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Oil and Gas Companies
Apache's Spar-2 Appraisal Offshore Western Australia Tests 58 MMcf, 950 Barrels of Condensate Per Day
December 10th, 2010
Apache Corporation (NYSE, Nasdaq: APA) said that the Spar-2 appraisal well in Permit WA-4-R offshore Western Australia tested 58 million cubic feet (MMcf) of natural gas and 950 barrels of condensate per day. Apache's Australia subsidiary plans to bring gas from the Spar Field and nearby Halyard Field to Western Australia's domestic gas market via an existing Apache-operated pipeline 10 miles southeast of Spar-2 and through the Varanus Island processing and transportation hub. First production from Halyard of approximately 50 MMcf per day (gross) is expected in the second half of 2011 with Spar following in late-2012 as additional capacity becomes...
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Source: Energy Weekly News (2010-12-10)
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