Apache North Sea Limited · Aberdeen United Kingdom
Company Description
Phone: +44-1224-756-400
Fax: +44-1224-756-481
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Apache North Sea manages exploration and production activities in the Forties field for its parent Apache Corporation . Apache North Sea began drilling in the field in 2004. A core production area for Apache (averaging 70,000 barrels per day, up from 40,000 a day in 2003), the Forties field has estimated proved reserves of 189 million barrels of oil equivalent. In 2008 Apache North Sea's production of 21.9 million barrels of oil equivalent, accounted for approximately 11% of Apache's total production. In 2009 the company boosted output by bringing some seven development wells into production. To read the full description, subscribe now.
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Key Apache North Sea Limited Financials
| Company Type | Subsidiary Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1,405.4 |
| Employees | 265 |
Apache North Sea Limited Executives
6 executives listed for Apache North Sea Limited's Aberdeen, location.
| Title | Name & Bio | Contact |
| Managing Director | James House | Network |
| Development Manager | Alan Chesterman | Network |
| Exploration Manager | James Crawley | Network |
Competition
Competitive Landscape for Apache North Sea Limited
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Apache North Sea Limited Competitors
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