Apache Is Gassed

Seeking Alpha | Nov 10, 2019 at 6:11 PM
  • With only 37% of production being oil, that is one gassy production profile.
  • Those changes, combined with a reduced production outlook for a recent multi-well pad, resulted in a 5% decrease in Q4 Alpine High production guidance.
  • Note COP’s corporate wide realized price in Q3 was $47.07/boe ($21/boe over Apache’s Permian results).