Apache
A U.S. independent oil and gas exploration and production company, now operating as APA Corporation.
Last updated October 30, 2026
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Overview
Apache Corporation is a U.S. independent energy company founded in 1954 and focused on the exploration, development, and production of oil and natural gas. Founded by Truman Anderson, Charles Arnao, and Raymond Plank, the company initially built its business around oil and gas activities in the U.S. Southwest before expanding through acquisitions, international operations, and portfolio restructuring. Its long-standing operating areas have included U.S. onshore assets, Egypt, and the United Kingdom’s North Sea. The company is publicly traded on the New York Stock Exchange under the ticker APA. In 2021, Apache Corporation changed its corporate name to APA Corporation to align the company name more closely with its ticker, while Apache remains relevant as the company’s historical name and brand identity. This entry refers to the U.S. oil and gas company, not other entities using the Apache name in food, software, automotive, or other sectors.
History
Apache Corporation was established in the United States in 1954 by founders including Truman Anderson, Charles Arnao, and Raymond Plank. It began as an independent oil and gas company and built its business through exploration, development, and acquisitions of hydrocarbon assets. As the oil and gas industry evolved, Apache expanded its portfolio beyond the United States into international producing regions. Its international operations have included Egypt and the United Kingdom’s North Sea. Through acquisitions, divestitures of non-core assets, and changes in capital allocation, the company has repeatedly reshaped its portfolio to focus resources on oil and gas assets with development potential and cash-generation capacity. In 2021, the company changed its corporate name from Apache Corporation to APA Corporation. The change was primarily a corporate naming and branding adjustment rather than an abandonment of its core exploration and production business. APA Corporation has continued operating as a publicly traded energy company.
Products and positioning
Independent oil and gas exploration and production company
Energy Products
Crude oil
One of Apache/APA’s core outputs, produced through upstream exploration, development, and production activities in the United States and international markets. The company is not primarily a consumer marketer of refined fuels; it participates in discovering, extracting, and commercializing crude oil resources.
Energy Products
Natural gas liquids
Natural gas is an important part of the company’s upstream portfolio and is often produced alongside crude oil and natural gas liquids. Its role is focused on resource development and production rather than operation of a consumer residential-gas brand. Natural gas liquids are associated products of hydrocarbon production and one of the product categories generated by Apache/APA’s upstream assets. Their volumes and commercial value depend on the geology and production mix of individual fields.
Recent events
Apache offshore strike shuts seven installations[3]
A one-day strike by offshore workers employed by Apache shut down seven installations in the Forties and Beryl oil fields in the North Sea.
- Unconfirmed
Aker BP to acquire Apache's interest in Losgann/Froskelår discovery[4]
Aker BP signed an agreement with Apache to acquire Apache's operated interest in the UK part of the Losgann discovery, which together with the Froskelår discovery on the Norwegian Continental Shelf forms a single cross-border accumulation on the UK–Norway median line. The transaction is subject to approval by relevant authorities and customary completion conditions.
- Unconfirmed
Aker BP to acquire Apache interest in Losgann/Froskelår and ConocoPhillips operatorship in Slagugle[5]
Aker BP has entered into two separate transactions to strengthen its positions near existing infrastructure on the Norwegian Continental Shelf: an agreement with Apache to acquire its operated interest in the UK part of the Losgann discovery (which together with Froskelår forms a cross-border accumulation), and an agreement with ConocoPhillips Skandinavia AS to acquire operatorship and a 51 percent working interest in the Slagugle area in the Norwegian Sea. Both transactions are subject to approval by the relevant authorities and other customary completion conditions.
Reported
Aker BP acquires interests in Losgann/Froskelår and Slagugle discoveries[6]
Aker BP has entered into two separate transactions to strengthen its positions near existing infrastructure on the Norwegian Continental Shelf. In the North Sea, it agreed to acquire Apache's interest in the Losgann/Froskelår discovery near the Alvheim area. In the Norwegian Sea, it signed an agreement with ConocoPhillips Skandinavia to acquire operatorship and a 51 percent working interest in the Slagugle area near the Skarv field; ConocoPhillips will retain a 29 percent non-operated interest and INPEX Idemitsu Norge AS holds 20 percent.
Amaroq acquires Apache’s remaining Alaska lease positions[7]
Amaroq Resources LLC said it acquired the last remaining oil and gas lease positions held by Apache Corp. in Alaska. The transaction also included a geophysical data license agreement granting Amaroq access to Apache’s proprietary 3D data.
- Unconfirmed
LLYC acquires Apache[8]
LLYC acquired Apache, a performance and digital marketing shop. Apache's founding members were to continue running the operation alongside an LLYC executive.
Reported
TVS launches the 2020 Apache RR 310[9]
TVS Motor Company launched the 2020 Apache RR 310 in India. The model has a BS6-compliant engine and added features including a TFT instrument panel with Bluetooth and four ride modes.
Sources10 sources
- 1APA Corporation official websiteapa.com
- 2APA Corporation annual reports and company informationinvestor.apa.com
- 3Apache海上罢工导致七处设施停运wsws.org
- 4Aker BP 拟收购 Apache 在 Losgann/Froskelår 发现中的权益oilandgasonline.com
- 5Aker BP拟收购Apache在Losgann/Froskelår的权益及ConocoPhillips在Slagugle的作业权euro-petrole.com
- 6Aker BP收购Losgann/Froskelår和Slagugle发现区权益oedigital.com
- 7Amaroq收购Apache在阿拉斯加剩余的租赁权益petroleumnews.com
- 8LLYC 收购 Apacheodwyerpr.com
- 9TVS推出2020款Apache RR 310autocarindia.com
- 10Norway: Aker BP acquires interests in the Losgann/Froskelår and Slagugle discoveriesenergy-pedia.com
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