Tracey Henderson

Executive Vice President of Exploration, APA Corporation

Search every verified Tracey Henderson interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Tracey Henderson, Executive Vice President of Exploration at APA Corporation, appeared on the podcast "Let's Talk Energy" in June ​2026 to discuss the state of global oil and gas exploration. She said the industry has gone through cycles throughout her career, with exploration becoming a top priority during upturns and often being cut first during downturns. Henderson noted that many companies reduced exploration budgets and staffing starting in the 2010s, driven by efficiency gains, the rise of US shale, and investor pressure, but said exploration is now seeing a resurgence as oil demand remains resilient and shale fields show limits. She said rebuilding an exploration portfolio takes time and that the industry is finding less oil and making fewer large discoveries annually. Henderson also discussed APA's exploration activities, including its position in Suriname and Guyana, referring to a "golden lane" play extending from Suriname into Guyana. She said the company sees significant prospectivity within that proven play and plans to focus on it in the near term, while also noting additional deeper prospectivity to the south that could be explored later. Regarding a frontier position in Uruguay, Henderson said this was not the first time the industry had explored there. She also responded to the idea that all big things have been found globally, saying she had heard that statement many times in her career and that large discoveries have continued to be made in various regions.