Anadarko Petroleum Corporation (NYSE: APC) was founded in 1959 and is headquartered in Woodlands, Texas, USA, with 4,500 full-time employees. It is one of the largest independent petroleum exploration and production companies in the world. The business mainly includes oil and gas exploration, development and sales of petroleum products.
Anadarko Petroleum (APC):
Anadarko Petroleum Corporation is engaged in the exploration, development, production and sales of oil and gas, and its operations cover three parts: oil and gas exploration and production, midstream and marketing.
The exploration and production of oil and natural gas mainly involves the exploration and production of natural gas, oil, condensate and natural gas liquids (NGLs). Midstream mainly provides collection, processing, processing and transportation services for Anadarko and third-party oil, natural gas, liquid natural gas and producers, and owns and operates collection, processing, processing and transportation systems in the United States. Marketing is divided by market: the sale of oil, natural gas, and LNG in the United States; the sale of oil and LNG internationally; and the expected exploitation of LNG in Mozambique.
The company’s assets are located in the onshore resource zone of the Rocky Mountain region of the United States, the southern United States, the Appalachian Basin, Alaska, the deep waters of the Gulf of Mexico, Mozambique, Algeria, Ghana, Brazil, Colombia, Ivory Coast, Kenya, Liberia, New Zealand and other countries.
As of December 31, 2015, the company has proven oil reserves of approximately 2.1 billion barrels equivalent.
Main subsidiaries: Anadarko Algeria, Anadarko Trading Company.