Anadarko

Colorado Flooding to Cost Anadarko 2.5M Boe

Assets impacted are among the company’s most valued onshore plays, executives said.

October 7, 2013

Industry Brief

Colorado Interstate Gas Pipeline(CIG) is back in full operations after being forced to shut down operations on a portion of its 4,300-mile pipeline system in the Rockies, aKinder Morgan Inc.(KMI) spokesperson said Tuesday. Inspection and recovery have been completed on two buried laterals that were exposed by the historic flooding and runoff in areas north and west of Denver. A force majeure had been declared and the pipeline taken out of service in mid-September (seeDaily GPI,Sept. 17). CIG is a unit ofEl Paso Pipeline, a subsidiary of KMI. The laterals were taken out of service as a precaution until they could be inspected, recovered and brought back online. CIG Lines 59A and 252A had been taken out of service; 59A delivers to theYoung Gas Storage Co., and 252A transports gas to the Tritown delivery point. CIG includes 4.5 Bcf capacity pipelines linked to gas production areas in the Rockies and the Anadarko Basin. It links directly to customers in Colorado and Wyoming and indirectly to other areas. CIG also owns interests in five storage facilities with 35 Bcf of working capacity in Colorado and Kansas.

October 3, 2013
Niobrara Operators Tested by Colorado Floods

Niobrara Operators Tested by Colorado Floods

Although the storms are gone, the troubles from historic flooding along the Front Range in Colorado continued to pop up Thursday in the Niobrara Formation portion of the Denver-Julesburg (DJ) Basin. Anadarko Petroleum Corp. wrestled with oil spills from two of its tank batteries damaged by the still-raging flood waters.

September 20, 2013

Industry Makes Slow Progress, Eyes Damage in Colorado

Natural gas and oil operators on Thursday made headway in digging out from nearly a week of torrential rains and flash flooding that has claimed lives and property throughout the Front Range of Colorado. Two oil spills related to Anadarko Petroleum Corp.’s operations were getting the major attention of industry and state officials as they continued to make post-storm assessments of the impact of historic flooding.

September 20, 2013
Industry Begins Assessing Damage in Colorado

Industry Begins Assessing Damage in Colorado

Some of the pieces, albeit uneven, were being put back in place Tuesday by natural gas and oil operators that have felt the sting of the torrential rains and flash flooding that has claimed lives and property throughout the Front Range of Colorado.

September 19, 2013

Chesapeake Shrinking, More Layoffs Possible

Chesapeake Energy Corp. is restructuring in more ways than one, with more layoffs expected across the nationwide organization.

September 19, 2013

Colorado Floods Impacting Utilities, E&Ps and Pipes

Torrential rains and widespread flooding in Colorado that have resulted in loss of life and more than 1,000 people missing are also having a significant impact on natural gas utilities, exploration and production (E&P) companies and gas pipelines.

September 17, 2013

Midstates Shares Soar on Operations Update

An acquisition of acreage and production in the Anadarko Basin last spring is paying off for Midstates Petroleum Co. Inc., according to the company’s operations update released Wednesday. The news cheered investors, who lifted Midstates shares more than 14% Wednesday.

September 12, 2013

Utah Governor Wants Rethink of Book Cliffs Leasing

Tens of thousands of acres in Utah if leased for oil and gas exploration could generate hundreds of millions of dollars for the state’s schoolchildren. But Gov. Gary Herbert said a decision to lease land to Anadarko Petroleum Corp. should be reconsidered as the acreage could have even more value if managed differently.

September 3, 2013

Two More Anadarko Execs Move to Chesapeake

Two of Anadarko Petroleum Corp.’s operations executives have left the company to join their former Anadarko colleague, Doug Lawler, who took over in June as CEO of Chesapeake Energy Corp.

September 3, 2013