About Apache drilling rig in canada
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6 FAQs about [Apache drilling rig in canada]
Is Apache a Canadian company?
Apache Corp., Houston, is selling all of its Canadian assets in three deals totaling $713 million, or $927 million (Can.). Combined second-quarter production from the assets averaged 300 MMcfd of gas equivalent, two thirds of which was natural gas.
How much did Apache sell to Paramount Resources?
In the largest of the three deals, Apache has agreed to sell subsidiary Apache Canada Ltd. to Paramount Resources Ltd., Calgary, for about $354 million, or $459.5 million (Can.). The deal, expected to close in August, includes 1.6 million net acres and developments at Wapiti, Kaybob-Ante Creek, and central Alberta.
How much gas does Apache Canada produce in the Kaybob-Ante Creek area?
Apache Canada’s Kaybob-Ante Creek area includes 312,000 net acres targeting liquids-rich gas production from the Duvernay, Montney, and various Cretaceous horizons, including 24,000 net acres of core Duvernay rights. Production from the Kaybob area during the first quarter was 20,000 boe/d, including 20% liquids volumes.
Is Apache a subsidiary of APA?
Apache is a subsidiary of APA Corporation The natural landscapes of Texas are full of variety, from deserts and canyons to forests and prairies... Apache’s workforce on its North Sea offshore platforms have raised more than £4 million over the past 14 years... Employees in Houston and Aberdeen gathered during the months of March and April...
What is Apache Canada's Wapiti area?
Apache Canada’s Wapiti area includes 45,800 net acres of Montney rights in the core of the overpressured, liquids-rich fairway in the Alberta Deep basin. Paramount says it’s ready to commence a large-scale development of the resources and add new production in mid-2019 when a new third-party processing facility is completed.
How much did Apache Energy make in the first quarter?
Production during the first quarter was 14,000 boe/d, including 38% liquids volumes. The second deal by Apache comprises its sale, completed in June, of assets in the Weyburn-Midale area of southeast Saskatchewan and in the House Mountain area of Alberta to Cardinal Energy Ltd., Calgary, for about $230 million, or $300 million (Can).