Gulf of Mexico

Gulf of Mexico

The Gulf of Mexico region comprises assets in the offshore waters of the Gulf of Mexico and onshore Louisiana. Apache’s offshore technical teams continue to focus on subsalt and other deeper exploration opportunities in water depths less than 1,000 feet, which have been relatively untested by the industry. In addition to the exploration and development of properties in shallower water, Apache continues to pursue joint venture and other monetization opportunities for its deepwater prospects, which offer exposure to significant reserve and production potential in underexplored and oil-prone areas in water depths greater than 1,000 feet. During 2015, Apache’s Gulf of Mexico region contributed 9.2 thousand barrels of oil equivalent per day to the company’s total production.

U.S. GULF OF MEXICO OPERATIONAL HIGHLIGHTS

  THIRD-QUARTER
2016
THIRD-QUARTER
2015
Oil production (Bpd) 4,791 5,878
Total liquids production (Bpd) 5,379 6,582
Natural gas production (Mcfd) 16,476 19,520
Barrels of oil equivalent per day 8,125 9,835

 

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