Anadarko

FourPoint Energy LLC, a privately held exploration and production (E&P) company based in Denver, plans to more than double its position in the Anadarko Basin, after agreeing to purchase producing oil and natural gas assets in Western Oklahoma from Chesapeake Energy Corp. units for $840 million.

FourPoint Energy LLC, a privately held exploration and production company based in Denver, plans to more than double its position in the Anadarko Basin, after agreeing to purchase producing oil and natural gas assets in Western Oklahoma from Chesapeake Energy Corp. units for $840 million.

The U.S. Supreme Court on Monday rejected an appeal by BP plc and Anadarko Petroleum Corp. over federal water fines related to the 2010 Macondo oil spill, which means the producers face billions in fines that could be levied any day.

The U.S. Supreme Court on Monday rejected an appeal by BP plc and Anadarko Petroleum Corp. over federal water fines related to the 2010 Macondo oil spill, which means the producers face billions in fines that could be levied any day.

Anadarko Petroleum Corp., it would appear, followed the advice…

Anadarko Petroleum Corp., it would appear, followed the advice (in more ways than one) of Ralph Waldo Emerson, who said, “Fractures well cured make us more strong.” Faced with low commodity prices, the super independent turned to better drilling, improving efficiencies and output across the board while lowering costs during the first quarter.

Federal officials urged the court overseeing the Macondo well blowout litigation to slam BP plc and Anadarko Petroleum Corp. with substantial Clean Water Act (CWA) fines to send a message to the entire exploration industry.

Two of the biggest onshore operators in the United States, Anadarko Petroleum Corp. and EOG Resources Inc., will disclose information on the financial risks posed to their investors associated with hydraulic fracturing (fracking) under an agreement reached Friday with the New York Office of the Attorney General (OAG). The settlement comes on the heels of ExxonMobil Corp.’s first unconventional drilling risk report, which was issued voluntarily to investors this week.

For the second time in six months, an environmental group in Pennsylvania has made an appeal to the state’s Environmental Hearing Board (EHB) to challenge a permit issued to a subsidiary of Anadarko Petroleum Corp. for a well in Lycoming County.