Skip to main content Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp Investor Presentation | Shale Experts
Loading...

Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp

Apache Corp · Nov 6, 2014 · 24 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 1
    Third Quarter 2014 QUARTERLY SUPPLEMENT
  2. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 2
    TABLE OF CONTENTS Operational Overview........................................................................................................................................................... 2 NORTH AMERICA…
  3. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 3
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Operational Summary North American onshore liquids production grew 15 percent year-over- year and 5 percent sequentially on a pro forma basis led by strong results in our Permian region.…
  4. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 4
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT PRO FORMA THIRD-QUARTER PRODUCTION BRIDGE 562 Mboe/d 700 583 Mboe/d 637 36 39 600 562 500 400 300 200 100 0 As Reported Egypt Tax Barrels Noncontrolling 3Q 2014 Pro Forma…
  5. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 5
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT PRO FORMA NORTH AMERICAN ONSHORE PRODUCTION: 3Q 2013 VS 3Q 2014 Liquids Production (Mbbls/d) Total Production (Mboe/d) 355 350 350 328 8% 300 300 250 250 15% 211 Liquids 200 184 200…
  6. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 6
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT REPORTED THIRD-QUARTER PRODUCTION BY REGION 637 Mboe/d Australia North Sea 9% 10% Central 14% Egypt 24% N.A. Onshore 55% 25% Permian 2% Gulf of Mexico 11% 5% Canada…
  7. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 7
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT NORTH AMERICA Permian Third-quarter 2014 production averaged a record 161,808 barrels of oil equivalent per day (Boe/d) (78 percent liquids), up 4 percent PERMIAN KEY STATS over the…
  8. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 8
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Permian (Continued) PERMIAN WELL HIGHLIGHTS Third-Quarter 2014 PLAY/TARGET WELL NAME COUNTY, ST TVD LATERAL IP (30-Day) Shackleton 31W 3H Glasscock, TX 8,495 5,409 886 Boe/d* Lumberjack…
  9. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 9
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Permian (Continued) WOLFCAMP SHALE Reagan County (Southern Midland Basin): During the quarter, 11 wells were drilled at Scottish Rite Hospital (SRH) with three drilling rigs primarily…
  10. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 10
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Permian (Continued) DELAWARE BASIN During the quarter three rigs drilled in Pecos Bend and the Waha area. rd In Pecos Bend, six wells were spud: five in the 3 Bone Springs and one in the…
  11. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 11
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Central Third-quarter 2014 production averaged 90,760 Boe/d. CENTRAL KEY STATS Production increased 1 percent quarter over quarter. Third-Quarter 2014 Liquids now constitute 52 percent of…
  12. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 12
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Central (Continued) CANYON LIME/CANYON WASH Apache continued to advance the Canyon Lime play in the Texas Panhandle. During the third quarter, Apache averaged two rigs and exited the…
  13. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 13
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Gulf Coast Third-quarter 2014 production averaged 29,107 Boe/d, down 1 percent from the second quarter of 2014 due to an asset sale of GULF COAST KEY STATS Third-Quarter 2014 approximately…
  14. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 14
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Gulf Coast (Continued) EAST TEXAS EAGLE FORD Apache continued to delineate its East Texas Eagle Ford play, primarily in Brazos and Burleson Counties, with consistently strong results.…
  15. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 15
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Canada Third-quarter 2014 production, which includes Kitimat upstream CANADA KEY STATS* production, averaged 73,187 Boe/d. Third-Quarter 2014 Total production was down 5 percent from the…
  16. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 16
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Gulf of Mexico Third-quarter 2014 production averaged 10,090 Boe/d, down 15 GULF OF MEXICO percent from second quarter due to expected natural field Third-Quarter 2014 declines. 3Q…
  17. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 17
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT INTERNATIONAL Australia Third-quarter 2014 production averaged 55,578 Boe/d, up 12 percent from second quarter 2014 as a result of the successful AUSTRALIA KEY STATS commencement of…
  18. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 18
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT AUSTRALIA (CONTINUED) BALNAVES (65 PERCENT APA) The Armada Claire FPSO completed the final hook-up and commissioning activities and commenced oil production from the Balnaves field in August…
  19. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 19
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Egypt Third-quarter gross production averaged 345,708 Boe/d, 2 EGYPT KEY STATS* percent lower than the previous quarter. Lower production- Third-Quarter 2014 quarter over-quarter resulted…
  20. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 20
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Egypt (Continued) EGYPT WELL HIGHLIGHTS Third-Quarter 2014 PLAY/TARGET WELL NAME IP (30-Day) Abu Roash E Meghar-08 3,192 Boe/d Apries-01X 2,982 Bod/d Paleozoic Siwa 2 L3 1,730 Boe/d…
  21. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 21
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Egypt (Continued) EGYPT PRODUCTION DETAIL 3Q 2014 2Q 2014 Liquids Gas Liquids Gas (Bbls/d) (Mcf/d) Boe/d (Bbls/d) (Mcf/d) Boe/d Gross Production 197,143 891,392 345,708 199,767 907,752…
  22. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 22
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT North Sea Third-quarter 2014 production averaged 64,982 Boe/d, down 10 NORTH SEA KEY STATS percent from the second quarter due to annual maintenance Third-Quarter 2014 turnaround…
  23. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 23
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Supplementary Financial Data Debt Bridge 2Q 2014 to 3Q 2014 14,000 177 9 199 2,073 12,000 476 525 567 2,221 10,000 9,867 8,000 7,784 6,000 4,000 2,000 0 Net Debt…
  24. Q3 2014 QUARTERLY SUPPLEMENT – Apache Corp – slide 24
    THIRD QUARTER 2014 QUARTERLY SUPPLEMENT Oil and Gas Capital Investment (1) (1) 3Q14 YTD 2014 E&P and GTP Investment: Permian…

From the store

Browse maps, data & reports in the Shale Experts store