Apache
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Layoffs have begun at Occidental Petroleum, which needs to slack costs after buying Anadarko, as well as Apache.
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A significant discovery of oil off Suriname increases the odds that major oilfields off Guyana will extend across that international boundary.
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Industry awaits the results of Apache’s Maka Central-1 exploratory well offshore Suriname, where high expectations follow the rapid exploration success of neighboring Guyana.
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Drilling change requires training drillers. Leadership matters, as does motivation, engaging displays, and understanding office politics. Four different looks at the human side of drilling productivity improvement.
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Sabine Pass Train 6 gets the nod, Bechtel gets the go-ahead for construction. Apache Corp. signed a deal with Cheniere to supply natural gas produced from its Permian Basin Alpine High area to the Corpus Christi LNG facility
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Startup comes 8 months after the initial discovery in March, marking the second successful tieback since 2017 to the Beryl Alpha platform in the UK North Sea.
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The rising oil production and produced water volumes in the Permian are expanding the scope and scale of recycling. Apache is aiming to have 50% of its hydraulic fracturing water made from recycled produced water this year.
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The rising oil production and produced water volumes in the Permian are expanding the scope and scale of recycling. Apache is targeting 50% of its frac water to be made up from recycled produced water this year.
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Early field tests suggest chemical treatments may be able to significantly increase production from unconventional formations.
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Fracturing reservoirs effectively can be like boxing. Moving in close enough to land a powerful punch often means a fighter has to take some hits. To effectively develop all the productive rock in a lease, new wells are drilled as close as possible to older ones, making frac hits inevitable.