Anadarko

Shell, Ecopetrol Form Deepwater Natural Gas Alliance Offshore Colombia

Shell, Ecopetrol Form Deepwater Natural Gas Alliance Offshore Colombia

A subsidiary of Royal Dutch Shell plc has acquired a 50% operating stake in three ultra-deepwater natural gas blocks from Colombian national oil company Ecopetrol SA, the companies said Friday.

February 13, 2020

Oil, Natural Gas Production Growth From Key Onshore Plays Nearly Flat Next Month, Says EIA

Oil and natural gas production from seven of the United States’ most prolific onshore unconventional plays is expected to increase in February compared with January, but at a markedly slower pace than in the recent past, according to the Energy Information Administration (EIA).

January 21, 2020

Oil, Natural Gas Production Growth From Key Onshore Plays Nearly Flat Next Month, Says EIA

Oil and natural gas production from seven of the United States’ most prolific onshore unconventional plays is expected to increase in February compared with January, but at a markedly slower pace than in the recent past, according to the Energy Information Administration (EIA).

January 21, 2020

Occidental Casting Off Anadarko’s Legacy Western Midstream Partnership

Houston independent Occidental Petroleum Corp., working to improve shareholder confidence after sharply increasing its debt load with the Anadarko Petroleum Corp. takeover, has executed several agreements to enable Western Midstream Partners LP (WES) to operate as an independent company.

January 6, 2020

Enable Boosting Oklahoma Natural Gas Takeaway Despite Major Spending Cuts

Despite roughly halving its guidance for expansion capital expenditures (capex) in 2020, Enable Midstream Partners LP is moving forward with a 100,000 Dth/d expansion of its system that would ease some of the existing bottlenecks in the Anadarko and Arkoma basins.

November 6, 2019
Oxy to Reduce Capex in Permian, Sell More Assets as Synergies with Anadarko Takeover Kick In

Oxy to Reduce Capex in Permian, Sell More Assets as Synergies with Anadarko Takeover Kick In

Houston-based Occidental Petroleum Corp. (Oxy) plans to sharply reduce capital spending in 2020, particularly in the Permian Basin, in the aftermath of its megadeal to acquire Anadarko Petroleum Corp.

November 6, 2019

Encana Moving Headquarters to U.S., Rebranding as Ovintiv

After generations in Calgary as a national oil and gas industry pillar with a name short for Canadian energy, Encana Corp. is moving its headquarters to the United States and rebranding itself as Ovintiv Inc.

October 31, 2019

Occidental Forecasting Lower 48 3Q Oil, Gas Output 3% Above Guidance

Houston-based Occidental Petroleum Corp. said its third quarter production, including combined output from Anadarko Petroleum Corp., is expected to average 1.310-1.369 million boe/d, versus initial guidance of 1.062-1.102 million boe/d.

October 15, 2019

Marathon Oil to Expand Permian Footprint

Houston-based Marathon Oil Corp. plans to develop more acreage in the Permian Basin and is considering bolt-on acquisitions, management said during a recent call to discuss second quarter results.

August 14, 2019
Occidental Completes Anadarko Takeover but Board Fight May Continue

Occidental Completes Anadarko Takeover but Board Fight May Continue

Houston-based Occidental Petroleum Corp. on Thursday completed its mega tie-up with Anadarko Petroleum Corp. in a transaction including debt now valued at $55 billion.

August 8, 2019