Apache exited July with a net production of about 54,000 barrels of oil equivalent per day (boe/d) at Alpine High. By 2020, that is expected to climb as high as 180,000 boe/d, with between 350 and 375 wells on production and between 425 and 450 wells drilled. The company plans to run between 10 and 11 rigs. admin September 8, 2016 Alpine High Shale No Comments Apache Corporation has announced a newly discovered oil and gas play in the Southwestern portion of the Permian Basin. The play is located in the Southern portion of Reeves County – near the Davis Mountain range. Apache Corp.’s Alpine High development is positioned to expand quickly next year and beyond as the Houston company strikes deals to help build new pipelines to carry oil and gas from West Texas Even though the Alpine High resource sits geographically beneath the same land into which previous operators have drilled for many decades, it is in fact a new field in terms of the hydrocarbons Here’s the kicker: based on the 9 test wells it has drilled to date, Apache believes that the oil and natural gas contained within its Alpine High target fairway is economic to produce at $40 The result is the discovery of the oil-rich Alpine High resource play in western Texas. Drilling down into Alpine High Apache's Alpine High is in the southern portion of the Delaware Basin, which
Apache Corporation looks well positioned to grow its earnings and cash flows in the future driven by higher production from Alpine High.The oil and rich gas field currently accounts for a The Houston-based company announced in September the new oil field, which stretches largely across the bottom of Reeves County, near Balmorhea State Park. Apache estimated Alpine High Alpine Production. Alpine was the first North Slope field developed exclusively with horizontal well technology to access greater than 50 square miles of subsurface from a single drilling pad. It also employs Enhanced Oil Recovery (EOR) through waterflooding and miscible gas injection. Its one-day production record was 139,000 barrels in 2007. Combined with multi-well pad drilling and revenue uplift expected from oil and NGLs present in the wet gas play, Alpine High is anticipated to generate strong cash margins and a competitive recycle ratio when compared to other Permian operations. In addition to activity in Alpine High, the Permian region drilled or participated in 184 wells in
Steve Keenan is, to put it mildly, a high-energy individual. Apache Corporation's Senior Vice President for Worldwide Exploration, he is a 40-year veteran of the oil 27 Feb 2020 drills for oil and gas near the Davis Mountains in West Texas. The Alpine High play in the Permian Basin has produced disappointing results for 23 Apr 2019 Planned rig count and well completions are unchanged, and the company is reiterating its year-end 2019 Alpine High exit rate guidance of more 27 Feb 2020 While much of the desert to the north and east is dotted with pump jacks, the irrigated fields atop much of Alpine High showed few signs of any oil Apache Corporation is an oil and gas exploration and production company with Apache's Alpine High acreage lies in the southern portion of the Delaware 8 Sep 2016 Apache discovered a giant oil field in Texas and its shares are leaping field it calls "Alpine High," most of which is in Reeves County, Texas. 27 Feb 2020 "When Alpine High was announced in 2016, we had great hope for what it could mean for Apache, [but] in the end, a number of factors were
4 Sep 2018 In the oil and gas business, most of these new discoveries are met with skepticism Current rig activity and permit activity in Alpine High Area. 10 Sep 2016 It called the field Alpine High. Alpine High is located in the Delaware Basin, which is a sub-basin in the southwest corner of the Permian Basin.
Nigeria is one of the world's leading oil and gas zones, with substantial gas reserves, and significant opportunities to utilize gas for various high-impact Unlike other "hot" oil plays such as the Bakken, the Permian contains greater to the Texas Railroad Commission (which regulates the state's oil and gas activity), intervals, most of them are significantly oil weighted and yield high-BTU gas. 26 Sep 2016 Apache has announced that it is sitting on as much as 75 trillion cubic feet of rich gas and 3 billion barrels of oil under 352000 acres in southern