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2013 2nd Quarter
EARNINGS RELEASE OPERATIONS SUPPLEMENT
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
TABLE OF CONTENTS Overview ............................................................................................................................................................................... 2
NORTH AMERICA .............................................................................................................................................................. 5
Permian......................................................................................................................................................................... 5
Central .......................................................................................................................................................................... 8
Gulf Coast Onshore ..................................................................................................................................................... 11
Gulf of Mexico Shelf.................................................................................................................................................... 13
Gulf of Mexico Deepwater .......................................................................................................................................... 14
Canada ........................................................................................................................................................................ 15
INTERNATIONAL ............................................................................................................................................................. 18
Egypt ........................................................................................................................................................................... 18
Australia ...................................................................................................................................................................... 21
North Sea .................................................................................................................................................................... 23
Argentina .................................................................................................................................................................... 24
1
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
NOTICE TO INVESTORS This operations supplement contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and, whenever possible, are identified by
use of the words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects” and similar references to
future periods. Any matters that are not historical facts are forward-looking and, accordingly, involve estimates, assumptions, risks
and uncertainties, including, without limitation, our assumptions about the market prices of oil, natural gas, NGLs and other
products or services, our commodity hedging arrangements, the supply and demand for oil, natural gas, NGLs and other products or
services, production and reserve levels, drilling risks, economic and competitive conditions, the availability of capital resources,
capital expenditure and other contractual obligations, and our ability to complete, test and produce the wells identified in this
supplement. Because such statements involve risks and uncertainties, Apache’s actual results and performance may differ
materially from the results expressed or implied by the forward-looking statements contained in this Supplement. Other important
factors that could cause actual results to differ materially from expected results are described in “Risk Factors” in our most recently
filed Annual Report on Form 10-K, recent Quarterly Reports on Form 10-Q and amendments thereto, available on our Web site and
in our other public filings and press releases. There is no assurance that Apache's expectations will be realized, and readers are
cautioned not to place undue reliance on forward looking statements, which speak only as of the date hereof. Unless otherwise
required by law, we assume no duty to update these statements as of any future date.
Cautionary Note to Investors: The United States Securities and Exchange Commission ("SEC") permits oil and gas companies, in their
filings with the SEC, to disclose only proved, probable, and possible reserves that meet the SEC's definitions for such terms. Apache
may use certain terms in this operational update supplement, such as “resources,” “potential resources,” “resource potential,”
“reserves potential,” and other similar terms that the SEC guidelines strictly prohibit Apache from including in filings with the SEC.
Such terms do not take into account the certainty of resource recovery, which is contingent on exploration success, technical
improvements in drilling access, commerciality and other factors, and are therefore not indicative of expected future resource
recovery and should not be relied upon. Investors are urged to consider carefully the disclosure in Apache’s Annual Report on Form
10-K for the fiscal year ended December 31, 2012, available from Apache at www.apachecorp.com or by writing Apache at: 2000
Post Oak Blvd., Suite 100, Houston, Texas 77056 (Attn: Corporate Secretary). You can also obtain this report from the SEC by calling
1-800-SEC-0330 or from the SEC's website at www.sec.gov.
Certain information provided in this supplement includes financial measurements that are not required by, or presented in
accordance with, generally accepted accounting principles (GAAP), including these measures: adjusted earnings, pre-tax margin, and
cash from operations. These non-GAAP measures should not be considered as alternatives to GAAP measures, such as net income or
cash from operating activities, and may be calculated differently from, and therefore may not be comparable to, similarly titled
measures used at other companies. Reconciliation to the most directly comparable GAAP financial measure has been provided.
None of the information contained in this document has been audited by any independent auditor. This supplemental document is
prepared as a convenience for securities analysts and investors and may be useful as a reference tool. Apache intends to continue to
publish this supplement in conjunction with our quarterly earnings release, but may elect to modify the format or discontinue
publication at any time, without notice to securities analysts or investors.
2
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
APACHE WORLDWIDE OPERATIONS
Overview Focused North America onshore program yielding significant production
growth; North America onshore liquids production grew 6 percent over the
first quarter 2013 and 42 percent over the second quarter 2012
Apache averaged 116 rigs world-wide during the second quarter, 73 of which were onshore North American rigs.
The company completed 343 gross wells during the quarter.
248, or 72 percent, of the gross wells completed were located onshore North America and were drilled with a 99
percent success rate.
North America onshore regions, which include Permian, Central, Gulf Coast Onshore and Canada, collectively grew
liquids production 6 percent over the first quarter of 2013 (24 percent on an annualized basis) to 175 Mbbls per
day.
The Permian and Central regions were the main drivers of North America onshore liquids growth.
These two regions drilled 215 gross wells, or 63 percent of the total.
Permian and Central combined to grow liquids production 8,000 barrels per day over the first quarter of 2013,
or 6 percent, to over 136 Mbbls per day, which represented 32 percent of total worldwide liquids production.
Combined total production from the Permian and Central regions was 214 Mboe per day, representing over 27
percent of total company production.
Total worldwide net daily production of oil, natural gas, and natural gas liquids averaged 790 Mboe per day in the
second quarter with liquids production comprising 54 percent of the total.
3
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
12%
15%
4%
14%13%
2%
19%
9%
7% 5%
40% 41%
12%7%
SECOND-QUARTER PRODUCTION BY REGION
790 Mboe/d
North America International Liquids Natural Gas
Australia Argentina
Canada
Permian
Central
GOM Shelf
GOM DW GC Onshore
North Sea
Egypt
SECOND-QUARTER PRODUCTION BY PRODUCT
790 Mboe/d
SECOND-QUARTER REVENUE BY PRODUCT
$4.1 Billion
International Liquids
North American
Liquids
North American Gas
International Gas
International Liquids $1.7 Bn
North American
Liquids $1.7 Bn
North American Gas
$0.5 Bn
International Gas
$0.3 Bn
N.A. Onshore
45%
24% 30%
29%
17%
4
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
2Q
2012
2Q
2013
Inc
(Dec)
% Inc
(Dec)
Total Company 774 790 16 2%
Total Company - Egypt Without Tax 727 751 24 3%
Total Excluding Egypt 616 642 26 4%
North Sea 79 73 -6 -8%
% Liquids 50% 54%
GOM Offshore 113 112 -1 -1%
Other International Regions 116 100 -16 -14%
U.S. Onshore Gas 83 95 12 14%
42%N.A. Onshore Liquids 123 175 52
-15%Canada Gas 102 87 -15
0
100
200
300
400
500
600
700
800
900
2Q 2012 2Q 2013
MBOE/D
56
91
104
123
0
20
40
60
80
100
120
140
160
180
200
220
2Q 2012 2Q 2013
7090
21
46
0
20
40
60
80
100
120
140
160
180
200
220
2Q 2012 2Q 2013
2Q 2012 VERSUS 2Q 2013 PRODUCTION COMPARSION
CENTRAL AND PERMIAN PRODUCTION
42%
16%
4%
31%
2% 774
616
790
642
160
214
91
136 Permian
Central Oil
Liquids
NGLs
57% % Liquids
123
175 206
270 308
357
65%
18%
29%
124%
727 751 3%
34%
50%
Total Production (Mboe/d) Liquids Production (Mbbls/d)
64%
5
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
NORTH AMERICA Permian Second-quarter 2013 production in the Permian Region averaged 123,246
Boe/d (74 percent liquids), increasing 18 percent over the second quarter
of 2012.
Production was affected by unplanned facility downtime resulting in
deferred production of approximately 2,070 Boe/d.
For the quarter, the Permian Region averaged 41 drilling rigs, spud 214
gross wells (excluding injector wells) of which 58 were horizontal and
completed 128 gross (102 net) wells.
In addition to Deadwood, drilling at Barnhart is now leading the region in
production growth along with Yeso and Three Bar.
PERMIAN KEY STATS
Second-Quarter 2013
Q2 Production: 123,246 Boe/d
Q2 Wells Completed: 128 wells, 102 net
Q2 Wells Spud: 214 gross
Q2 Rigs: Avg 41 rigs
APACHE PERMIAN REGION ACREAGE AND KEY PLAYS
6
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Permian (Continued) MIDLAND BASIN VERTICAL Apache has an estimated 1.1 million gross acres (625,000 net) in the Midland Basin Vertical play area with an
estimated 1.7 Bboe of resource potential from over 17,800 identified drilling locations.
During the second quarter, Apache focused on building inventory in the vertical Fusselman play.
The Fusselman program has benefitted from utilizing high-graded 3D seismic and refocused interpretation.
Apache continues to focus on further core exploitation and expansion of the Fusselman potential to the northeast.
During the second quarter, four Fusselman wells averaged approximately 300 Boe/d (70% oil).
The Deadwood Plant continues to process at capacity and an additional delivery point has been upgraded to
increase capacity and effectively eliminate any gas takeaway constraints for the foreseeable future.
NORTHWEST SHELF - YESO Apache has approximately 105,000 gross acres (70,000 net) in the Yeso play with 1,800 identified locations and an
estimated 108 MMboe of resource potential.
During the second quarter of 2013, 27 new vertical wells were brought on production, and completion activity on
the eight horizontal wells drilled to date should commence in the third quarter.
Oil production from the 2013 Yeso drilling program doubled from approximately 1,500 Bo/d and 3.2 MMcf/d to approximately 3,000 Bo/d and 6.3 MMcf/d during the second quarter.
WOLFCAMP SHALE
Apache has an estimated 450,000 gross acres (345,000 net) prospective for Wolfcamp Shale development with an
estimated 347 MMboe of resource potential from 971 identified drilling locations.
Second-quarter 2013 activity was focused on the Barnhart area (Irion County) where six horizontal rigs drilled
Upper and Middle Wolfcamp laterals and a single vertical rig completed drilling delineation and test wells.
As of the end of the second quarter, Apache drilled 37 wells in 2013 and is expected to have drilled 83 wells by
year-end.
CLINE SHALE Apache has an estimated 650,000 gross acres (520,000 net) prospective for Cline Shale development with an
estimated 642 MMboe of resource potential from 2,300 identified drilling locations.
For 2013, 11 wells have been drilled targeting the Lower Cline in the Deadwood area and 28 additional wells are
planned for the remainder of the year.
Using one of the largest Cline Shale petrophysical databases in the industry, Apache has increased its Lower Cline
Shale inventory and continues to improve drilling results and well performance.
CENTRAL BASIN PLATFORM (CBP) Apache has an estimated 1.7 million gross acres (780,000 net) in the CBP with an estimated 690 MMboe of
resource potential from nearly 9,800 identified drilling locations.
In the Three Shallow Bar Unit, two additional drilling rigs were deployed for a total of three active drilling rigs
during the second quarter.
7
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Permian (Continued)
By the end of the second quarter, the Three Bar Shallow Unit had produced 548 Mbbls of oil with a combined
average rate of 2,975 Bo/d and 6,200 Mcf/d from seven completed wells.
Four remaining wells will be spud during the third quarter to complete the first phase of development.
PERMIAN WELL HIGHLIGHTS
Second-Quarter 2013
PLAY/TARGET WELL NAME TVD LATERAL IP (30-Day)
Midland Basin – Wolfberry Augusta Barrow 2301 11,100’ N/A 248 Boe/d
Midland Basin – Fusselman ED Books 35 #9 10,460’ N/A 362 Boe/d
Eagle 36 #1 10,417’ N/A 336 Boe/d
Midland Basin – Wolfwood Woodpecker 36 #2 10,450’ N/A 310 Boe/d
Heidi 37 #3 10,185’ N/A 223 Boe/d
Midland Basin – Lower Cline (Hz) Hammerhead 33 #4 9,330’ 4,445’ 286 Boe/d
Midland Basin – Upper Wolfcamp (Hz) Sugg 1110 H31U 6,276’ 7,800’ 422 Boe/d
Sugg 1110 H51U 6,276’ 7,800’ 454 Boe/d
Central Basin Platform – Wichita Albany (Hz) Three Bar SU #113H 7,085’ 6,000’ 1,012 Boe/d (tested)
Northwest Shelf - Yeso A State 56 6,384’ N/A 211 Boe/d
8
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Central Second-quarter 2013 production in the Central Region was 90,888 Boe/d,
up 5.4 percent over the first quarter of 2013 and up 65 percent over the
second quarter of 2012.
Liquids production increased 12 percent over the first quarter of 2013 to
45 Mbbl/d, up nearly three times over second quarter of 2012.
Liquids now make up nearly half of the region’s total production.
For the quarter, the Central Region averaged 28 drilling rigs and drilled 87
gross (62 net) wells.
Apache continues to work numerous plays across its 1.9 million gross acreage position focusing on the liquids-rich
Granite Wash and the oily Tonkawa, Marmaton, Cottage Grove, Cleveland and Canyon Wash plays.
CENTRAL WELL HIGHLIGHTS
Second-Quarter 2013
PLAY/TARGET WELL NAME COUNTY, ST TVD IP
Cleveland Flathers 232 #1H Ochiltree, TX 7,783’ 699 Bo/d, 1,135 Mcf/d
Mekeel 303 #3H Ochiltree, TX 7,530’ 665 Bo/d, 500 Mcf/d
Tonkawa
Chenette 2-9H Roger Mills, OK 8,701’ 621 Bo/d, 703 Mcf/d
Woodie 1-25H Roger Mills, OK 8,437’ 446 Bo/d, 407 Mcf/d
Beavin #2-13H Roger Mills, OK 9,138’ 468 Bo/d, 677 Mcf/d
Allen 2-15 Roger Mills, OK 8,538’ 384 Bo/d, 814 Mcf/d
Canyon Wash Boys Ranch 116 #10 Oldham, TX 9,596’ 984 Bo/d, 1,300 Mcf/d
Bivins-LIT 115R Oldham, TX 9,677’ 1,237 Bo/d, 1,000 Mcf/d
Marmaton
Bessie Unit 1-1H Roger Mills, OK 9,329’ 346 Bo/d, 1,514 Mcf/d
Mamie 5-4HC-N Roger Mills, OK 11,225’ 414 Bo/d, 8,400 Mcf/d
Burns Family Trust 1-3H Roger Mills, OK 11,150’ 689 Bo/d, 7,000 Mcf/d
Hawkins #1-6H Roger Mills, OK 11,127’ 713 Bo/d, 10,055 Mcf/d
Marmaton Wash Webb Trust 1-1H Beckham, OK 12,937’ 686 Bo/d, 7,633 Mcf/d
Smith 2-17H Beckham, OK 13,101’ 440 Bo/d, 6,076 Mcf/d
Sweetwater Tyler 55 7H Wheeler, TX 11,536’ 355 Bo/d, 2,149 Mcf/d
Cottage Grove Stiles 3 #23-3H Wheeler, TX 10,641’ 644 Bo/d, 874 Mcf/d
Granite Wash Moore 62 SL 11H Wheeler, TX 13,116 144 Bo/d, 3,900 Mcf/d
Bartz 19 SL #25-19H Wheeler, TX 13,981 103 Bo/d, 4,500 Mcf/d
CENTRAL KEY STATS
Second-Quarter 2013
Q2 Production: 90,888 Boe/d
Q2 Wells: 87 wells, 62 net
Q2 Rigs: Avg 28 rigs
9
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Central (Continued)
GRANITE WASH Apache holds approximately 828,000 gross (418,000 net) acres prospective for the Granite Wash with an
estimated resource potential of 4.5 Bboe from 22,800 drilling locations.
Second-quarter 2013 production in the Granite Wash was 31,673 Boe/d (48 percent liquids).
During the quarter, Apache drilled and completed 22 gross (16 net) Granite Wash wells, for a total of 495 gross
(217 net) wells now on production in the play.
TONKAWA Apache holds an estimated 810,000 gross (310,000 net) acres prospective for the Tonkawa with an estimated
resource potential of 202 MMboe from 2,800 drilling locations.
Second-quarter 2013 production in the Tonkawa was 8,791 Boe/d (70 percent liquids).
During the quarter, Apache drilled and completed 25 gross (15 net) Tonkawa wells, for a total of 380 gross (156
net) wells now on production in the play.
APACHE CENTRAL REGION ACREAGE AND KEY PLAYS
10
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Central (Continued)
MARMATON Apache holds an estimated 662,000 gross (512,000 net) acres in the Marmaton with an estimated resource
potential of 161 MMboe from 1,593 drilling locations.
Second-quarter 2013 production in the Marmaton was 12,532 Boe/d (49 percent liquids).
During the quarter, Apache drilled and completed 10 gross (five net) Marmaton wells, for a total of 123 gross (56
net) wells now on production in the play.
CLEVELAND Apache holds an estimated 768,000 gross (438,000 net) acres in the oil-rich Cleveland play with an estimated
resource potential of 195 MMboe from 2,302 drilling locations.
Second-quarter 2013 production in the Cleveland was 4,292 Boe/d (70 percent total liquids / 75 percent oil).
During the quarter, Apache drilled and completed eight gross (seven net) Cleveland wells, for a total of 188 gross
(72 net) wells now on production in the play.
COTTAGE GROVE Apache holds an estimated 238,000 gross (100,000 net) acres in the oil-rich Cottage Grove.
Second-quarter 2013 production in the Cottage Grove was 4,343 Boe/d (81 percent liquids / 63 percent oil).
During the quarter, Apache drilled and completed seven gross (six net) Cottage Grove wells, for a total of 36 gross
(19 net) wells now on production in the play.
CANYON WASH Apache holds an estimated 147,000 gross (~100,000 net) acres prospective for the Canyon Wash in the Bivins
Ranch area (Whittenburg Basin) with an estimated 101 MMboe of resource potential from 1,016 drilling locations.
Second-quarter 2013 production in the Canyon Wash was 3,506 Boe/d (81 percent liquids / 62 percent oil).
During the quarter, Apache drilled and completed six gross (three net) Canyon Wash wells, for a total of 19 gross
(11 net) wells now on production in the play.
11
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Gulf Coast Onshore Second-quarter 2013 production in the Gulf Coast Onshore Region
averaged 30,998 Boe/d, 4 percent higher than the first quarter of 2013
and 23 percent higher than the second quarter of 2012.
Gas production grew during the second quarter to 107 MMcf/d,
primarily due to increasing gross gas sales at Atchafalaya Bay Field.
Year-to-date at Atchafalaya Bay Field, gross gas capacity has increased
by 60 MMcf/d to 200 MMcf/d.
Increases in oil production were driven by new drilling activity in the South Pass 24 field, along with positive results
from drilling activity at the Golden Meadow Field.
Apache averaged two operated drilling rigs and two non-operated rigs while drilling a total of 23 gross (22 net)
wells.
GULF COAST ONSHORE KEY STATS
Second-Quarter 2013 Q2 Production: 30,998 Boe/d
Q2 Wells: 23 wells, 22 net
Q2 Rigs: Avg 2 rigs
APACHE GULF COAST ONSHORE REGION ACREAGE AND KEY PROJECTS
12
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Gulf Coast Onshore (Continued)
GULF COAST ONSHORE WELL HIGHLIGHTS Second-Quarter 2013
PLAY/TARGET WELL NAME TD IP
Upper Miocene S/L 2485 U-19 # 3ST 8,850’ 100 Bo/d, 4,000 Mcf/d
Vicksburg Slick State B #14 7,093’ 10 Bo/d, 1,700 Mcf/d
Golden Meadow Field
Laterre #337 2,840’ 211 Bo/d, 41 Mcf/d
LL&E #249 2,846’ 151 Bo/d, 314 Mcf/d
Laterre #341 2,892’ 165 Bo/d, 18 Mcf/d
13
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Gulf of Mexico Shelf Second-quarter 2013 production in the Gulf of Mexico Shelf was 99,082
Boe/d, an 8 percent increase from the first quarter of 2013.
During the quarter, Apache averaged six rigs and drilled a total of five
operated wells.
Apache’s shallow-water sub-salt exploration play, the Heron well (Main
Pass Block 295), is currently preparing to drill out from casing run to
10,510 feet MD / 10,500 feet TVD, targeting multiple sands trapped
against a salt dome. The well has initially encountered 76 feet of net oil pay in two sands, as identified with
wireline logging equipment. Drilling continues toward deeper primary targets with a proposed depth of 20,000
feet TVD.
WAZ and short cable seismic acquisitions will continue to enhance imaging to aid the exploration / exploitation of
the emerging sub-salt play.
GOM SHELF KEY STATS Second-Quarter 2013
Q2 Production: 99,082 Boe/d
Q2 Wells: 7 wells, 5 net
Q2 Rigs: Avg 6 rigs
APACHE GULF OF MEXICO SHELF REGION LEASEHOLDS AND KEY PROJECTS
14
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Gulf of Mexico Deepwater Second-quarter 2013 production in the Gulf of Mexico Deepwater was
13,545 Boe/d, a 2 percent increase from the first quarter of 2013.
Apache plans to drill the San Marcos Prospect in August when the Ensco
8505 rig arrives.
LUCIUS DEVELOPMENT During the quarter, the KC919-5 well and the KC919-6 well in the Lucius field encountered approximately 650 feet
and 665 feet of total net pay, respectively, in the Pliocene and Miocene objectives with all sands full to base as
expected. The Miocene sands were not geologic objectives in the KC919-6 well as they will be produced in an
offset well. Additionally, drilling activities at the KC875-3 development well are expected to begin during the third
quarter. First production remains on schedule for the second half of 2014.
The Lucius spar fabrication is complete, and the hull was successfully delivered to Gulf of Mexico during the second
quarter and is expected to be towed to location for installation in mid-August. The topsides facilities, which are
being constructed in Ingleside, Texas, are 68 percent complete and are scheduled to be lifted onto the spar in early
2014.
First production is anticipated in the second half of 2014.
HEIDELBERG The spar will be an 80,000 Bo/d Lucius look-a-like facility and is currently being fabricated.
Initial production is expected in 2016.
GOM DW KEY STATS Second-Quarter 2013
Q2 Production: 13,545 Boe/d
Q2 Wells: 1 well
Q2 Rigs: Avg 1 rig
APACHE GULF OF MEXICO DEEPWATER REGION ACREAGE AND KEY ASSETS
15
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Canada Second-quarter 2013 production in Canada was 112,059 Boe/d, up 2
percent from the first quarter of 2013.
84 percent of the region’s increase in production was from liquids additions.
Natural gas production remained steady, averaging 521 MMcf/d, up slightly
from first-quarter 2013 volumes of 519 MMcf/d.
During the second quarter and the traditional “break up period,” the region
operated an average of one drilling rig and drilled eight gross (seven net)
wells.
Apache continues to focus its development activities on the oil and liquids-rich Bluesky, Sparky, Viking and
Dunvegan plays.
BLUESKY (LIQUIDS-RICH HORIZONTAL PROGRAM) In the second quarter of 2013, Apache completed four wells with production rates ranging from 300 Boe/d to 850
Boe/d.
Bluesky has made a significant impact in the Kaybob area which saw overall production grow approximately 50
percent over the past two years.
CANADA KEY STATS Second-Quarter 2013
Q2 Production: 112,059 Boe/d
Q2 Wells: 8 wells, 7 net
Q2 Rigs: Avg 1 rig
APACHE CANADA REGION ACREAGE AND KEY BASINS
Bluesky
16
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Canada (Continued)
*Less than 30 day rate
CANADA WELL HIGHLIGHTS Second-Quarter 2013
PLAY/TARGET WELL NAME TVD Lateral Length IP
Bluesky 12-12-057-20W5 9,055’ 6,453 102 Bo/d, 97 Ngl/d, 3,691 Mcf/d*
02/16-10-57-20W5 9,094’ 4,107 100 Bo/d, 96 Ngl/d, 3,641 Mcf/d
Glazier Sparky 15-15-36-5W4 2,926 3,313 145 Bo/d, 179 Mcf/d
17
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Canada (Continued)
KITIMAT LNG PROJECT (50% APA) During the second quarter, Kitimat Upstream maintained production and continued active drilling resulting in two
tenure wells, both in Liard.
One of the aforementioned wells, with offset wells, is estimated to have over 500 Bcf per section, the highest
estimated original gas in place per section of any Apache well to date.
A 102-square-mile 3D seismic program was completed in Horn River and will be reprocessed and interpreted.
At 54 ̊ ̊ north, Kitimat is one of North America’s closest ports to Asian markets.
Kitimat-Tokyo3,988 nm, 10 daysQatar-Tokyo6,500 nm, 16 days
0 100
KM
Liard
18
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
EGYPT KEY STATS Second-Quarter 2013
Q2 Gross Production: 343,538 Boe/d
Q2 Net Production:
With Tax: 147,551 Boe/d
% of Gross: 43.0%
Without Tax: 108,919 Boe/d
% of Gross: 31.7%
Q2 Wells: 70 well, 67 net
Q2 Rigs: Avg 27 rigs
INTERNATIONAL Egypt In Egypt, Apache’s operations continue unabated. The
region averaged 27 rigs and reported quarterly average
gross oil production of 193,341 Bo/d and gross gas
production of 901 MMcf/d, for a total of 343,538 Boe/d.
Total gross production decreased from the first quarter of
2013 primarily as a result of higher than anticipated decline
rates for newly drilled and producing wells.
Oil production was constrained in the Qarun operating area
due to increasing water cuts in the Yussif, East Beni Suef
and Heba Ridge Ridge areas, which decreased production
by approximately 2,500 Bo/d quarter-over-quarter.
The decrease in gross gas production from the previous quarter was primarily due to a shutdown at Abu Gharadig
Gas Plant for an upgrade and repairs to a 24-inch pipeline.
Across the region, Apache drilled a total of 70 gross (67 net) wells in the second quarter including several
significant exploration discoveries:
Riviera SW-1X on the southern flank of the Abu Gharadig Basin test-flowed 5,822 barrels of oil and 2.8 million
cubic feet of gas per day from a Lower Bahariya sand with 24 feet of net pay. Drilling and completion costs for
the well were $5.0 million. Apache has a 100-percent working interest in the WD 30 Development Lease.
Narmer-1X is a stratigraphic trap that is separated from the Neilos Oil Field located 5 miles (8 km) to the east.
The well test-flowed 1,166 bbls of oil and 400 Mcf of gas per day. Although appraisal wells are required, the
trap is estimated to exceed 1,000 acres. Drilling costs for the well were $3.11 MM, with completion pending.
Apache has a 100-percent working interest in the Khalda Offset Concession.
In the Qarun area significant operational advancements were made. The average completion and workover rig
time was decreased from 15 to 12 days through casing redesigns, more artificial lift, and improved drilling
performance.
19
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Egypt (Continued)
EGYPT WELL HIGHLIGHTS Second-Quarter 2013
PLAY/TARGET WELL NAME TVD IP
SAFA WKAL-N-3X 14,504’ 3,485 Bo/d
L Bahariya (NC) Riviera SW-1X 12,570’ 1,832 Bo/d
L Bahariya (REC) MRZK 7 6,400’ 2,284 Bo/d
AEB (REC) WKAL A6 12,359’ 1,193 Bo/d
Jade 6 12,950’ 1,332 Bo/d
APACHE EGYPT REGION ACREAGE AND KEY BASINS
Narmer 1-X SIWA-R-1X Riviera SW-1X
WKAL-T-1X
FALAK NW-1X Jade N-2X
Buchis W-2X
20
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Egypt (Continued)
EGYPT PRODUCTION DETAIL
2Q 2013 2Q 2012
Oil (MBbls/d) Gas (Mcf/d) Oil (MBbls/d) Gas (Mcf/d)
Gross Production 193,341 901,181 214,073 894,709
Net Production With Tax 88,002 357,291 98,922 358,985
% of Gross 46% 40% 46% 40%
Net Production Without Tax 64,608 265,862 68,217 258,618
% of Gross 33% 30% 32% 29%
21
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
APACHE AUSTRALIA REGION ACREAGE AND KEY PROJECTS
Australia Second-quarter 2013 production was 57,147 Boe/d, up 3 percent from
the first quarter of 2013.
During the second quarter, the region operated an average of three
drilling rigs and drilled two gross wells.
The Bianchi-1 vertical gas exploration well in WA-49-R was spudded by
the Ocean America semi-submersible rig on April 12, 2013 and is
currently completing operations. Located 6.4 km north of the Zola-1 gas discovery, Bianchi-1 tested the Triassic-
aged Mungaroo Formation and was drilled to a total depth of 5,400 meters subsea. Wireline logging and pressure
testing has confirmed 112 meters (367 feet) of net gas pay between 4,748 meters and 5,343 meters in the primary
target.
The region continues to benefit from the increase in gas prices associated with the new Reindeer and Devil Creek
developments. Spot sales for the quarter also increased supported by the flexible supply options multiple facilities
can deliver.
AUSTRALIA KEY STATS Second-Quarter 2013
Q2 Production: 57,147 Boe/d
Q2 Wells: 2 wells, 1 net
Q2 Rigs: Avg 3 rigs
22
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
Australia (Continued)
MACEDON During the quarter, installation and pre-commissioning of the subsea infrastructure and offshore pipeline was
completed and preparations are being made to dewater the pipeline when the plant is ready to receive gas.
The BHP-operated Macedon Project is reported to be over 98 percent complete and on schedule for first gas late
in the third quarter of 2013.
Apache expects net daily production of 35 MMcf/d.
BALNAVES During the quarter, installation and tensioning of 6 – 35 tonne anchors and associated chains were completed.
All contracts have been executed, and the project remains on schedule for 2014 first production.
CONISTON During the quarter, the subsea packages were completed and the installation campaign, using the EMAS operated
installation vessel Boa Sub C, began in May. It is scheduled for completion the first week of August 2013.
The project remains on schedule for 2014 first production following the completion of the Ningaloo Vision shipyard
work.
JULIMAR (WHEATSTONE LNG) The Wheatstone LNG project has over 80 percent of its offtake secured under long-term sales contracts.
Top-hole drilling of the Julimar development wells has resumed as part of a phased drilling program.
Miles Apache Acreage
23
APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
APACHE NORTH SEA REGION ACREAGE AND KEY PROJECTS
North Sea Second-quarter 2013 production in the North Sea was
72,936 Boe/d, down 8 percent from the first quarter of
2013, due partially to deferred production as a result of
unplanned facilities maintenance at the Forties Field.
During the second quarter, the region operated an average
of four drilling rigs and drilled four gross wells.
The Forties Bravo platform development well 21/10-B55Z
was successfully drilled into the Delta Channel and
encountered 348 feet measured depth net oil pay along a
horizontal completion hole. The well came on line at the end
of June with initial rate of 3,960 Bo/d.
The PGS Beryl 3D seismic acquisition program was
completed in the third quarter of 2013, which encompasses
the Beryl area development acreage as well as adjacent
exploration licenses that were awarded to Apache in
January 2013. This is the first Beryl field-wide seismic survey
since 1997.
The Forties Alpha Satellite Platform (FASP) topsides package
and linking bridge to the main Forties Alpha platform were
installed in June. This new platform provides 18 additional
drilling slots as well as gas lift, separation, power generation,
and export pumping. First oil from drilling is expected in the
fourth quarter of 2013.
In July, the Bacchus B-1 development well logged 2,057 feet
(measured depth) net oil pay along a horizontal wellbore in
high quality Jurassic aged Fulmar sandstone. The B-1 well successfully delineated and developed the Bacchus far
western fault block, which was found to be in pressure communication with the B-2 producer which was drilled
last year. Production commenced from B-1 during the fourth week of July adding 9,400 Bo/d of new rate taking
the field to 17,600 Bo/d with plans to further optimize rate and operating conditions of the subsea infrastructure.
This is the third successful development well in Bacchus Field. A new 3D seismic survey will be acquired over
Bacchus in the third quarter of 2013 to identify further development opportunities.
NORTH SEA KEY STATS Second-Quarter 2013
Q2 Production: 72,936 Boe/d
Q2 Wells: 4 wells, 3 net
Q2 Rigs: Avg 4 rigs
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APACHE SECOND-QUARTER 2013 EARNINGS RELEASE OPERATIONS SUPPLEMENT
APACHE ARGENTINA REGION ACREAGE AND KEY BASINS
Argentina Second-quarter 2013 production in Argentina was 42,359 Boe/d, down
2.6 percent from the first quarter of 2013, due to natural production
declines and moderate drilling activity.
Net “Gas Plus” sales averaged 88 MMcf/d at $5.02 per Mcf.
During the quarter, the region operated two rigs and drilled 11 gross
(eight net) wells, each located in the Neuquén Basin.
In late June, a third drilling rig was contracted in the Neuquen Basin for a
four month duration to drill up to nine shallow wells (<1500 m) in order to take advantage of new prospect
inventory.
Four new vertical development well completions were made during
the second quarter, each with multi-stage fractures in the Lajas
reservoir, resulting in a combined 30-day IP of 10.9 MMcf/d and
1,000 Bo/d.
Also during the quarter, Apache completed and tested three
exploration wells (one operated and two non-operated), targeting the
Vaca Muerta shale oil and wet gas trends. To date, eight gross wells
have been drilled and tested in the play.
The region is currently working on a strategy for future Vaca Muerta
exploration activity across Apache’s vast acreage position. Apache
holds approximately 1.3 million net acres in the Vaca Muerta shale
window, of which over 800,000 net acres are in the oil and wet gas
window of the play.
Additional activity in the second quarter focused on recompletions in
the Neuquén basin, targeting both oil and gas reservoirs (Lajas,
Lotena and Centenario reservoirs) and increased lift capacity jobs in
several fields in both Austral and Neuquén basins.
ARGENTINA KEY STATS Second-Quarter 2013
Q2 Production: 42,359 Boe/d
Q2 Wells: 11 wells, 8 net
Q2 Rigs: Avg 2 rigs