Apache brings Gulf back online, hits record production

More than a month after Hurricane Isaac left the Gulf of Mexico Apache Corp. said today it had finally brought all of its production facilities there back online.

Isaac had forced shut downs of nearly all Gulf oil operations and prompted oil companies into a rush to restart facilities after the storm passed at the end of August.

With all of its facilities back online, Houston-based Apache said its worldwide production of fossil fuels is now at an all-time high of almost 800,000 barrels of oil equivalent per day.

Last year, the company averaged about 737,000 barrels of oil equivalent per day.

“We remain focused on drilling our extensive inventory of oil and liquids-rich locations as we put the temporary disruptions from August and September behind us,” Rodney J. Eichler, Apache’s president and chief operating officer, said in a statement.

Although Isaac cut into Apache’s production figures for the third quarter of the year by about 12,000 barrels of oil equivalent per day, the return of those totals, along with a restart of interrupted operations in the North Sea will boost the company’s production in the remainder of the year, according to a company statement.

Maintenance activities in the North Sea had interrupted production there, Apache said.


About The Author

Zain Shauk covers energy for the Houston Chronicle. He can be reached by phone at 713.362.7572 or through his email address: zain.shauk@chron.com. Follow him on Twitter: @ZainShauk