Key dates

  • Dec. 6, 1954: Apache was founded.
  • 1959: Apache diversified until oil and gas demonstrated long-term viability and profitability.
  • 1967: The Fagerness No. 1 discovery puts Apache on the map.
  • Apache's stock lists on the New York Stock ExchangeMay 27, 1969: Apache's stock was listed on the New York Stock Exchange, opening at $30.50 per share.
  • 1971: Apache Exploration Company was formed, which brought renewed emphasis to oil and gas.
  • 1977: Apache sells diversified assets.
  • 1981: Apache Petroleum Company was formed, the country's first Master Limited Partnership.
  • 1982: Acquisition of Dow Chemical's oil and gas assets by APC; beginning of growth through acquisition.
  • 1986: Oxy acquisition and imminent tax reform leads to restructuring as a pure exploration and production company.
  • 1987: Headquarters moves from Minneapolis, Minn., to Denver, Colo.
  • 1988: Decision to go international; Apache is years ahead of its peer group.
  • 1991: MW Petroleum acquisition formalizes “acquire and exploit” and precipitates headquarters' move to Houston.
  • 1993: With Hadson acquisition, Australia becomes first international core area.
  • Apache reenters Canada1995: Dekalb merger marks return to Canada after 25-year absence and formation of second international core area.
  • 1996: Earnings reach $100 million for the first time.
  • 1996: Phoenix merger makes Egypt third international core area.
  • July 22, 1997: Standard & Poors added Apache to the S&P 500 index.
  • 1999: Shell GOM acquisition marks beginning of Apache's pre-eminence on the Outer Continental Shelf.
  • 1999: Shell Canada acquisition: $518 million.
  • 2001: Fletcher Challenge acquisition: Canada, $677 million.
  • Egypt was Apache's third international core area.2001: Repsol acquisition: Egypt , $447 million (which brought operatorship of Khalda).
  • 2003: BP North Sea acquisition adds fourth international core area.
  • 2003: Qasr No.1 in Egypt: At 2-3 TCF, it marks the largest onshore discovery in the company's history.
  • 2003: Earnings reach $1 billion for the first time on record reserves and production.
  • 2003: BP acquisition: UK North Sea, $650 million.
  • 2003: BP acquisition: Gulf of Mexico, $650 million.
  • 2003: Shell acquisition: Gulf of Mexico, $200 million.
  • Apache dually lists on the NASDAQ stock marketJan. 12, 2004: Apache dually lists on the NASDAQ stock market.
  • 2004: Anadarko acquisition: Gulf of Mexico, $525 million.
  • Oct. 26, 2004:  Apache share price doubled in four years, adding more than $9 billion in shareholder value.
  • 2005: ExxonMobil agreements: West Texas, Western Canada, onshore Louisiana and the Gulf of Mexico Continental Shelf
  • 2005: Anadarko acquisition: Gulf of Mexico, $525 million.
  • 2006: Amerada Hess acquisition: Permian Basin of West Texas and New Mexico.
  • 2007: Year-end earnings hit record of $2.8 billion or $8.39 per share.
  • 2009: Apache Founder Raymond Plank retires after 54 years of service.
  • 2010: Devon acquisition: Gulf of Mexico shelf, $1.05 billion.
  • 2010: BP acquisition: Permian Basin, $2.5 billion.
  • 2010: BP acquisition: Canada, $3.25 billion. 
  • 2010: BP acquisition: Egypt, $650 million.
  • 2010: Mariner Energy acquisition, $2.7 billion, provides a strategic position in the deepwater Gulf of Mexico. 
  • 2011: Acquired ExxonMobil Beryl Field and other UK North Sea assets for $1.75 billion
  • 2012: Cordillera Energy Partners, $2.5 billion cash, plus 6.3 million Apache common stock for properties in the Anadarko Basin.
  • 2013: Apache sells Gulf of Mexico Shelf assets to Fieldwood Energy.
  • 2014: Apache sells Argentina assets to YPF.
  • 2014: Apache sells natural gas assets in western Canada to concentrate on liquids-rich opportunities.
  • 2014: Apache sells its non-operated interests in the Lucius and Heidelberg development projects and 11 primary term deepwater exploration blocks to a subsidiary of Freeport-McMoRan Copper & Gold Inc.