Apache is a leader in the development of unconventional resources with leading positions in several highly prospective resource plays in North America, including two new plays where the company has a first-mover advantage – the Bakken play in the western Williston Basin of Montana and the Mississippian Lime play in Kansas and Nebraska.
Apache has leased more than 580,000 net acres in the Mississippian Lime play in Kansas and Nebraska. The company expects horizontal drilling will be effective in the Mississippian Lime – a good porous limestone – as well as shallower Cherokee and upper Pennsylvanian sections.
In the Williston Basin, Apache achieved first-mover status with more than 300,000 net acres in Daniels County, Montana, with approximately 1,900 drilling locations in the Bakken and Three Forks formations with estimated recovery of approximately 1 billion barrels.
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