Apache Restores Essentially All Gulf Production
Apache has restored essentially all of its Gulf of Mexico production following last weekend's passage of Hurricane Dennis.
Apache's daily gross operated production averaged 650 million cubic feet of natural gas and 65,000 barrels of liquid hydrocarbons prior to the storm. As of noon, Saturday, July 9, Apache had shut in approximately 70 percent of its gas production and almost all of its oil production.
The company began to repopulate its platforms on Sunday, July 10, and completed the process by late Monday, July 11. Damage to the platforms was minimal.
Operates 3 Offshore Rigs
- Ancala Acquires Apache's Two North Sea Gas Pipeline Assets (Nov 20)
- Apache Raises North America Output Forecast, Swings To Profit (May 04)
- Oil Producer Apache Posts Smaller-Than-Expected Loss (Nov 03)