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Apache sees flat 2013 budget of $10.5 billion

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Published: Thursday, 14 Feb 2013 | 2:22 PM ET

Feb 14 (Reuters) - Apache Corp plans to spend $10.5 billion this year, about even with 2012, with heavy investment planned for U.S. onshore oil and natural gas projects, Chief Executive Steve Farris said on Thursday.

Total oil and gas production is forecast to grow 3 percent to 5 percent, Farris said on a conference call with analysts.

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Feb 14- Apache Corp plans to spend $10.5 billion this year, about even with 2012, with heavy investment planned for U.S. onshore oil and natural gas projects, Chief Executive Steve Farris said on Thursday.

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