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.
Senate Republicans and Democrats were battling over climate change Thursday, during a hearing on President Barack Obama’s plan to combat greenhouse gas pollution and deal with the unpredictable weather and geographic changes it causes.
Deputy Minister for Oil and Gas, Omar Shakmak, announced on state television Thursday that proceeds from Libyan crude yielded a little less than $40 billion, less than the projected $ 50 billion for 2013.
Mexico’s oil company likely will target shallow-water fields when given the chance to stake its claim before a new policy opens the nation’s oil and gas fields to foreign firms, a legal expert said Wednesday.
Bracewell & Giuliani LLP announced just launched the ShalePlay app – a response to booming shale oil and gas production. The firm’s energy law and environmental law attorneys and government relations professionals put together the free app as a resource on shale and hydraulic fracturing news, information and trends. The ShalePlay app includes information on legislation, regulation, shale studies, an interactive […]
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