Subsidiary: Apache Corporation

Apache entered the North Sea in 2003 after acquiring an approximate 97% working interest in the Forties Field (Forties). In 2011, the Company acquired Mobil North Sea Limited, which included operated interests in the Beryl, Ness, Nevis, Nevis South, Skene, and Buckland fields and a non-operated interest in the Maclure field. The Company also has a non-operated interest in the Nelson field acquired in 2011.

During the second quarter of 2023, as part of the Company’s focus on capital allocation to optimize investment returns, it suspended all new drilling activity in the North Sea. The Company’s investment program there is now directed toward safety, base production management, and asset maintenance and integrity.

As of year-end 2023, Apache had interests in approximately 292,000 gross acres in the U.K. North Sea, which contributed 11% of Apache’s 2023 production and approximately 9% of year-end estimated proved reserves.

Please note, the data on this page is current as of Dec. 31, 2023. For the latest on Apache’s North Sea operations, please see our quarterly updates and disclosures on the Investors page.