Anadarko

Industry Briefs

Tennessee Gas Pipeline Co. (TGP) has executed binding, 15-year term agreements with Cabot Oil & Gas Corp., Anadarko Energy Services Co. and Seneca Resources Corp. to carry up to 250,000 Dth/d of incremental firm transportation capacity from the Marcellus Shale region to existing markets in New England and Niagara Falls, NY, via a revamped Northeast Supply Diversification Project (NSD Project). The NSD Project combines TGP’s original NSD Project, which provided transportation to New England; and the Marcellus to Leidy and Niagara Project (MLN Project), which provided transportation service to Niagara Falls. A certificate application with the Federal Energy Regulatory Commission is to be filed later this year, and pending approval, construction could begin in the first half of 2012, with a Nov. 1, 2012 in-service date.

August 2, 2010

Tennessee to Transport More Marcellus Gas

Tennessee Gas Pipeline Co. (TGP) on Wednesday executed binding, 15-year term agreements with Cabot Oil & Gas Corp., Anadarko Energy Services Co. and Seneca Resources Corp. to carry up to 250,000 Dth/d of incremental firm transportation capacity from the Marcellus Shale region to existing markets in New England and Niagara Falls, NY, via a revamped Northeast Supply Diversification Project (NSD Project).

July 29, 2010

Chesapeake Making Shift to Oily Plays

Chesapeake Energy Corp., long one of the most active natural gas drillers and producers in North America, is stealthily making a land grab to secure domestic oilfields, part of a long-range plan to rebalance a portfolio that now is 93% weighted to gas, CEO Aubrey McClendon said last week.

May 10, 2010

Central Gulf Lease Sale Attracts High Bids of $949M

Anadarko Exploration & Production Co. LP and Mariner Energy Inc. last Wednesday were the highest bidders during the Central Gulf of Mexico Lease Sale 213. The two producers jointly bid $52.56 million for Walker Ridge Block 793.

March 22, 2010

Central Gulf Lease Sale Attracts High Bids of $949M

Anadarko Exploration & Production Co. LP and Mariner Energy Inc. Wednesday were the highest bidders during the Central Gulf of Mexico Lease Sale 213. The two producers jointly bid $52.56 million for Walker Ridge Block 793.

March 18, 2010

Central Gulf Lease Sale Attracts High Bids of $949M

Anadarko Exploration & Production Co. LP and Mariner Energy Inc. Wednesday were the highest bidders during the Central Gulf of Mexico Lease Sale 213. The two producers jointly bid $52.56 million for Walker Ridge Block 793.

March 18, 2010

Anadarko CEO: Meeting With Obama Was ‘Productive’

The battle over the expensing of intangible drilling costs (IDC) looks as if it’s going the way of independent producers, Anadarko Petroleum Corp. CEO Jim Hackett said Tuesday.

February 4, 2010

Anadarko CEO: Meeting With Obama Was ‘Productive’

The battle over the expensing of intangible drilling costs (IDC) looks as if it’s going the way of independent producers, Anadarko Petroleum Corp. CEO Jim Hackett said Tuesday.

February 4, 2010

Cimarex Ups Ante in Woodford Shale

Denver-based Cimarex Energy Co. agreed to pay $180 million cash to Chesapeake Energy Corp. to add 38,000 net acres in its emerging Woodford Shale position in the Anadarko Basin of western Oklahoma.

October 27, 2008

Cimarex Ups Ante in Woodford Shale

Denver-based Cimarex Energy Co. agreed to pay $180 million cash to Chesapeake Energy Corp. to add 38,000 net acres in its emerging Woodford Shale position in the Anadarko Basin of western Oklahoma.

October 22, 2008