Apache Company Description
There's more than a patch of oil in Apache's portfolio. Apache is an oil and gas exploration and production company with onshore and offshore operations in North America and in Argentina, Australia, Egypt, and the UK. The company has estimated proved reserves of 2.4 billion barrels of oil equivalent, mostly from five North American regions: the Gulf of Mexico, the Gulf Coast of Texas and Louisiana, the Permian Basin in West Texas, the Anadarko Basin in Oklahoma, and Canada's Western Sedimentary Basin. In 2007 Anadarko Petroleum agreed to sell its interests in 28 crude oil fields in West Texas to Apache for about $1 billion.
View the Comprehensive Company Description for Apache
The Company Description provides a historical perspective of Apache's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Apache's evolution in the marketplace.
