Thursday, June 02, 2011
Apache Corp.
Apache said that a subsidiary's Halyard-1 discovery well has commenced producing gas and condensate for delivery into the Western Australian domestic market.
Production from the well, drilled in 2008 in production license WA-13-L, will be transported to market via an existing pipeline to the East Spar field facilities and from there to Apache's Varanus Island processing and transportation hub.
Development of the Spar field, located in adjacent License WA-4-R, is expected to follow in late 2012 as additional capacity becomes available at Varanus Island. The fields are both controlled from Apache's John Brookes platform. Apache's subsidiary owns a 55-percent interest in both WA-13-L and WA-4-R. Santos owns the remaining interests.
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