APA Corp. said Wednesday it curtailed about 35 MMcf/d of U.S. natural gas production during the first quarter, mostly during March. The curtailment was “in response to weak or negative Waha hub prices.” Waha is the hub of record for the Permian Basin, which spans West Texas and portions of southeastern New Mexico. Waha prices…
APA Corp
Articles from APA Corp
APA Joining E&P Merger Parade with Takeover of Permian-Focused Callon
Houston’s APA Corp., which in recent years has pursued overseas oil and gas prospects, is storming back to the Permian Basin with a $4.5 billion all-stock takeover of Callon Petroleum Co. APA, long a Permian exploration and production (E&P) stalwart, already has a broad portfolio in the Midland and Delaware formations. In the Delaware, where…
January 4, 2024
APA Drilling First Pad Since 2019 in Permian’s Natural Gas-Rich Alpine High as Prices, Demand Soar
On strong natural gas pricing and demand, APA Corp. is back to work drilling its first pad since 2019 in the Alpine High in the Permian Basin of West Texas. The Houston-based super independent works all over the world, with the Permian its No. 1 U.S. profit maker. The Alpine High at one time was…
November 8, 2022
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
