Apache Corporation NYSE: APA is a large oil and gas corporation based in Houston, Texas.

It now is a multinational company, with regional offices and operations in Argentina, Australia, Canada, China, Egypt and UK North Sea.

History

• 1954 Apache Oil Corporation is founded in Minneapolis, Minnesota, by Truman Anderson, Raymond Plank and Charles Arnao.
• 1955 The first wells were drilled in the Cushing field, between Tulsa and Oklahoma City.
• 1960 Apache acquired interests in the Foshay Tower (a Minneapolis landmark). The 32-story imitation of the Washington Monument, will become Apache’s headquarters location from the early ‘60s until 1984.
• 1967 Fagerness #1 oil discovery.
• 1969 Apache Corporation shares were listed on the New York Stock Exchange (NYSE: APA).
• 1970 Apache expanded in agriculture with the acquisition of Fresno, California’s S&J Ranch.
• 1971 Apache Corporation formed Apache Exploration Company (subsequently “Apexco”) as the oil and gas operating child company.
• 1977 Following the sale of Apexco, Apache operates GHK's drilling program in the Anadarko basin.
• 1980 Apache acquired non-operating interest (through participation in the Shell Joint Venture) in the Gulf Of Mexico, opening the door to production on the Offshore Continental Shelf.
• 1981 Apache created Apache Petroleum Company (APC), US's first master limited partnership (MLP).
• 1986 Apache acquired Oxi, marking Apache’s entry to the Gulf of Mexico as an operator.
• 1987 Apache moved its headquarters of 33 years from Minneapolis to Denver.
• 1991 Apache acquired the MW Petroleum assets from Amoco, buying Apache a position in the Permian Basin of West Texas.
• 1992 Hedquarters moved to Houston, Texas
• 1993 Apache aquires Hadson Energy Resources, expanding Apache's assests to offshore Western Australia.
• 1994 Apache entered Egypt by acquiring a 25 percent non-operated interest in the Qarun Concession alongside the Phoenix Resource Companies.
• 1995 Apache acquired Dekalb Energy Canada Ltd, marking Apache's return to Canada; Apache acquired 315 oil and gas fields in the Permian Basin, the Texas-Louisiana Gulf Coast, western Oklahoma, East Texas, the Rocky Mountains and the Gulf of Mexico from Texaco.
• 1999 Acquisition of Shell assets in the Gulf of Mexico.
• 2001 $410 million worth of Repsol assets acquisition made Apache the largest producer of liquid hydrocarbons in Egypt’s Western Desert.
• 2002 Apache Corporation drilled its first deepwater wells in the West Mediterranean Concession offshore Egypt.
• 2003 Apache acquired the Forties Field from BP, the largest field ever discovered in the United Kingdom North Sea.