Apache said that the Hydra-1X exploration well in Egypt’s Western Desert test-flowed 41.6 million cubic feet of natural gas and 1,313 barrels of condensate per day.
The Brulimar-1 discovery on Australia’s northwest shelf encountered 113 feet of net pay. The discovery is the fourth consecutive exploration success in the Apache-operated block. Apache owns a 65% interest in the block in a joint venture with Kuwait Foreign Petroleum Exploration Company.
In Egypt, Apache plans to drill 282 wells in 2008, including 40 exploration wells that will target formations with gas and condensate potential. In Australia, Apache is planning to drill 52 wells, including 32 exploration wells, in 2008.
