- About =
Apache
- Investors
- SEC=20 filings
- News
- Explore!
- Stewardship=
- Careers
- R= egion=20 map
- News=20 and articles
- Operating=20 results
- = Exploration
- Ma=
rketing
- P= roduction=20 sites
- Pro= jects
- =
Stewardship
- Photo=20 gallery
- Care=
ers
- Con= tacts
![](3D"http://172.31.254.244/www.apachecorp.com/Resources/Upload/image/au=)
![3D""=20](3D"http://172.31.254.241/www.apachecorp.com/Resources/Upload/image/pa=)
Australia
Overview![3DAustralia](3D"http://172.31.254.244/www.apachecorp.com/Resources/Upload/image/Op=)
Apache is Australia=E2=80=99s most active offshore operator. Since = 1997 we have made=20 20 commercial oil and 10 commercial gas field discoveries. In = Australia,=20 our exploration activity is focused in the offshore Carnarvon, Gippsland = and=20 Browse basins, where Apache holds 5.2 million net acres in 34 = exploration=20 permits, 11 production licenses and five retention = leases. Production=20 operations are concentrated in the Carnarvon and Exmouth basins, the = location of=20 Apache=E2=80=99s 11 production licenses, all of which are Apache = operated. Australia=20 held 12 percent of our year-end estimated proved reserves. During the = year, the=20 region participated in drilling 46 wells, which generated 25 productive = oil=20 wells and nine productive gas wells.
Our growth strategy includes development in the Carnarvon basin and =
in areas=20
adjacent to this core area. As of the end of 2008, our Van Gogh and =
Pyrenees=20
projects in the Exmouth basin were under active development. We had also =
initiated a development project related to our 2008 Halyard =
discovery and=20
began appraising our large Julimar discovery. We completed planned =
development=20
drilling at our Reindeer field.
Van Gogh is =
Apache-operated,=20
while Pyrenees is operated by BHP Billiton. Van Gogh development =
drilling and=20
sub-sea production equipment installation is well underway, with first =
oil=20
production slated for mid-2009 through a floating production storage and =
offloading tanker. Additional development drilling is planned in 2009 =
prior to=20
the start of production. Pyrenees development drilling is expected to =
commence=20
in 2009 with first oil production expected in the first half of 2010. =
Production=20
from each field is estimated at 20,000 Bpd net to Apache.
=
In=20
April 2008, we drilled the Halyard-1 well, which tested 68 MMcf/d of gas =
and was=20
completed as a producer. The Halyard field is expected to be tied-in to =
the=20
nearby East Spar gas facilities once a market for the gas is under =
contract.=20
Apache holds a 55 percent interest in the field. Additional appraisal in =
2009 is=20
necessary on the Julimar-Brunello gas discovery before proceeding with a =
development plan. Based on current geological mapping, we =
believe this=20
could be a multi-trillion-cubic-feet (Tcf) discovery. Apache owns a 65 =
percent=20
interest in and operates the Julimar-Brunello complex.
=
During the=20
fourth quarter of 2008, Apache completed a three-well development =
drilling=20
campaign at the Reindeer field. On Jan. 6, 2009, we secured a 154 =
billion cubic=20
feet (Bcf), seven-year gas sales contract. The gas will be supplied =
through a=20
new 65-mile offshore pipeline and a new onshore gas processing facility =
at Devil=20
Creek. Construction of pipeline and processing infrastructure is =
scheduled to=20
commence in 2009 with first production anticipated in 2011. Apache owns =
a=20
55-percent interest in the field. =
Copyright =C2=A9 2009 Apache Corporation. All rights =
reserved. This=20
material may not be published, broadcast, rewritten or redistributed. =
","
=
"]||[0,"",""];L.innerHTML=3DQ[1]+S+Q[2];while(Q[0]--){L=3DL.lastChild}if(=
!o.support.tbody){var =
R=3D/"&&!R?L.childNodes:[];for(var =
M=3DN.length-1;M>=3D0;--M){if(o.nodeName(N[M],"tbody")&&!N[M].childNodes.=
length){N[M].parentNode.removeChild(N[M])}}}if(!o.support.leadingWhitespa=
ce&&/^\s/.test(S)){L.insertBefore(K.createTextNode(S.match(/^\s*/)[0]),L.=
firstChild)}S=3Do.makeArray(L.childNodes)}if(S.nodeType){G.push(S)}else{G=
=3Do.merge(G,S)}});if(I){for(var =
J=3D0;G[J];J++){if(o.nodeName(G[J],"script")&&(!G[J].type||G[J].type.toLo=
werCase()=3D=3D=3D"text/javascript")){E.push(G[J].parentNode?G[J].parentN=
ode.removeChild(G[J]):G[J])}else{if(G[J].nodeType=3D=3D=3D1){G.splice.app=
ly(G,[J+1,0].concat(o.makeArray(G[J].getElementsByTagName("script"))))}I.=
appendChild(G[J])}}return E}return =
G},attr:function(J,G,K){if(!J||J.nodeType=3D=3D3||J.nodeType=3D=3D8){retu=
rn g}var =
H=3D!o.isXMLDoc(J),L=3DK!=3D=3Dg;G=3DH&&o.props[G]||G;if(J.tagName){var =
F=3D/href|src|style/.test(G);if(G=3D=3D"selected"&&J.parentNode){J.parent=
Node.selectedIndex}if(G in =
J&&H&&!F){if(L){if(G=3D=3D"type"&&o.nodeName(J,"input")&&J.parentNode){th=
row"type property can't be =
changed"}J[G]=3DK}if(o.nodeName(J,"form")&&J.getAttributeNode(G)){return =
J.getAttributeNode(G).nodeValue}if(G=3D=3D"tabIndex"){var =
I=3DJ.getAttributeNode("tabIndex");return =
I&&I.specified?I.value:J.nodeName.match(/(button|input|object|select|text=
area)/i)?0:J.nodeName.match(/^(a|area)$/i)&&J.href?0:g}return =
J[G]}if(!o.support.style&&H&&G=3D=3D"style"){return =
o.attr(J.style,"cssText",K)}if(L){J.setAttribute(G,""+K)}var =
E=3D!o.support.hrefNormalized&&H&&F?J.getAttribute(G,2):J.getAttribute(G)=
;return =
E=3D=3D=3Dnull?g:E}if(!o.support.opacity&&G=3D=3D"opacity"){if(L){J.zoom=3D=
1;J.filter=3D(J.filter||"").replace(/alpha\([^)]*\)/,"")+(parseInt(K)+""=3D=
=3D"NaN"?"":"alpha(opacity=3D"+K*100+")")}return =
J.filter&&J.filter.indexOf("opacity=3D")>=3D0?(parseFloat(J.filter.match(=
/opacity=3D([^)]*)/)[1])/100)+"":""}G=3DG.replace(/-([a-z])/ig,function(M=
,N){return N.toUpperCase()});if(L){J[G]=3DK}return =
J[G]},trim:function(E){return(E||"").replace(/^\s+|\s+$/g,"")},makeArray:=
function(G){var E=3D[];if(G!=3Dnull){var =
F=3DG.length;if(F=3D=3Dnull||typeof =
G=3D=3D=3D"string"||o.isFunction(G)||G.setInterval){E[0]=3DG}else{while(F=
){E[--F]=3DG[F]}}}return E},inArray:function(G,H){for(var =
E=3D0,F=3DH.length;E