G Steven Farris Net Worth is42.0 $Million
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Company Name: Apache Corporation / company logo
Apache Corporation is an American independent oil and gas corporation. It is headquartered in 1 Post Oak Central in the Uptown district of Houston, Texas.
Apache has become a large multinational company, with regional offices and operations in the United States, Argentina, Australia, Canada, Egypt and UK North Sea.
In 2012, Apache's market capitalization is approximately $35 billion. The company's proved reserves at year-end 2010 totaled 2.95 billion barrels of oil equivalent, roughly half oil and half natural gas.
In 1954 Apache Oil Corporation is founded in Minneapolis, Minnesota, by Truman Anderson, Raymond Plank and Charles Arnao. In 1955 The first wells were drilled in the Cushing field, between Tulsa and Oklahoma City. In 1960 Apache acquired interests in the Foshay Tower (a Minneapolis landmark). The 32-story imitation of the Washington Monument, became the location of Apachea??s headquarters from early a??60s until 1984. In the 1967 the oil well Fagerness #1 was discovered. In 1969 Apache Corporation shares were listed on the New York Stock Exchange (NYSE: APA). In 1970 Apache expanded into agriculture with the acquisition of Fresno, Californiaa??s S&J Ranch. In 1971 it formed Apache Exploration Company (subsequently a??Apexcoa??) as its oil and gas operating child company. In 1977 Following the sale of Apexco, Apache operates GHK's drilling program in the Anadarko basin.
In 1980 the company acquired non-operating interest (through participation in the Shell Joint Venture) in the Gulf Of Mexico, opening the door to production on the Outer Continental Shelf. In 1981 they created Apache Petroleum Company (APC), US's its first master limited partnership (MLP). In 1986 the company acquired oil and gas assets from Occidental Petroleum (Oxy), marking Apachea??s entry to the Gulf of Mexico as an operator. In 1987 they moved their headquarters from Minneapolis to Denver.
In 1991 they acquired the MW Petroleum assets from Amoco, buying Apache a positio

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G Steven Farris Latest News

UPDATE 3-Apache dives deep in Gulf with Mariner buy

“This is the right time for us to enter the Gulf of Mexico, certainly from the technological standpoint, and from an economic standpoint, it should pay dividends for years to come,” Chief Executive G. Steven Farris told a conference call. Energy ...
Posted: April 14, 2010, 5:00 pm

Apache CEO Farris retires

HOUSTON — G. Steven Farris, the longtime chairman and chief executive and Apache Corp., has retired, the company announced Tuesday morning. John Christmann, the company’s executive vice president and chief operating officer for North America ...
Posted: January 20, 2015, 11:23 am

Apache taps new CFO as exiting CEO gets hefty retirement package

HOUSTON – Apache Corp. is hiring a former BP executive to oversee its finances and has agreed to pay departing CEO G. Steven Farris his $1.75 million base salary and other payments for the next three years. The Houston oil explorer said Thursday it ...
Posted: January 23, 2015, 10:07 pm
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