[13], In 1993, the company acquired Hadson Energy Resources in a $58 million transaction, expanding its assets to offshore Western Australia.

[38], In 2017, the company sold its assets in Canada to Paramount Resources for C$459.5 million. Apache Nitrogen Products (formerly Apache Powder Company) began in 1920 as an American manufacturer of black-powder-based explosives for the mining industry. Another benefit of the location was hilly terrain that provided natural protection from explosion for the buildings used in production. The exact dates and builders are not known. [7] The plant eventually became the largest single location for the production of dynamite in the country. [33], In January 2012, the company acquired assets in the Beryl field in the North Sea from ExxonMobil. [34], In May 2012, the company acquired Cordillera Energy Partners for $2.5 billion in cash and 6.3 million shares of common stock. [9] The first shipment of dynamite occurred in 1922. Importantly, Technical decision-making authority for every Apache project is assigned to their independent project management committee; the participants in each project provide direction, not the board. The Board of Directors of The Apache Software Foundation (ASF) is responsible for management and oversight of the business and affairs of the corporation in accordance with the Bylaws. In 1986, the company acquired oil and gas assets in the Gulf of Mexico from Occidental Petroleum. [41] In 2020, its stock was delisted from the New York Stock Exchange in favor of solely listing shares on NASDAQ. [8], In 1991, the company doubled its reserves by acquiring assets from Amoco, including a position in the Permian Basin of West Texas, for $515 million and 2 million shares of Apache. [1], The company has been operating in the North Sea since 2003, predominately in the Forties oilfield. It contains boilers that produce steam which turn turbines to make the plant's electricity. [40] Steven Keenan, VP of global exploration and Lead Geologist on the play resigned once Alpine High was declared a failure. [9], In 1985, the company acquired oil and gas wells in 8 states from David Holdings for $200 million.

[16], In 1995, the company also acquired 315 oil and gas fields in the Permian Basin, the Texas-Louisiana Gulf Coast, western Oklahoma, East Texas, the Rocky Mountains and the Gulf of Mexico from Texaco.

The company was the only producer of these explosives in the Southwestern United States, producing 41 million pounds in 1956. [14], In 1994, the company began operations in Egypt by acquiring a 25 percent non-operated interest in the Qarun Concession, operated by the Phoenix Resource Companies. The company owned the properties for many decades, eventually selling them in the 1970s and 80s. Employment was in the hundreds, even through the great depression. [10], In 1987, the company moved its headquarters from Minneapolis to Denver. [1], As of December 31, 2017, the company had 1.175 billion barrels of oil equivalent (7.19×109 GJ) of estimated proved reserves, of which 69% was in the United States, 20% was in Egypt, and 11% was in the North Sea. The ASF was formed from the Apache Group and incorporated on March 25, 1999.[2][3]. [4], In 1970, the company diversified into agriculture with the acquisition of the S&J Ranch in California. [4], In 1967, the oil well Fagerness #1 was drilled, yielding the company's first major discovery. The company brought important employment and economic stimulus to Benson. [7], Coordinates: 31°52′49″N 110°14′25″W / 31.8804°N 110.2404°W / 31.8804; -110.2404, Apache Powder Historic Residential District, United States Environmental Protection Agency, U.S. National Register of Historic Places, "Community Profile: Apache Nitrogen Products, Inc. — Then and now", "Oral history compilation of Apache Powder in the works", "Close Hearing to Reduce Rates on Powder in States", "Deny Rehearing of Sawdust Rates on Arizona Railroad", "National Register of Historic Places Inventory/Nomination: Apache Powder Historic Residential District", "Apache Powder put the boom in Arizona mining", "Explosion at Apache Powder Works Killed Four", "Powder Plant Safer Than a City Pavement", "Apache Powder Company NPL site narrative", "Apache Powder Company Superfund site progress profile", "Apache Powder Co. Saint David, AZ Cleanup Activities", "Apache Powder Co. Saint David, AZ Cleanup Progress", History of the National Register of Historic Places, National Historic Preservation Act of 1966, https://en.wikipedia.org/w/index.php?title=Apache_Nitrogen_Products&oldid=982322490, National Register of Historic Places in Cochise County, Arizona, Buildings and structures completed in 1925, Articles using NRISref without a reference number, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, Benson Historical Society & Museum, Benson, This page was last edited on 7 October 2020, at 12:56. Information about Apache corporate governance and organization and how board meetings work are also available. The ASF is a meritocracy, implying that membership of the foundation is granted only to volunteers who have actively contributed to Apache projects. [7] After a series of additional meetings to elect board members and resolve other legal matters regarding incorporation, the effective incorporation date of the Apache Software Foundation was set to June 1, 1999.[3]. Many other public records of our corporation are published publicly. Apache also build an "evacuation hospital" at 209 West 6th St.