Apache CEO Crashes Permian Party With ‘Giant Onion’ Oil Find

Updated on
  • Driller sees 75 trillion cubic feet gas, 3 billion oil barrels
  • Texas Alpine High field still faces infrastructure challenges

Apache Corp. spent the past year quietly buying 350,000 acres of drilling rights in an overlooked corner of the Permian Basin, North America’s most coveted oilfield.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.