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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]

Contents

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: [4]

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. Board, Apache, accessed February 27, 2011.
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