UPDATE 2-Oil and gas producer Apache raises 2017 budget by more than 60 pct
February 23, 2017 at 08:46 AM EST
Feb 23 (Reuters) - U.S. oil and gas producer Apache Corp estimated its capital spending in 2017 would be more than 60 percent higher than 2016, joining a growing list of shale producers that are ramping up spending to take advantage of recovering oil prices.