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The Anderson-Prichard Oil Corporation (reporting mark: APCO), a regional oil refinery and gasoline distributor, began operation in Oklahoma City, Oklahoma in 1919, founded by J. Steve Anderson and Lev H. Prichard Sr. [1] The partnership was incorporated as a Delaware corporation on June 30, 1922.
“APCO” was a common acronym used within the Anderson-Prichard Oil Corporation since its founding in 1922. As early as 1926, Anderson-Prichard began attempts at trademarking the acronym, first through overtures to the American Pacific Company, and later through communications with the American Oil Company, whose trading name AMOCO was thought to be too similar.
Magellan Midstream Partners, L.P. is an American energy pipeline operator based in Tulsa, Oklahoma that primarily transports, stores and distributes refined petroleum products and crude oil. [ 2 ] [ 3 ] It owns ammonia and petroleum pipelines in the Mid-Continent oil province . [ 2 ]
In 1981, the company created Apache Petroleum Company (APC), the first public master limited partnership in the United States. [7] In 1985, the company acquired oil and gas wells in eight states from David Holdings for $200 million. In 1986, the company acquired oil and gas assets in the Gulf of Mexico from Occidental Petroleum. [8]
From 1907 to 1930, Oklahoma and California traded the title of number one US oil producer back and forth. [1] Oklahoma oil production peaked in 1927, at 762,000 barrels/day, and by 2005 had declined to 168,000 barrels/day, but then started rising, and by 2014 had more than doubled to 350,000 barrels per day, the fifth highest state in the U.S. [2]
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The Williams Companies, Inc., is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets. A Fortune 500 company, [1] its common stock is a component of the S&P 500.
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