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Apache CEO: 'Alpine High' Discovery Shows How To 'Survive And Thrive' Amid The Oil Bust

The big Permian Basin discovery is only a start. "There’s a lot of other things we’re looking at.”
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The Permian Basin -- The Country's Most Important Resource

Business & Finance : Forbes: Business

The Permian Basin has long been the most important oil and gas producing area in the US. A lot of history has focused on the buildup of resources that allowed the USA to ultimately bring the Second World War to a conclusion. What fu...

Apache's Alpine High Discovery Defies Conventional Wisdom

Business & Finance : Forbes: Business

When asked why it is that Apache was able to realize the potential of the Alpine High area when it had been written off by so many companies who had previously drilled in the region, Keenan’s initial answer was simple, if seemingly ...

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Chesapeake Energy Corp Chief Executive Aubrey McClendon said the company could have a buyer for its Permian Basin oil fields in the third quarter in a multibillion-dollar deal that will likely be one of the largest energy asset sale...

Less Than 2 Percent of Permian Basin Commercial at $30 Oil

Business & Finance : Forbes: Business

Less than2 percent of Permian basin tight oil wells are commercial at $30 per barrel oil prices. Sorry about that. I know that many believethat U.S. shale and tight oil plays are commercial even at current low oil prices but data on...

Permian Basin Break-Even Price is $61: The Best of a Bad Lot

Business & Finance : Forbes: Business

The break-even price forPermian basin tight oil plays is about $61per barrel (Table 1).That puts Permian playsamong thelowest cost significantsupply sources in the world. Although that is good news for U.S. tight oil plays, there is...


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