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

Apache to step up exploration activity abroad

Apache President and Chief Executive G. Steven Farris told analysts at the Howard Weil Energy Conference that less than 40 percent of the independent oil and gas company's production was in the United States. Due to rising costs and the fact that U.S ...
Posted: April 3, 2007, 4:57 am

Apache to sell offshore oil exploration assets in Gulf of Mexico

"This transaction is an important step toward rebalancing our portfolio," said G. Steven Farris, chairman and chief executive officer. "At the end of this process, we expect Apache to have the right mix of assets to generate strong returns, drive more ...
Posted: July 18, 2013, 1:39 pm

This Is 1 Incredible CEO

Two thumbs up Apache's stock performance last year may not be burning it up relative to its peers, but G. Steven Farris has definitely set his company and current shareholders up for success by ridding itself of non-performing assets, reducing debt ...
Posted: June 26, 2013, 12:59 am
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