X0201 4 2004-02-26 0 0000006769 APACHE CORP APA 0001234545 PEPER CHERI L ONE POST OAK CENTRAL 2000 POST OAK BOULEVARD, SUITE 100 HOUSTON TX 77056-4400 0 1 0 0 Corporate Secretary Phantom Stock Units 0.00 2004-02-26 5 J 0 1.831 38.72 A Common Stock 1.831 1182.513 D One share of Apache common stock for each phantom stock unit. Accrued as of 02/23/2004; data provided by the plan administrator on 02/26/2004. Exempt acquisition pursuant to Rule 16b-3(d) - accrued under the deferred compensation provisions of Apache's Deferred Delivery Plan. The shares of common stock of Apache are deemed to also represent certain preferred stock purchase rights ('Rights'). The Rights are not currently exercisable or separately tradable and presently are evidenced by certificates for shares of the common stock. Value attributable to such Rights, if any, is reflected in the market price of the common stock. Cheri L. Peper 2004-02-27