Apache

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"Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids." The company has operations in Australia, Argentina, Canada, Egypt, the UK North Sea, and the U.S. It was formed in 1954.[1]

Apache's operations in the United States are in the Anadarko and Permian basins, along the Gulf of Mexico, in areas on-and offshore Texas and Louisiana, and leasehold acreage holdings in Alaska.[2] The company is the second-largest gas producer in the United States, as of 2012.[3]

Tar sands spill

On June 1, 2013, a tar sands spill was discovered near the small town of Zama City in Alberta, Canada. Apache said 9.5 million litres of 'produced water' was released into the environment, covering over 1,000 acres of boreal forest. As of mid-June, the cause of the leak is not known, although Apache has assumed responsibility. Following initial speculation that the leak stemmed from aging infrastructure, officials from Apache Corp. revealed that the pipeline was only five years old and had been designed to last for 30.[4]

Future projects

On June 15, 2012, Apache said it located a site in British Colombia that could contain as much as 48 trillion cubic feet of recoverable gas. The site is spread over 430,000 acres in northeastern B.C., west of the Horn River basin. Apache said there is no rush to develop the site because of record low prices for natural gas.[3]

Terminals

Apache is partnering with two other firms to build a $4.5 billion liquefied natural gas terminal near Kitimat, B.C. to "service the booming Asian market for natural gas." The new field would be able to double the site's capacity, something the companies say they plan on doing once the site is running.[3]

Board

Accessed February 2011: [5]

Contact

URL: http://www.apachecorp.com

Resources and articles

Related Sourcewatch

References

  1. History, Apache, accessed February 27, 2011.
  2. Apache: United States, Apache, accessed June 19, 2012.
  3. 3.0 3.1 3.2 "Apache reveals 'outstanding' B.C. shale gas find," CBC News, June 15, 2012.
  4. Scott Sutherland, "Alberta toxic waste spill could be biggest North American environmental disaster in recent history," Geekquinox, June 13, 2013.
  5. Board, Apache, accessed February 27, 2011.