Apache Corporation Oil & Gas Exploration and Production Operations and Cost Analysis – Q4, 2011 by GlobalData

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									          Apache Corporation Oil & Gas Exploration and Production Operations
                            and Cost Analysis – Q4, 2011
        Reference Code: GDGE30169OAR                                                                                      Publication Date: APR 2012

        Company Snapshot                                                               Company Overview
        Key Information                                                                Apache Corporation is an energy company, engaged in the
                                                                                       exploration, development and production of natural gas, crude
         Apache Corporation, Key Facts                                                 oil and natural gas liquids. In North America, the company has
          Web Address                          www.apachecorp.com                      exploration and production interests in the Gulf of Mexico, the
          Financial year-end                   December                                Gulf Coast, East Texas, the Permian basin, the Anadarko
          Number of Employees                  5,299                                   basin and the Western Sedimentary basin of Canada.

          NYSE                                 APA
          Source: GlobalData

         Key Ratios
           Apache Corporation, Key Ratios                                                 Apache Corporation, Reserves and Production, 2007-
           P/E                                                              8.66          2011
           EV/EBITDA                                                        3.80
           Return on Equity (%)                                            15.80
           Debt/Equity                                                     24.90
           Operating       profit   margin                                 47.90
           (%)
           Dividend Yield                                                   0.01
           Note: Above ratios are based on share price as of 11-Apr-2012
                                                                                          Source: GlobalData
           Source: GlobalData



           Apache Corporation, Share Price Performance,                                  Apache Corporation, Key Valuation Metrics,
           USD/Share, Q4, 2010-Q4, 2011                                                  EV/Production ($/boed), EV/Proved Reserve ($/boe),
                                                                                         Q4, 2010-Q4, 2011




           Source: GlobalData
                                                                                         Source: GlobalData



           Apache Corporation, Key Costs Per boe, $/boe, 2011                            Apache Corporation, Costs Incurred By Type, $m,
          Parameter                                                         2011         2007-2011
          Oil & Gas Finding &                                               28.40
          Development Cost/boe, Annual
          Oil & Gas Finding Cost per boe,                                    7.16
          Annual
          Proved Reserves Acquisition                                       34.26
          Cost per boe, Annual
          Reserve Replacement Cost per                                      21.79
          boe, Annual
         Source: GlobalData
                                                                                         Source: GlobalData




Apache Corporation Operations & Cost Analysis                                                                                Reference Code: GDGE30169OAR
For Data Definitions Refer to the Appendix
Source: www.energyetrack.com                                                                                                                             Page 1
© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form
       Table of Contents
       Table of Contents ............................................................................................................................................................................... 2
          List of Tables .................................................................................................................................................................................. 4
          List of Figures ................................................................................................................................................................................. 5
       Apache Corporation, Valuation and Financial Data ............................................................................................................................ 7
          Apache Corporation, Share Price Performance .............................................................................................................................. 7
             Share Price Performance, Q4, 2010-Q4, 2011 ........................................................................................................................... 7
          Apache Corporation, Key Valuation Metrics ................................................................................................................................... 8
             Key Valuation Metrics, Q4, 2010-Q4, 2011 ................................................................................................................................. 8
          Apache Corporation, Quarterly Results of Oil & Gas Operations Per boe Produced ...................................................................... 9
             Results of Oil & Gas Operations Per boe Produced, Q4, 2010-Q4, 2011 ................................................................................... 9
             Results of Oil & Gas Operations Per boe Growth Rates, Q4, 2010-Q4, 2011........................................................................... 10
          Apache Corporation, Quarterly E&P Costs Trends ....................................................................................................................... 11
             Upstream Capital Expenditure, Q4, 2010-Q4, 2011 .................................................................................................................. 11
       Apache Corporation, Quarterly Production Trends........................................................................................................................... 12
          Apache Corporation, Total Oil and Gas Production ...................................................................................................................... 12
             Total Crude Oil and Natural Gas Production Trend, Q4, 2010-Q4, 2011 .................................................................................. 12
             Total Crude Oil & Natural Gas Production, By Country/Region, Q4, 2010-Q4, 2011 ................................................................ 13
          Apache Corporation, Crude Oil Production ................................................................................................................................... 14
             Total Crude Oil Production Trend, Q4, 2010-Q4, 2011 ............................................................................................................. 14
             Crude Oil Production, By Country/Region, Q4, 2010-Q4, 2011 ................................................................................................ 15
          Apache Corporation, Natural Gas Production ............................................................................................................................... 16
             Total Natural Gas Production Trend, Q4, 2010-Q4, 2011 ......................................................................................................... 16
             Natural Gas Production, By Country/Region, Q4, 2010-Q4, 2011 ............................................................................................ 17
       Apache Corporation, Valuation and Financial Data, 2007-2011 ....................................................................................................... 18
          Apache Corporation, Share Price Performance, 2007-2011 ......................................................................................................... 18
             Share Price Performance, 2007-2011 ....................................................................................................................................... 18
             Key Valuation Metrics, 2007-2011 ............................................................................................................................................ 19
       Apache Corporation, Production and Reserves Trends ................................................................................................................... 20
          Total Oil and Gas, Reserves and Production ................................................................................................................................ 20
             Total Crude Oil and Natural Gas Production and Reserves Trend, 2007-2011......................................................................... 20
             Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2007-2011........................................................ 22
             Total Crude Oil and Natural Gas Reserve Changes, 2007-2011 .............................................................................................. 24
          Crude Oil/Liquids Production and Reserve ................................................................................................................................... 25
             Crude Oil/Liquids Production and Reserve Trend, 2007-2011 .................................................................................................. 25
             Crude Oil Production and Reserves By Country/Region, 2007-2011 ........................................................................................ 26
             Crude Oil/Liquids Reserve Changes, 2007-2011 ...................................................................................................................... 28
          Natural Gas Production and Reserve ........................................................................................................................................... 29
             Natural Gas Production and Reserve Trend, 2007-2011 .......................................................................................................... 29
             Natural Gas Production and Reserves, By Country/Region, 2007-2011 ................................................................................... 30
             Natural Gas Reserve Changes, 2007-2011 .............................................................................................................................. 32
          Total Crude Oil and Natural Gas Reserves Life Index .................................................................................................................. 33
             Total Crude Oil and Natural Gas Reserves Life Index, 2007-2011 ........................................................................................... 33
             Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2007-2011 ........................................................... 34
       Apache Corporation, E&P Costs Trends .......................................................................................................................................... 37
          Allocation of the Upstream Capital Expenditure............................................................................................................................ 37
             Upstream Capital Expenditure, 2007-2011 ............................................................................................................................... 37

Apache Corporation Operations & Cost Analysis                                                                                                                         Reference Code: GDGE30169OAR
For Data Definitions Refer to the Appendix
Source: www.energyetrack.com                                                                                                                                                                                    Page 2
© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form
             Acquisition Costs By Country/Region, 2007-2011..................................................................................................................... 38
             Exploration and Development Costs, By Country/Region, 2007-2011 ...................................................................................... 40
          Oil and Gas Cost Per boe, $/boe .................................................................................................................................................. 42
             Oil and Gas Cost Per boe, $/boe, 2007-2011 ........................................................................................................................... 42
             Oil and Gas Cost Per boe, $/boe, By Country/Region, 2007-2011 ........................................................................................... 44
       Apache Corporation, Reserve Replacement Ratio ........................................................................................................................... 47
          Oil and Gas Production Replacement Ratio ................................................................................................................................. 47
             Oil and Gas Production Replacement Ratio, 2007-2011 ........................................................................................................... 47
             Oil and Gas Production Replacement Ratio, By Country/Region, 2007-2011 ........................................................................... 49
       Apache Corporation, Results of Oil & Gas Operations Trend........................................................................................................... 54
          Oil and Gas Revenue and Expenses ............................................................................................................................................ 54
             Oil and Gas Revenue and Expenses, 2007-2011 ..................................................................................................................... 54
             Oil and Gas Revenue and Expenses, By Country/Region, 2007-2011 ..................................................................................... 55
          Oil and Gas Revenue and Expenses, Per boe ............................................................................................................................. 60
             Oil and Gas Revenue and Expenses, By boe, 2007-2011 ........................................................................................................ 60
             Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2007-2011 ........................................................................ 61
      
								
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