APA Corporation

Website

Website

Linkedin Page

Address

2000 Post Oak Blvd, Suite 100
Houston, TX 77056-4400

Phone

(713) 296-6000

Company Description

APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere.

Recent News

In 2025, APA expects total adjusted production to reach 396,000 BOE/d, reflecting a 3% increase from 2024, with U.S. oil production holding steady at 125,000-127,000 barrels per day and Egypt adjusted volumes growing slightly to 69,000 BOE/d. The company plans to invest $2.5 to $2.6 billion in upstream capital, including $200 million for the GranMorgu project in Suriname and $100 million for exploration, primarily in Alaska. APA is also implementing cost-saving initiatives targeting $350 million in reductions by 2027, while maintaining an eight-rig program in the Permian and twelve rigs in Egypt to drive production efficiency and long-term growth.

Operations

Midland County, TX ranks #1 in the state for BOE produced in the most recent month (Jun 2022).

Loving County, TX ranks #4 in the state for BOE produced in the most recent month (Aug 2022).

Upton County, TX ranks #7 in the state for BOE produced in the most recent month (Jun 2022).

Eddy County, NM ranks #2 in the state for BOE produced in the most recent month (Jul 2022).

Reeves County, TX ranks #1 in the state for BOE produced in the most recent month (Jun 2020).

Glasscock County, TX ranks #12 in the state for BOE produced in the most recent month (Jul 2022).