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.
Surging oil and gas production in new areas across the United States creates fresh opportunities and challenges for companies operating a labyrinth of North American pipelines built decades before the current drilling boom, said Kinder Morgan executive David Devine.
A dozen people have been indicted on federal charges alleging they were involved in a ring that distributed methamphetamine in the Bakken oil patch along the North Dakota border, and in other cities and towns across Montana, authorities said.
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