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Apache Corp.

(Photo by NOAA via Getty Images)

Halfway through hurricane season, weather largely calm

The hurricane season runs from June 1 through November, and usually peaks from mid-August through late October. This year’s season started early when Tropical Storm Ana struck South Carolina in May, but has been quiet since. No major hurricanes have formed.
An oil well owned an operated by Apache Corporation in the Permian Basin are viewed on February 5, 2015 in Garden City, Texas. (Photo by Spencer Platt/Getty Images)

Apache posts $5.6 billion loss, but still beats analyst estimates

Apache saw its oil production grow from both the first quarter and the second quarter of 2014, buoyed primarily by gains in Texas’ Permian Basin and in Egypt.
(Photo by Eddie Seal for Bloomberg News)

2015 already a record year for writedowns, IHS says

Beleaguered drillers wrote off $29 billion in the first quarter of the year alone, more than the 2014 full-year total of about $25 billion.
Larry Mitchell uses the new Natural Gas filling station at a Texaco Station at 24985 Katy Freeway,in Katy, Texas Tuesday July 7, 2015. The Katy based CNG 4 America is a  supplier of Natural Gas. (Billy Smith II / Houston Chronicle)

Katy-based CNG company adds another Houston fueling station

In just a few years of rapid growth, the Houston area now counts more than a dozen CNG stations from Rosenberg up to Conroe, including one by Apache Corp. in the Galleria area.
(Eddie Seal/Bloomberg)

Freeport-McMoRan’s offshore drilling firm going public

Houston-based Freeport-McMoRan Oil & Gas Inc. could be the first U.S. oil producer to launch an initial public offering this year, a sign that investors are figuring out what values to put on private oil and gas companies amid relatively steady $60 crude.
A heavy duty jack-up rig drills over the Forties Echo platform (Apache Corp.)

Apache reorganizes leadership, closes offices

Houston-based Apache CEO and President John Christmann, who abruptly took over the CEO role in January, is merging North American operations into two “super regions” in Houston and the Permian region in Midland. A third international and offshore super region will consist of Apache’s Egypt, North Sea and Gulf of Mexico regions.
Emir Nevarez, left, and Edgar Mascorro, check out the damage on the rooftop at the Silver Springs Apartments in North Austin, Texas, Sunday, May 24, 2015. (Ricardo B. Brazziell/Austin American-Statesman via AP)

Video: Three injured in North Texas after tornado hits Houston company’s natural gas rig

The sherriff’s office said one of the injured suffered an “impalement to the abdomen,” and another had non-life-threatening injuries to the face. The third had minor injuries, and was in stable condition as of Wednesday night, according to Reuters.
The Apache-operated Varanus Island Gas hub is located in western Australia (Apache Corp.)

Apache Corp. is exiting Australia with a $2.1 billion asset sale

The assets produced the equivalent of about 49,000 barrels of oil a day in March.
(Photo by Andrew Burton/Getty Images)

Energy executives create new company in Tulsa

The five businessmen, who have all spent time at oil and gas company Apache Corp., say the company will focus on producing oil and natural gas liquids.
(Apache Corp.)

Apache has pumped almost 1 million barrels of oil from its Egypt fields since November

Apache has already spent $14 million to install production facilities at two fields in Egypt’s Western Desert.