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Apache Reports New Field Discoveries, Development Lease Approvals And First Horizontal Completion In Egypt's Western Desert
Apache Corporation (NYSE, Nasdaq: APA) said today that recent drilling results, approval of three new development leases and expanded natural gas processing facilities in the West Kalabsha area have set the stage for continued growth and investment in Egypt's Western Desert in 2014. Apache operates in Egypt in partnership with Sinopec International Petroleum Exploration and Production Corporation, which owns a one-third minority interest in Apache's Egypt oil and gas business.

date.png31 Jan 2014 12:25 | comments.png 0 Comments | tags.png africa apache egypt upstream [ More ]

CEPSA farms into Suriname Block 53
Apache Corporation said today that CEPSA Suriname S.L., a Spanish company, has farmed in to a 25-percent participating interest in Suriname's Block 53, a 867,117-acre (3,509 km2) area located in 1,640-5,900 feet (500-1,800 meters) of water about 80 miles (130 km) offshore.

date.png12 Dec 2013 11:49 | comments.png 0 Comments | tags.png apache cepsa s-america suriname upstream [ More ]

Apache Completes Sale Of Gulf of Mexico Shelf Assets To Fieldwood Energy
Apache Corporation (NYSE, Nasdaq: APA) today announced it has completed the previously announced sale of its Gulf of Mexico Shelf operations and properties to Fieldwood Energy LLC, a portfolio company of Riverstone Holdings, for $3.75 billion in cash (subject to customary post-closing adjustments) and assumption of liabilities for future abandonment costs of the properties with a discounted value of $1.5 billion.

date.png01 Oct 2013 19:41 | comments.png 0 Comments | tags.png apache gofm n-america top upstream usa [ More ]

Apache To Sell Selected Canadian Oil And Gas Assets For $112 Million In Two Transactions
Apache Corporation (NYSE, Nasdaq: APA) announced today it has agreed to sell certain oil and gas producing properties in Canada in two separate transactions with a combined value of US$112 million (CAN$117 million).

date.png18 Sep 2013 07:06 | comments.png 0 Comments | tags.png apache canada n-america upstream [ More ]

Apache's Latest Horizontal Well At North Sea Bacchus Field Pushes Field Production To 17,600 Barrels Per Day
Apache Corporation (NYSE, Nasdaq: APA) said today that the third well in the Bacchus Field in the United Kingdom sector of the North Sea has pushed field production past 17,600 barrels of oil per day. Apache has a 50 percent interest in the field.

date.png02 Aug 2013 05:34 | comments.png 0 Comments | tags.png apache europe uk upstream [ More ]

Apache reports seven discoveries across Egypt's Western Desert
Apache Corporation (NYSE, Nasdaq: APA) today reported seven oil and gas discoveries that highlight the geologic and geographic diversity across the company's 9.7 million gross acres in Egypt's Western Desert.

date.png02 Aug 2013 05:30 | comments.png 0 Comments | tags.png africa apache egypt top upstream [ More ]

Apache To Sell Gulf Of Mexico Shelf Assets For $3.75 Billion
Apache Corporation (NYSE, Nasdaq: APA) announced today it has agreed to sell its Gulf of Mexico Shelf operations and properties to Fieldwood Energy LLC (Fieldwood), an affiliate of Riverstone Holdings, for cash proceeds of $3.75 billion. In addition, Fieldwood will assume all asset retirement obligations for these properties, which, as of June 30, 2013, Apache estimated at a discounted value of approximately $1.5 billion. Apache will retain 50 percent of its ownership interest in all exploration blocks and in horizons below production in developed blocks, where high-potential deep hydrocarbon plays are being tested.

date.png19 Jul 2013 08:25 | comments.png 0 Comments | tags.png apache deals fieldwood gofm n-america top upstream usa [ More ]

Apache confirms gas discovery at Bianchi-1 offshore Western Australia
Apache Corporation (NYSE, Nasdaq: APA) announced today that its Australian subsidiary has confirmed a natural gas discovery at its operated Bianchi-1 well in Retention Lease WA-49-R, located in the Carnarvon Basin offshore northwest Australia.

date.png17 Jul 2013 08:21 | comments.png 0 Comments | tags.png apache australia upstream [ More ]

Apache Announces First Oil From The North Sea's Tonto Field; Initial Production Flow Exceeds 10,000 Barrels Per Day
Apache Corporation (NYSE, Nasdaq: APA) today announced that its Tonto oil field in the United Kingdom sector of the North Sea commenced production on April 24, 2013. Tonto-1, the first producing well, came on stream at an initial rate of 10,346 barrels of oil per day. Apache holds a 100-percent working interest in the Tonto Field.

date.png03 May 2013 19:11 | comments.png 0 Comments | tags.png apache europe north-sea uk upstream [ More ]

Foster Wheeler Awarded Technical Consultancy Services Contracts by Apache Khalda for the Qasr Compression Project in Egypt
Foster Wheeler AG (Nasdaq: FWLT) announced today that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by Apache Khalda Corporation LDC (Apache Khalda) for the provision of technical consultancy services to oversee the engineering, procurement and construction (EPC) phase of the Qasr Compression Project in Egypt. The Qasr Compression Project will provide additional compression to the existing facilities at the Qasr gas condensate field, in the Western Desert, approximately 525km west of Cairo.

date.png11 Apr 2013 08:39 | comments.png 0 Comments | tags.png africa apache egypt engineering foster-wheeler services [ More ]
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