee Awards 3
CREATING LONG-TERM VALUE Disciplined Strategically Balanced Full-Cycle, Corporate- Financial Approach Portfolio Level Returns Focus Preserve dividend and Invest for returns- Maintain rigorous credit rating, reduce focused growth…
APACHE TODAY UNITED STATES Permian driving growth & returns Optionality in SCOOP/STACK & Eagle Ford EGYPT Significant free cash flow preparing for next leg of growth NORTH SEA High margins, high returns, free cash flow…
LEVERAGING TECHNOLOGY Apaches focus on innovation and harnessing the power of data are driving operational improvements and increased capital efficiencies SIMULTANEOUS EXTENSIVE WATER REMOTE OPERATIONS SEISMIC SOURCES RECYCLING…
2017 HIGHLIGHTS Outperformed key health, safety and environmental targets Streamlined and strengthened portfolio Strategic exit from Canada 1.4 billion in proceeds from non-core asset/acreage sales 124% reserve replacement through…
STRONG START TO 2018 US: Exceeding 1Q production targets; raising full-year guidance Outstanding results across portfolio Oil volumes up 10% year over year Secured significant oil, gas and NGL pipeline access to Gulf Coast from…
UNITED STATES: ONSHORE FOCUS Permian-driven growth & returns United States Onshore 70% of capital budget over next 3 years Optionality outside Permian SCOOP / STACK: 45,000 net acres Eagle Ford: 250,000 net acres 350 - 370…
PERMIAN BASIN: RETURNS-FOCUSED GROWTH Midland & Delaware Basins Efficiencies driving shorter cycle times and lower costs Expanding inventory with strategic testing New Mexico Alpine High Production ramping, well costs decreasing…
EGYPT Preparing for Future Growth New concessions expand acreage Apache Egypt Acreage position by 40 percent (1.6 million acres) MEDITERRANEAN SEA Drilling program expected to commence in the second half of 2018 High-density seismic…
STATE OF THE ART 3-D Dramatic Improvement in Sub-Surface Imaging 2013 Vintage Seismic 2018 Vintage Seismic 12
NORTH SEA High Margins, High Returns, Free Cash Flow Strong leverage to premium Brent crude pricing Multi-year inventory of near-field exploration targets Forties: Oil prone, stable production Beryl: Exploratory upside Garten…
SURINAME: HIGH IMPACT OIL EXPLORATION Massive acreage blocks near proven oil province Block 58 seismic processing complete, identifying and ranking prospects Exploration well to spud on Block 58 Block 58 Block 53 1.44 MM acres…
STRATEGIC OBJECTIVES 2018 AND BEYOND INTERNATIONAL Sustain Free Cash Flow Capacity from Egypt & North Sea ALPINE HIGH Execute Joint Venture for Alpine High Midstream in 2018 Transition to Full-Field Development at Alpine High…
FOCUS ON SUSTAINABILITY REDUCING CHEMICALS Apache is developing HIRING LOCALLY innovative operational MITIGATING METHANE approaches that deliver EMISSIONS environmental, social and financial returns. EMPHASIZING SAFETY 16
SAFETY VIDEO Click to launch or switcher Click to add Subtitle 17
IN MEMORIUM Lorraine to create slide Click to add Subtitle 18
2018 APACHE ANNUAL AWARDS Click to add Subtitle 19
2018 PRESIDENTS AWARD Click to add Subtitle 20
2018 PRESIDENTS AWARD WINNER Insert Jamie Suttons award photo here Click to add Subtitle 21
2018 INNOVATION AWARD Click to add Subtitle 22
2018 INNOVATION AWARD WINNER Click to add Subtitle 23
2018 DIAMOND AWARD Click to add Subtitle 24
2018 DIAMOND AWARD WINNER Click to add Subtitle 25
2018 HEART OF APACHE AWARD Click to add Subtitle 26
2018 HEART OF APACHE AWARD WINNER Click to add Subtitle 27
Loading...
