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Houston-based Apache Corp. to close regional office in Tulsa

TULSA, Okla. (AP) — Houston-based oil and gas producer Apache Corp. will close its regional office in Tulsa as part of a company-wide restructuring.

The Tulsa World reports the company announced its plans Monday to close the office that employs 160 people. Apache spokeswoman Castlen Kennedy said the company will try to offer as many jobs as possible to the 160 employees. Those jobs will probably be in Houston, San Antonio or Midland, Texas.

The Tulsa office had been open since the mid-195s and oversaw Apache drilling in the Anadarko Basin of western Oklahoma and the Texas Panhandle — but since the drop in the price of crude oil Apache has reduced the number of rigs from two dozen last year to one.

Kennedy said Apache will maintain several district offices in Oklahoma.

In related news, Apache shareholders approve proxy access proposal.

This article was from The Associated Press and was legally licensed through the NewsCred publisher network.

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