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anadarko

(Photographer: Jamie Schwaberow/Bloomberg)

Anadarko writes down $3.7 Billion in value from Utah field

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Anadarko Petroleum Corp. reported its biggest quarterly loss in more than a decade after writing down the value of a single field in Utah by $3.7 billion.
ConocoPhillips operations in the Eagle Ford Shale in South Texas.

As costs fall, companies may start completing wells again

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Oil companies keeping thousands of barrels of crude off the market by drilling but not completing wells may soon start flooding the market again.
The Maersk Developer drills an exploratory well into Statoil's Martin prospect, about 3,000 feet below the surface in the Gulf of Mexico. Two years ago, Statoil paid $157 million for the right to drill into a single 9-square-mile block at the site and the Norwegian company is now spending about $1.1 million a day to rent the Developer, supply the drilling rig and pay for other contractors. (Jennifer A. Dlouhy / Houston Chronicle)

Statoil makes Gulf of Mexico discovery

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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.
(AP Photo/Gerald Herbert, File)

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

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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.
Anadarko Petroleum Corporation CEO Al Walker, gives a speech after his company won top ranked large employer during the Houston Chronicle's Top Workplaces Awards Gala, Thursday, Nov. 8, 2012, in Houston. (Nick de la Torre/Houston Chronicle)

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

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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.
(Thomas Shea photo)

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

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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.
Don Vardeman, vice president of worldwide projects management at Anadarko Petroleum Corporation, talks at Kiewit Offshore Services, 2440 Kiewit Road, in front of the topside production module that will be attached to the Lucius truss spar shown Thursday, July 11, 2013, in Ingleside. (Melissa Phillip/Houston Chronicle)

Anadarko to pull back 2015 spending

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Anadarko executives said on a Tuesday call with analysts that capital expenditures would fall in 2015, though they offered few specifics.
(AP Photo/Gerald Herbert, File)

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

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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.
(AP Photo/Gerald Herbert, File)

Spill trial: BP makes its case for lower pollution fines

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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.
A diver explores former offshore oil equipment  that has been turned into an artificial reef in the Gulf of Mexico under the states "rigs to reefs" program. (Texas Parks and Wildlife Department)

Video: Anadarko turns massive Gulf spar into marine habitat

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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.