Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.
President Barack Obama celebrated “booming” U.S. oil and gas production during his fifth formal State of the Union address Tuesday night, delivering a blow to environmentalists worried the president isn’t doing enough to combat climate change.
Natural gas was the clear winner in President Barack Obama’s fifth State of the Union address, delivered Tuesday evening. Both environmentalists and boosters of the oil and gas industry took to Twitter to giver their takes
From Democratic Rep. Joaquin Castro to a Fredericksburg RV enthusiast, Texans are weighing in on the Obama administration’s proposal to slash the amount of biofuels that must be blended into the nation’s gasoline supply.
Companies that invested in North American oil plays were rewarded with big stock gains in 2013, even as the largest energy companies saw little change in their value overall, according to a new report from the research firm IHS.
As Mexico moves to open its energy sector to international companies, the new investments and increased activity could mean a bonanza for border towns on both sides, attracting as much as $1.2 trillion in economic activity to the region in the next decade, according to a BBVA Compass economist.
Houston-based Energy Water Solutions is recycling water for Eagle Ford Shale operator EP Energy, the company announced Tuesday. The movable water recycling facilities are cleaning produced water – which comes up alongside the well with oil and gas – so that it can be used for hydraulic fracturing. Energy Water Solutions said that the […]
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