New Apache Oil and Gas Discovery in Southern Delaware Basin Driving Interest, but Located in Historically Underperforming Area, IHS Markit Says

Dateline City:
HOUSTON
Multimedia
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Chemicals; Energy; Natural Resources
Melissa Manning, +1 832 458 3840
melissa.manning@ihsmarkit.com

Analysis indicates asset has solid potential, but repeatability unknown

HOUSTON (Sept. 26, 2016) – 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 immediate area have been poor, according to analysis from IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.

Language:
English

read more

Subscribe to Applenews247.Com Newsletter

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>