Permian Basin pure-play Laredo Petroleum Inc. has promoted T. Karen Chandler to COO and senior vice president. Chandler joined Laredo in 2012 and has served as vice president of operations since 2016. “Karen has been instrumental in improving the efficiency of our operational activities during the last two years, which has been a challenging task as we have worked to optimize our development plan,” CEO Randy A. Foutch said. Before joining Laredo, Chandler worked for ExxonMobil Corp. for 15 years. She holds a bachelor of science in chemical engineering from the University of Kentucky, as well as a master of science and doctorate in chemical engineering from Georgia Institute of Technology.
Laredo
Articles from Laredo
Laredo Working to Restart Permian Production Shuttered Following Tank Fire
Laredo Petroleum Inc. was expecting by Tuesday to restore most of the crude oil production shut in over the weekend following a fire at a West Texas tank battery in the Permian Basin.
July 3, 2018
Laredo Energy Touts Natural Gas Potential from Lower Eagle Ford Wells
Eagle Ford Shale operator Laredo Energy VI LP said early drilling results in the dry natural gas window hold promise for multi-well development for years to come.
June 13, 2018
Cimarex, Laredo, Diamondback Boost Oil Production in 2017
Onshore-focused explorers Cimarex Energy Co., Laredo Petroleum Inc. and Diamondback Energy Inc. each reported increased oil production in 2017 and in some cases broke company records, and all three plan to operate within cash flows in 2018.
February 16, 2018
GIP Agrees to $1.8B Deal to Buy Permian Medallion System
An affiliate of infrastructure investor Global Infrastructure Partners (GIP) agreed Monday to pay $1.825 billion-plus to buy Medallion Gathering & Processing LLC (MGP), which owns the largest privately held crude oil transportation system in the Permian Basin’s Midland sub-basin.
October 2, 2017
Howard Energy Readying South Texas Building Boom to Link U.S. Energy to Mexico Markets
The Port of Corpus Christi in South Texas, where a building boom is underway from oil and natural gas growth fueled by the Permian Basin and Eagle Ford Shale, is readying for another big expansion designed to transport energy to Mexico.
July 20, 2017
Laredo Capex Signals Growth in Permian Midland’s Wolfcamp
Laredo Petroleum Inc. said Tuesday it is budgeting $530 million for capital spending this year, nearly all for the Upper and Middle Wolfcamp formations of the Midland sub-basin of the Permian, with an eye on raising production volumes by 15% over 2016.
January 17, 2017
Permian Pure-Plays Diamondback, Laredo, RSP Raise Production Guidance
Diamondback Energy Inc., Laredo Petroleum Inc., RSP Permian Inc., a trio of Permian Basin pure-play independents, went to town in the second quarter to improve their positions by ratcheting up efficiencies, with all three raising their 2016 production guidance.
August 11, 2016
Laredo Trims Fat From 2015 Budget; Already Reducing Permian Rigs
Permian pure-play operator Laredo Petroleum Inc. indicated Tuesday that it was acting quickly to defend its balance sheet against sliding oil prices, announcing that it had already begun to reduce its rig count and slashing next year’s capital budget by nearly 50%.
December 16, 2014
Chesapeake Signs With Eagle Ford Gathering JV
Eagle Ford Gathering LLC, a joint venture (JV) of Kinder Morgan Energy Partners LP and Copano Energy LLC said it will provide services in the Eagle Ford Shale play in South Texas to Chesapeake Energy Marketing Inc. a unit of Chesapeake Energy Corp.
November 17, 2010
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