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. In addition to its interest in several deepwater exploration and development offshore leases, when the company sold in 2013 substantially all of its offshore assets in water depths less than 1,000 feet, it retained a 50-percent ownership interest in all exploration blocks and in horizons below production in development blocks and access to existing infrastructure. Apache’s offshore technical teams continue to focus on evaluating subsalt and other deeper exploration opportunities in water depths less than 1,000 feet where high-potential deep hydrocarbon plays may exist and which have been relatively untested by the industry, where high-potential deep hydrocarbon plays may exist. During 2017, Apache’s Gulf of Mexico Region contributed 6.1 Mboe/d to the company’s total production.

U.S. GULF OF MEXICO OPERATIONAL HIGHLIGHTS

  Second-QUARTER
2018
Second-QUARTER
2017
Oil production (Bpd) 3,743 3,983
Total liquids production (Bpd) 4,036 4309
Natural gas production (Mcfd) 8,881 12,063
Barrels of oil equivalent per day 5,516 6,319

 

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