October 11, 2018 – Hart Energy E&P
Apache CEO Shares Insight On Permian’s Alpine High
By Velda Addison
HOUSTON—When Apache Corp. (NYSE: APA) stepped into the Delaware Basin’s Alpine High area in 2015, the company’s perceptions did not come off as a ringing endorsement: complex geology with uneconomic dry gas, infrastructure assets with minimal value and a lack of endorsement from the industry.
But today’s reality, as outlined by Apache CEO John Christmann, has put those prior perceptions to rest.
“What we’ve proven today is we’ve got 6,000-ft column and multiple targets, high BTU gas and improving oil production as well and there is a lot of wet gas,” Christmann told a crowd gathered for RBN Energy’s PermiCon. “We now have decades of high-return inventory that we are excited about.”
Read the full article here: https://www.epmag.com/apache-ceo-shares-insight-permians-alpine-high-1718696
