Company report

Apache oil and gas exploration summary

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Contact us about this report

Report summary

Apache has historically operated as a mature asset specialist with a moderately risk averse strategy. It used an "acquire exploit and explore" model to drive growth and generally pursued a cyclical approach to deal activity. Exploration and appraisal (E&A) activity has focused on assets acquired in 2010 in the US Gulf of Mexico and Egypt Western Desert. However in 2013 a new exploration leadership team re focused on near field exploration and unconventional resource plays. Apache has repositioned its portfolio to concentrate investment in advantaged high returning cash generative assets. It has built a sizeable position in the Permian Mid Continent and Gulf Coast basins and these provide a large drilling inventory.

What's included

This report contains

  • Document

    Apache.xls

    XLS 660.50 KB

  • Document

    Apache oil and gas exploration summary

    PDF 677.27 KB

  • Document

    Apache oil and gas exploration summary

    ZIP 897.14 KB

Table of contents

  • Executive summary
  • Strategy
  • Investment and costs
  • Exploration
  • Reserves and resources
  • Production
  • Valuation

Tables and charts

This report includes 26 images and tables including:

Images

  • Basins drilled and major discoveries 2006-2015
  • Exploration & appraisal spend and reinvestment
  • Exploration & appraisal spend by water depth
  • Exploration & appraisal spend by basin maturity
  • Discovery costs by water depth
  • Volumes discovered by year
  • Volumes discovered by water depth
  • Volumes discovered by country
  • Volumes discovered by basin
  • Net active exploration acreage by water depth
  • Net active exploration acreage by country
  • Exploration wells drilled and spend per well
  • Exploration success rates
  • Production: Image 1
  • Full cycle value creation by year (conventional only)
  • Full cycle value creation by year, with uncons & DROs
  • Exploration returns by year (conventional only)
  • Exploration returns by year, with uncons
  • Value creation by reserve category
  • Value creation by water depth

Tables

  • Ten year performance summary
  • Top 40 discoveries (2006 to 2015)
  • Key organic unconventional plays
  • Full-cycle economics
  • SWOT Grid
  • Gross exploration & appraisal wells by basin and sector

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898