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US Upstream week in brief: High expectations for Apache's Permian discovery


US Upstream week in brief: High expectations for Apache's Permian discovery

Report summary

Apache announces exciting new well results around the Alpine High discovery. Our North America Well Analysis Tool shows cumulative production from the best wells in the area tracking at an impressive rate, and we have lowered our breakeven estimate of the acreage by $0.50/mcf in response to the success. Apache plans to spend two-thirds of its 2017 Capex in the Permian and building out Alpine High midstream infrastructure. Other stories covered this week include:

  • EOG moves substanial portion of remaining resource to 'premium' inventory category
  • Wolfcamp C results are outperforming for Parsely Energy in Glasscock area of Midland Basin
  • Continental boosts SCOOP footprint by 300,000 reservoir acres with Sycamore developments

What's included?

This report includes 1 file(s)

  • US Upstream week in brief: High expectations for Apache's Permian discovery PDF - 4.38 MB 10 Pages, 0 Tables, 11 Figures

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • Top stories of the week
  • Number of the week
  • Upcoming events
  • US oil & gas dashboard

In this report there are 11 tables or charts, including:

  • Top stories of the week
    • US Upstream week in brief: High expectations for Apache's Permian discovery: Image 2
    • US Upstream week in brief: High expectations for Apache's Permian discovery: Image 3
    • US Upstream week in brief: High expectations for Apache's Permian discovery: Image 4
    • US Upstream week in brief: High expectations for Apache's Permian discovery: Image 5
    • US Upstream week in brief: High expectations for Apache's Permian discovery: Image 6
  • Number of the week
    • US Upstream week in brief: High expectations for Apache's Permian discovery: Image 7
  • Upcoming events
    • US Upstream week in brief: High expectations for Apache's Permian discovery: Image 8
  • US oil & gas dashboard
    • US Upstream week in brief: High expectations for Apache's Permian discovery: Image 9
    • Horizontal rig count stats and deep water rigs
    • US Upstream week in brief: High expectations for Apache's Permian discovery: Image 11
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