Apache Corporation is an oil and gas corporation.
The company was founded in 1954 as the Apache Oil Corporation in Minnesota by Truman Anderson, Raymond Plank, and Charles Arnao.
During the 1950’s, 1960’s, and 1970’s Apache drilled wells in Oklahoma, acquired interest in a Minneapolis landmark, acquired S&J Ranch, went public, and formed Apache Exploration as its oil and gas operating company.
In the 1980’s the company expanded to the Gulf of Mexico and created Apache Petroleum Company.
Today Apache Corporation is an oil and gas exploration and production company with onshore and offshore operations throughout the globe.
In 2012 the company had estimated reserves of 1.13 billion barrels of crude oil, 292 million barrels of natural gas liquids, and 7.3 trillion cubic feet of natural gas.
Apache Corporation is publicly traded on the New York Stock Exchange under the ticker symbol APA, is a member of the S&P 500, is #271 in the Fortune 500, has 5,342 employees, and had $15.86 billion in revenue in 2013.
