What is the history of Apache Corp.?

Apache Corp. was founded in 1954 by Truman Anderson and Raymond Plank. Initially, it operated as a small independent oil and gas exploration company in Minnesota. In the early years, Apache focused on developing the Anadarko Basin in the United States. However, the company quickly expanded its operations globally. Throughout the decades, Apache made significant acquisitions, expanding its portfolio in North America, Egypt, Australia, the North Sea, and other international regions. Notably, in 2010, Apache acquired BP's assets in the Gulf of Mexico, bolstering its deepwater capabilities. Over the years, Apache has demonstrated resilience, adaptability, and an ability to navigate through industry downturns and periods of volatility. The company continues to focus on exploration, production, and development of oil and gas resources worldwide. Today, Apache Corp. is recognized as an industry leader, committed to responsible operations and sustainable energy development.