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With cash from international-asset sales, Apache Corp. is fully loaded to execute on development of the Permian Basin in which it is the No. 3 acreage-holder with 3.2 million gross, producing more than 170,000 boe/d, net. Of its more than $2 billion of 2015 capex plans for its 9.8-million-gross-acre, North American portfolio, 60% is devoted to its positions in the Delaware and southern Midland basins. Here are its results and plans.
- John Christmann, CEO and president of Apache Corp.
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