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Apache Corporation
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Q2 2015 Supplemental Presentation
| John Christmann | Page 7 of 11 |
November 23, 2024
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"Q2 2015 Supplemental Presentation"
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5 SECOND QUARTER 2015 QUARTERLY SUPPLEMENT APACHE WORLDWIDE OPERATIONS Operational Summary North American onshore pro forma volumes averaged 316 Mboe/d, an increase of 8 percent from second-quarter 2014. 2015 North American onshore oil production of 138 Mboe/d grew 7 percent from second- quarter 2014 on a pro forma basis. ? Total worldwide-reported production during the quarter averaged 564 thousand barrels of oil equivalent per day (Mboe/d), 599 Mboe/d including discontinued operations from Australia. ? Apache averaged 34 rigs worldwide during the second quarter, 15 of which were focused onshore in North America. ? The company completed 108 gross wells during the quarter, 63 of which were in North America onshore. Note: Pro forma production rates and growth percentages in this report are adjusted to exclude volumes from divestitures, noncontrolling interest and tax barrels in Egypt. The number of wells reported as drilled and/or completed throughout this report could be subject to reclassification that may cause adjustments to reported amounts in future periods. The number of wells reported is subject to SEC standards and therefore, along with other SEC guidelines, includes completed wells only. GLOBAL KEY STATS Second-Quarter 2015 ? 2Q Production: 563,758 Boe/d ? 2Q Operated Wells: 108 gross, 96 net ? 2Q Rigs: Avg 34 rigs NORTH AMERICAN ONSHORE KEY STATS Second-Quarter 2015 ? 2Q Production: 316,545 Boe/d ? 2Q Operated Wells: 63 gross, 56 net ? 2Q Rigs: Avg 15 rigs