HOUSTON – Apache Corp. expects to drill its first exploration well on block 58 offshore Suriname around mid-year, using an already contracted drillship.
The company’s geological and geophysical evaluation has identified numerous, large prospects across multiple different play concepts.
In the UK North Sea, the company had three rigs in service on average during 4Q 2018, drilling and completing four wells.
Its North Sea production was 63,000 boe/d, the highest for two years. This was mainly due to start-up of theGarten field development in late November, and a full three months of production from the fourth development well at the Callater field.