Tag: anadarko

As costs fall, companies may start completing wells again

Oil companies keeping thousands of barrels of crude off the market by drilling but not completing wells may soon start flooding the market again.  More »

Statoil makes Gulf of Mexico discovery

Statoil and its partners have struck oil in the Gulf of Mexico, but more work is needed before the Norwegian oil company can determine the size of the discovery.  More »

Exxon Mobil starts production at its new deepwater project in the Gulf

Total production of the project is expected to reach about 300 million cubic feet of gas and 3,000 barrels of liquids per day from two wells.  More »

Anadarko paid executives $127,252 for club memberships in 2014

Anadarko Petroleum Corp., an oil and gas exploration and production company, paid its five named executives $127,252 in fees for club memberships in 2014, a benefit provided by only two of the 12 peers it uses to benchmark compensation.  More »

Enterprise Products, Anadarko, Markwest and DCP announce joint venture for NGL pipeline

Under the terms announced, Enterprise will continue to own 55 percent of the line that connects to its processing and storage hub in Mont Belvieu, Texas.  More »

Anadarko to pull back 2015 spending

Anadarko executives said on a Tuesday call with analysts that capital expenditures would fall in 2015, though they offered few specifics.  More »

Anadarko didn’t pay cleanup costs for Gulf of Mexico oil spill, U.S. witness says

The statement may undermine the company’s argument that it shouldn’t be fined for the spill, while the U.S. government seeks more than $1 billion from Anadarko.  More »

Spill trial: BP makes its case for lower pollution fines

BP’s fourth and final witness, Robert Cox, a practicing physician and toxicologist at the University of Mississippi Medical School, said he found the oil spill and the efforts to clean it up left no significant adverse human health impacts or threats to public health, based on his analysis of exhaustive state and federal data.  More »

Video: Anadarko turns massive Gulf spar into marine habitat

Anadarko Petroleum Corp. has turned a 7,200-ton cell spar hull into a dark cave-like habitat for fish, sea anemones and other deep-sea creatures 200 miles off the coast of Louisiana.  More »

BP penalty trial begins in New Orleans

A federal judge on Tuesday will hear arguments from BP and U.S. government attorneys and experts in the long-running civil case over the 2010 Gulf of Mexico oil spill.  More »

Anadarko oil spill fines cut by $1.1 billion after ruling

The Woodlands-based oil company had owned 25 percent of the doomed Macondo well and is on the hook for up to $1,100 in fines for every barrel that reached the Gulf of Mexico in 2010.  More »

Appeals court won’t rehear a BP oil spill liability argument

A federal appeals court has refused to reconsider its 2014 ruling that BP cannot avoid federal penalties for the 2010 Gulf of Mexico oil spill by blaming another company’s failed equipment.  More »

Anadarko, Dallas company to reimburse $5 million to Oklahoma

State staff monitoring oil and gas wells for compliance discovered Anadarko Petroleum and Exco Resources weren’t paying the full amount from their wells to a trust fund for Oklahoma public schools.  More »

Exxon Mobil drops to No. 4 in world rankings of largest oil firms

While Exxon Mobil fell, Russian and Chinese companies gained in the rankings.  More »

One Halliburton worker dead, two injured in Colorado accident

Halliburton Co. confirmed that one worker died and two were injured during an accident in Colorado Thursday.  More »
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