Skip to main content 2008 ANALYST REVIEW – Apache Corp Investor Presentation | Shale Experts
Loading...
Pm

2008 ANALYST REVIEW – Apache Corp

Apache Corp · Oct 1, 2008 · 35 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. 2008 ANALYST REVIEW – Apache Corp – slide 1
    CORPORATION 2008 Analyst Review Jon Jeppesen Senior VicePresident Gulf Coast Region The following discussions contain certain forwardlooking statements as defined by the Private Securities Litigation Reform Act of 1995…
  2. 2008 ANALYST REVIEW – Apache Corp – slide 2
    Gulf Coast Region Operating Philosophy CORPORATION CORPORATION Generate Generate excess excess cash cash flow flow to to fund fund other other activities activities Explore Explore // exploit exploit high -quality multi…
  3. 2008 ANALYST REVIEW – Apache Corp – slide 3
    Gulf Coast Region Properties 2008 CORPORATION CORPORATION Mboe/d Mboe/d Gulf Coast Operations 150 Dry Land / Marsh / Offshore 125 Onshore 100 783 Producing Wells 75 Offshore 50 459 Operated Platforms 25 803 Producing…
  4. 2008 ANALYST REVIEW – Apache Corp – slide 4
    Total Net Oil Production CORPORATION CORPORATION Actual Actual bopd bopd 70,000 70,000 Hurricane Ivan 60,000 60,000 50,000 50,000 Hurricanes Katrina / Rita 40,000 40,000 Current Prod Rate 37,200 bopd X 30,000…
  5. 2008 ANALYST REVIEW – Apache Corp – slide 5
    Total Net Gas Production CORPORATION CORPORATION Actual Actual Mcf/d Mcf/d 600,000 600,000 Hurricane Ivan 500,000 500,000 Hurricanes Katrina / Rita 400,000 400,000 300,000 300,000 Current Prod Rate 249 MMcf/d X…
  6. 2008 ANALYST REVIEW – Apache Corp – slide 6
    Hurricane Gustav / Ike Damage Summary CORPORATION CORPORATION Hurricane Hurricane Gustav Gustav No No major major damage damage to to facilities facilities Fair Fair amount amount of of minor minor damages damages in…
  7. 2008 ANALYST REVIEW – Apache Corp – slide 7
    Significant Excess Cash Generation CENTRAL CENTRAL REGIION REGIION Lease Level Income vs. Capex 3,500 LLI 3,063 3,000 Capital 2,500 2,214 2,000 MM 1,596 1,532 1,468 1,500 1,318 1,700 1,423 1,000 1,160 500 762…
  8. 2008 ANALYST REVIEW – Apache Corp – slide 8
    Gulf Coast Region Acquisitions CORPORATION CORPORATION Offshore Offshore -- Shell Shell -- 1999 1999 / 2003 -- Oxy Oxy -- 2000 2000 -- BP BP - 2003 // 2006 2006 -- Anadarko Anadarko -- 2004 2004 Onshore Onshore --…
  9. 2008 ANALYST REVIEW – Apache Corp – slide 9
    Major GOM Acquisitions Summary CORPORATION CORPORATION Investment Investment MMboe MMboe Cost Cost // boe boe As As of of Acquisition Acquisition 3,199 3,199 378.9 378.9 8.44 8.44 Production Production (9,111) (9,111)…
  10. 2008 ANALYST REVIEW – Apache Corp – slide 10
    Gulf Coast Region Lease Holdings CORPORATION CORPORATION Largest Largest HBP HBP leaseholder leaseholder in in GOM GOM water water depth…
  11. 2008 ANALYST REVIEW – Apache Corp – slide 11
    Gulf Coast Region Properties 2008 CORPORATION CORPORATION District Wells Offshore 67 Onshore 56 Total 123 Giddings(Eagleford) (Eagleford) MISS. ALA. Giddings TEXAS Golden GoldenMeadow Meadow LOUISIANA Lafayette New…
  12. 2008 ANALYST REVIEW – Apache Corp – slide 12
    Geauxpher Prospect GB 462 CORPORATION CORPORATION Apache Apache acquired acquired interest interest in in GB GB 462 462 from from 2004 2004 Anadarko Anadarko acquisition acquisition (ENI (ENI -- operator operator 45%,…
  13. 2008 ANALYST REVIEW – Apache Corp – slide 13
    Geauxpher Prospect GB 462 CORPORATION CORPORATION 40 mile 8 pipeline Garden GardenBanks Banks7272 Host HostPlatform Platform Garden GardenBanks Banks462 462
  14. 2008 ANALYST REVIEW – Apache Corp – slide 14
    Geauxpher Prospect CORPORATION CORPORATION GB 462 Apache GB 463 DEEP DEEPAMPS AMPS atic Schemection -S AMP11UPTHROWN AMP UPTHROWN Cross GB GB462 4623 3PBHL PBHL 18,000 18,000SDS 18,000 SDS GB462 GB 4622…
  15. 2008 ANALYST REVIEW – Apache Corp – slide 15
    Geauxpher Schematic CrossSection CORPORATION CORPORATION GB 462 GB 462 GB 462 W GB 462 4 2ST1 3 E 5 --16000' 16000' 1 Am p 1800 --18000' 18000' PBHL 0' Sd . --20000' 20000' PBHL Am p1 --22000' 22000' De ep…
  16. 2008 ANALYST REVIEW – Apache Corp – slide 16
    Geauxpher Prospect GB 462 CORPORATION CORPORATION 9 Currently Currently installing installing equipment equipment 9 Pipeline Pipeline installation: installation: 08/08 08/08 09/08 09/08 Umbilical Umbilical installation:…
  17. 2008 ANALYST REVIEW – Apache Corp – slide 17
    Ewing Bank 826 CORPORATION CORPORATION Field Field Profile Profile Discovery Discovery Date: Date: 1986 1986 Water Water Depth: Depth: 483 483 APA APA WI WI // NRI NRI 100.0% 100.0% // 83.3% 83.3% Operator Operator Apache…
  18. 2008 ANALYST REVIEW – Apache Corp – slide 18
    Ewing Bank 826 CORPORATION CORPORATION A-19 A-19 781 783 A-19 Sd. Prop Loc A-18 A-18 Prop Loc APA A-22 APA A-25 Prop Loc -12600 A-1 A Sd. APA A-24 A-19 -12400 A-1 A-2 823 A-18 827 B-1 A-21 826 B-1 I Sd. B-2…
  19. 2008 ANALYST REVIEW – Apache Corp – slide 19
    Ewing Bank 826 Arb Line 1 CORPORATION CORPORATION APA A-20 APA A- A-20 APA APA A- -18 AA-18 APA APA A- -19 AA-19 APA A-17 APA A- A-17
  20. 2008 ANALYST REVIEW – Apache Corp – slide 20
    Ewing Bank 826 Oil Production CORPORATION CORPORATION 7,000 Hurricane Downtime 6,000 A-22 5,000 A-20 A-21 4,000 A-19BP1 bopd 3,000 A-18 2,000 A-17 1,000 Base 0 Nov-08 Sep-08 Dec-08 Oct-08…
  21. 2008 ANALYST REVIEW – Apache Corp – slide 21
    Golden Meadow Field CORPORATION CORPORATION Field Field Profile Profile Discovery Discovery Date: Date: 1938 1938 Operator: Operator: Apache Apache WI WI // Avg Avg NRI: NRI: 100.0% 100.0% // 79.0% 79.0% All All Laterre…
  22. 2008 ANALYST REVIEW – Apache Corp – slide 22
    2700 Sd Structure Map CORPORATION CORPORATION Wells Drilled Laterre 306 Wells to be Drilled Laterre 303 Laterre 305 SL 378 2700 2700 Catfish Lake 144 ST1 2700 2700 Laterre Laterre303 303 Laterre313 313…
  23. 2008 ANALYST REVIEW – Apache Corp – slide 23
    Golden Meadow Oil Production CORPORATION CORPORATION bopd 3500 3500 Hurricane 2700 2700 Sand Sand Project Project Downtime 3000 Gross Gross Daily Daily Production Production (8 (8 wells): wells): 2,150 2,150 bopd…
  24. 2008 ANALYST REVIEW – Apache Corp – slide 24
    Golden Meadow 2700 Sd Structure CORPORATION CORPORATION Wells Drilled Wells to be Drilled Apache Leasehold LL&E 234 2700 Laterre Laterre306 306 Laterre313 Laterre 313 Laterre Laterre303 303 Laterre Laterre305…
  25. 2008 ANALYST REVIEW – Apache Corp – slide 25
    Eagleford Shale Play CORPORATION CORPORATION
  26. 2008 ANALYST REVIEW – Apache Corp – slide 26
    Eagleford Shale Play Type Log CORPORATION CORPORATION Shale Shale Characteristics Characteristics Hot Hot GR GR High High Resistivity Resistivity Mud Mud log log shows shows
  27. 2008 ANALYST REVIEW – Apache Corp – slide 27
    Eagleford Shale Continuity CORPORATION CORPORATION MADISON MILAM ROBERTSON BRAZOS GRIMES +52 m iles BURLESON s ile m 16 +1 LEE WASHINGTON BASTROP FAYETTE WALLER COLORADO Apache Properties…
  28. 2008 ANALYST REVIEW – Apache Corp – slide 28
    Eagleford Drilling Activity CORPORATION CORPORATION MADISON ROBERTSON Horizontal Well Drilled Horizontal Completed & Fracd Horizontal Currently Drilling BRAZOS MILAM Chachere 2H Reser-Sanders E-1 Childers 3H…
  29. 2008 ANALYST REVIEW – Apache Corp – slide 29
    Eagleford Production Profile CORPORATION CORPORATION Well Initial Rate Production Frac Type / Size Name bopd Giesenschlag Groce 2H 9 stage hybrid / 1,333,000 sand 305 Childers 3H 4 stage hybrid / 660,000 sand 170 Giesenschlag C…
  30. 2008 ANALYST REVIEW – Apache Corp – slide 30
    Eagleford Work Progress CORPORATION CORPORATION Improved acreage position Recovered multiple sets of whole cores Drilled grass roots horizontal wells with increasing lateral length Optimizing fracture stimulation Continuing…
  31. 2008 ANALYST REVIEW – Apache Corp – slide 31
    Future Cost Savings: Economy of Scale CORPORATION CORPORATION Multi-well pads Multi-well facilities Centrally located water pits for multiple pad usage Re-use of flowback water for fracs Reduction in KCL concentration for frac…
  32. 2008 ANALYST REVIEW – Apache Corp – slide 32
    Eagleford Oil Production Economics CORPORATION CORPORATION AFIT AFIT PV10 PV10 Breakeven Breakeven Price Price vs. vs. Reserves Reserves 160 160 140 Current 140 Current Cost Cost (8.1 (8.1 MM) MM) /bbl Price…
  33. 2008 ANALYST REVIEW – Apache Corp – slide 33
    Eagleford Potential CORPORATION CORPORATION Apache Apache will will earn earn deep deep right right under under EnerVests EnerVests 425,000 425,000 HBP HBP acres acres through through identified identified 2009 2009…
  34. 2008 ANALYST REVIEW – Apache Corp – slide 34
    Gulf Coast Growth Strategy CORPORATION CORPORATION Exploit Exploit & & Explore Explore 3D 3D Coverage Coverage Acreage Acreage Position Position Deep Deep Shelf Shelf Potential Potential Experienced Experienced…
  35. 2008 ANALYST REVIEW – Apache Corp – slide 35
    CORPORATION 2008 Analyst Review Jon Jeppesen Senior VicePresident Gulf Coast Region The following discussions contain certain forwardlooking statements as defined by the Private Securities Litigation Reform Act of 1995…

From the store

Browse maps, data & reports in the Shale Experts store