Apache completes acquisition of ExxonMobil's Beryl field

Houston independent Apache Corp. reported that its subsidiary, Apache North Sea Ltd., has completed its previously announced acquisition of ExxonMobil Corp.’s Mobil North Sea Ltd. assets including Beryl field and related properties.

Steven Poruban

Jan. 3, 2012

Apache has assumed operations of the Beryl, Nevis, Ness, Nevis South, Skene, and Buckland fields, the Beryl/Brae gas pipeline, and the SAGE gas plant. The transaction also included nonoperated interests in the Maclure, Scott, and Telford fields and exploration acreage at Benbecula (West of Shetlands).

Apache's assumption of operations followed a comprehensive review of the transaction by several UK and Scottish government agencies.

About the Author

Steven Poruban

Managing Editor-News

Steven Poruban was hired as staff writer for Oil & Gas Journal in October 1998. Two years later, he was promoted to senior staff writer. In October 2004, he was then promoted to senior editor. He now serves as managing editor-news.

Before working for OGJ, Steven was a reporter for Gas Daily and editor of Gas Transportation Report. He attended Boston University then transferred to and graduated from Ursinus College in Collegeville, Pa., with a BA in English in 1993.