Tag: Alpine High
Alpine High discovery driving interest, but in underperforming area – IHS Markit
IHS analysis indicates asset has solid potential, but repeatability unknown HOUSTON – Apache Corporation’s recent announcement that it had made a significant new oil and gas discovery in the southern portion of the Delaware Basin in west Texas has strengthened industry interest in the emerging sub-play, but previous well results from other operators in the […]
Alpine hype: will Apache’s new Permian Basin discovery deliver? – Wood Mackenzie
Apache estimates of 2,000 to 3,000 net Permian Basin locations, a 20+ year drilling inventory assuming an average of 6 rigs per year The announcement of a major resource discovery by Apache Corp. has Permian Basin watchers atwitter, according to Wood Mackenzie. The new Alpine High play could boost the Permian Basin profile exponentially — if Apache’s estimates […]
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