Midcontinent and Gulf Coast

Central region

The Midcontinent/Gulf Coast Region includes the Granite Wash, Tonkawa, Canyon Lime, Marmaton and Cleveland formations of the West Anadarko Basin, the Woodford-SCOOP and stack plays located in central Oklahoma, and the Eagle Ford shale in southeast Texas. The region includes 2.6 million gross acres and over 3,200 producing wells primarily in western Oklahoma, the Texas Panhandle and South Texas. In 2016, the region accounted for 11 percent of the company’s production and approximately 9 percent of the company’s year-end estimated proved reserves.

In 2016, Apache drilled or participated in drilling 35 wells with a 94-percent success rate. Activity was focused primarily in the Woodford-SCOOP and Canyon Lime formations. In 2017, Apache plans to run a targeted program, drilling four wells in the Woodford-SCOOP play. In addition, the region will continue its focus on high grading acreage and building its inventory of future drilling locations.

U.S. MIDCONTINENT/GULF COAST OPERATIONAL HIGHLIGHTS

  Fourth-QUARTER
2016
Fourth-QUARTER
2015
Oil production (Bpd) 11,697 21,735
Total liquids production (Bpd) 26,070 41,121
Natural gas production (Mcfd) 132,141 167,549
Barrels of oil equivalent per day 48,093 69,045

 

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