Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. Our mission is to grow a profitable company for the long-term benefit of our shareholders by building a portfolio of core areas which provide longterm growth opportunities.
2000 Post Oak Boulevard, Suite 100, Houston, United States of America
Apache acquired Repsol’s interests in Egypt’s Western Desert and operating control of the Khalda-area concessions. Aggressive operations and exploration turned the Western Desert into one of the company’s principal growth engines.
Founder Raymond Plank passed the title of chief executive officer to Steven Farris, who retained the titles of president and chief operating officer. Mr. Plank remained the company’s chairman until his retirement in January 2009, 54 years after he established the company.
Apache acquired the Forties field, the largest field ever discovered in the United Kingdom’s North Sea.
In Egypt, the West Kalabsha C-1X was a critical Jurassic discovery in the Faghur Basin, testing at 4,746 barrels per day and 4.4 million cubic feet per day. It was followed by a larger discovery at Phiops 1X, leading to the westward expansion of Apache.
Apache merged with Mariner Energy and acquired its assets in the Deepwater Gulf of Mexico and the Permian Basin. Apache also acquired assets from BP in the Permian Basin and Egypt.
Apache became an early advocate for transparency in hydraulic fracturing operations and began posting the composition of its frac fluids at FracFocus.org, a joint venture of the Ground Water Protection Council and the Interstate Oil and Gas Compact Commission.
Apache is the first to use natural gas to power hydraulic fracturing, which is one of the most energy-intensive processes employed by the industry. The company also deployed drilling rigs powered with natural gas.
After more than 25 years at Apache, chairman, CEO, and president Steven Farris announced his retirement. John Christmann IV, an Apache veteran of 19 years and COO of North America, succeeded Mr. Farris as CEO and president.
Apache announced the Alpine High discovery in the Delaware Basin.
Apache created Altus Midstream Company and retains a majority stake and operational control.
Apache announced a redesign of its organization structure and operations for the long term. Apache also announced a joint venture agreement with Total S.A. to explore and develop Block 58 offshore Suriname.
Apache and partner, Total S.A., announced three discoveries in Block 58 offshore Suriname.
The company announced the creation of APA Corporation, a holding company with Apache Corporation as one of its operating subsidiaries.
5.4 million net acres
439 thousand barrels
John J. Christmann IV
Chief Executive Officer and President
Stephen J. Riney
Executive Vice President and Chief Financial Officer
Executive Vice President Operations
P. Anthony Lannie
Executive Vice President and General Counsel
David A. Pursell
Executive Vice President Development
Mark J. Bright
Senior Vice President Planning
Our primary product is energy, and we believe that where there is affordable, abundant energy, people are healthier, have access to better education, and are given greater opportunities to elevate their families to higher standards of living.
We employ thousands of team members who make that happen – whose energy, efforts and jobs contribute to better lives, economic growth and progress across the globe.
The health and safety of our employees, contractors and communities is not negotiable and will not be compromised. Safety underpins our Core Values and is at the forefront of decision-making at every level of the organization. We are committed to driving a safety culture that empowers employees and contractors to act as needed to work safely and to stop the job if conditions are deemed unsafe. We strive to be incident-free every day across our global operations.