Houston-based upstream company Apache Corporation (NYSE, Nasdaq: APA) said its appraisal of the Ravensworth-2 well off Western Australia has encountered oil while its recently discovered Monet field near Varanus Island has started producing 10,500 barrels of oil per day. Ravensworth in the Exmouth Basin encountered a 97-foot oil column (37 feet of net sand) in…
AUSTRALIA: Apache reports successful well appraisal; first production from Monet discovery
Posted on July 22, 2004 by EnergyAsia