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Press release content from Globe Newswire. The AP news staff was not involved in its creation. Apache Corporation Announces Fourth Consecutive Oil Discovery in Block 58 Offshore Suriname at ... Apache CorporationJanuary 14, 2021 GMT HOUSTON, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Apache Corporation (Nasdaq: APA) and Total S.A. (NYSE: TOT) today announced an oil discovery at the Keskesi East-1 exploration well in Block 58 offshore Suriname. Keskesi East-1 encountered targets in the upper Cretaceous-aged Campanian and Santonian intervals. The shallower Campanian interval contains 58 meters (190 fee...

Total (NYSE: TOT) has announced that it and Apache Corporation (Nasdaq: APA) have made a 'significant' new oil and gas discovery at the Keskesi East-1 well in Block 58 off the coast of Suriname. Total (NYSE: TOT) has announced that it and Apache Corporation (Nasdaq: APA) have made a “significant” new oil and gas discovery at the Keskesi East-1 well in Block 58 off the coast of Suriname. The well was drilled at a water depth of about 2,380 feet and was said to have encountered a total of 206 feet of hydrocarbons, comprising 190 feet net of black oil, volatile oil, and gas pay in good qual...

Apache Corporation Announces Fourth Consecutive Oil Discovery in Block 58 Offshore Suriname at Keskesi East-1 Well Apache Corp. and Total S.A., Offshore Suriname, Block 58 On Jan. 14, 2021, Apache Corporation and Total S.A. announced an oil discovery at the Keskesi East-1 exploration well in Block 58 offshore Suriname. This follows the January, April and July 2020 announcements of discoveries at the Maka Central-1, Sapakara West-1 and Kwaskwasi-1 wells, respectively. The next exploration well on Block 58 will be at the Bonboni location. HOUSTON, Jan. 14, 2021 (GLOBE NEWSWIRE) — Apache Corpo...

By Reuters Staff 2 Min Read (Reuters) - U.S. oil producer Apache Corp APA.O said on Thursday it plans to keep project spending next year flat or slightly lower than this year's $1 billion spending rate, as the COVID-19 pandemic continues to slash global oil demand. Oil companies continue cutting spending following pandemic-driven oil price drops. But U.S. service costs have fallen so much that Apache is sending some equipment back to work in the country’s top shale field, even as it continues to pin hopes on its offshore Suriname discovery. The company is adding two hydraulic fracturing cr...