Tag: Anadarko Petroleum

Anadarko gets zippy in the Eagle Ford

Like other companies operating in the Eagle Ford Shale region, the Woodlands-based Anadarko Petroleum appears to be in the race to drill the fastest wells. The company, which has 400,000 acres in Dimmit, La Salle, Maverick and Webb counties, recently had its fourth quarter call with analysts. Executives said that by the end of 2012, [...]  More »

Noble Energy planning 20-story office tower

Noble Energy is building a corporate campus, spanning nearly 1 million square feet, on the southwest corner of Texas 249 and Louetta. It’s the latest in a string of energy firms planning campus developments.  More »

Anadarko may dodge a ratings bullet with BP settlement

A settlement with BP over oil spill clean-up liabilities is good news for Anadarko Petroleums  More »

Anadarko sells its silence for $4 billion

No one can blame Anadarko Petroleum for jumping at the chance to settle claims from last year’s Macondo oil disaster in the Gulf of Mexico for $4 billion. For that price, it removes a huge cloud of uncertainty that hung over the company. Unlike Macondo’s operator, BP, Anadarko’s share of the claims could have posed [...]  More »

Judge throws out RICO claims vs. BP *update*

Gulf Coast businesses and residents can’t make claims that BP engaged in racketeering as part of last year’s oil spill, a federal judge ruled on today. The judge also said Anadarko must try to arbitrate its disputes over the failed Macondo well with BP before it can sue.  More »

Texas drought could crimp Eagle Ford drilling

The state’s record-breaking drought is making it harder for water-intense drilling operations to find water needed for operations.  More »

High oil prices, drilling technology fuel Permian Basin boom

Recent breakthroughs in drilling and extraction technology are giving producers a whole new set of targets to go after in one of Texas’ oldest oil-producing regions.  More »

Feds give Anadarko green light for drilling in Utah natural gas field

The project covers about 250 square miles in the Greater Natural Buttes area near the Colorado border. Officials say the project could yield 6 trillion cubic feet of natural gas.  More »

Investment in Wyoming’s Niobrara Shale yet to pay off

Anadarko, Noble, EOG and others in the industry have spent millions buying up rights to drill the formation beneath southeast Wyoming and northeast Colorado. ut Niobrara drilling has yet to take off and wells drilled so far have produced less than those in the booming Bakken Shale in western North Dakota.  More »

Natural gas execs: Regulation of fracturing best left in state hands

Energy company executives insisted today that because of geologic differences, states — not the feds — should take the lead in regulating the process used to produce natural gas from shale formations nationwide.  More »

A quartet of Enterprise deals

Houston-based Enterprise Products Partners this week announced a handful of deals to expand existing natural gas and gas liquids infrastructure.  More »