Subsidiary: Apache Corporation

Apache was founded in the U.S in 1954 and has operated across multiple basins throughout its history. Since 1992, its corporate headquarters have been in Houston, Texas, the center of the global natural gas and oil industry. The company’s U.S. producing assets are primarily located in the Permian Basin of West Texas, including the Midland and Delaware sub-basins, with additional legacy operations offshore in the Gulf of America.

Apache has operated in the Permian Basin since the 1990s. The region plays a central role in the company’s long-term strategy, offering both conventional and unconventional development opportunities. As of Dec. 31, 2024, the company had nearly 4,300 wells across 2.7 million gross acres, primarily in the Midland and Delaware Basins. Apache’s estimated proved reserves of 695 million barrels of oil equivalent (MMboe) represent 72% of its worldwide proved reserves. In 2024, U.S. total production reached 103.6 MMboe, accounting for 62% of total production.

Apache’s presence in the Gulf Coast and the Gulf of America includes fee acreage in southern Louisiana and interests in deepwater exploration and development. In Louisiana, the company manages 270,000 acres of land to help protect swamps, marshes and native species. Apache’s conservation efforts include rebuilding shorelines to prevent saltwater intrusion that harms marsh grasses and supporting sustainable harvesting and ranching practices that have helped restore alligator populations.

In the Gulf of America, Apache holds interests in several deepwater exploration and development leases. In 2013, the company sold its offshore assets in water depths less than 1,000 feet, but retained a 50% ownership interest in deeper prospects and access to existing infrastructure, providing strategic flexibility for future development.

For the latest on Apache’s U.S. operations, see the company’s quarterly updates and disclosures on the Investors page.