Altus Midstream Announces First Cryogenic Processing Train in Service at Alpine High
May 30, 2019
Altus Midstream Announces First Cryogenic Processing Train in Service at Alpine High
In World’s Top Oil Play, a Driller Bets Big on Gas Liquids
May 14, 2019
From Bloomberg A ride through the Permian Basin’s little-drilled southwest corner looks a bit like the rest of the shale patch. Mesquite dots the dry landscape, and bumpy oilfield roads link well sites to the main highways. But there are a couple of big differences: The drilling rights to about 300,000 acres in the field belong to a single company,
Apache Stops Oil Drilling at Alpine High
February 28, 2019
New Alpine High development targets rich gas, NGLs By Richard Rostad, analyst, Oil & Gas 360 Apache Corporation (ticker: APA) reported fourth quarter results and reserves today, showing a net loss of $381 million, or ($1.00) per share. This result was impacted by several impairments, and if these and other special charges are excluded Apache’s Q4 income totaled $119 million,
Apache Dedicates Alpine High NGLs to Enterprise
May 25, 2018
Enterprise Products Partners L.P. (NYSE: EPD) and Apache Corporation (NYSE and NASDAQ: APA) executed a long-term agreement, in which Apache is committing 100 percent of its Alpine High natural gas liquids (“NGLs”) to Enterprise. Apache has 336,000 net acres in its Alpine High discovery in the Delaware Basin. Enterprise has committed to accept a minimum of 205,000 barrels per day
Apache: Building Up the Delaware
August 4, 2017
Apache Corp. (ticker: APA) announced its second quarter results and operational updates August 3rd, and reported an average production of 388,000 BOEPD. The company earned $572 million during Q2. Apache’s North American production totaled 244,000 BOEPD—where it averaged 18 rigs, and completed 36 gross wells. The Permian assets produced 146,000 BOEPD. In the Delaware Alpine High location, Apache continued testing
