Permian Basin

Houston super independent Apache Corp. continued to reduce its drilling activities in the first quarter from a year ago, but it still delivered in North America’s onshore, with results in the legacy Permian Basin “particularly strong,” CEO John Christmann IV said Thursday.

Despite the commodity price downturn, the Permian Basin, and particularly the Delaware sub-basin, have remained attractive to producers, supporting the need for additional natural gas processing in the region.

Despite the commodity price downturn, the Permian Basin, and particularly the Delaware sub-basin, have remained attractive to producers, supporting the need for additional natural gas processing in the region.

Devon Energy Corp. has raised its full-year production guidance by 3% after exceeding midpoint expectations for North American natural gas, liquids and oil output, led by outperformance in Oklahoma’s stacked reservoirs.

Devon Energy Corp. has raised its full-year production guidance by 3% after exceeding midpoint expectations for North American natural gas, liquids and oil output, led by outperformance in Oklahoma’s stacked reservoirs.

Encana Corp., one of the largest North American natural gas producers, doesn’t have any skin in the Marcellus Shale, but it’s fine with that, as its extensive Montney formation in Alberta should be able to compete well against the Appalachian behemoth, executives said Tuesday.

Anadarko Petroleum Corp. has a big stack of opportunities yet to delineate in the U.S. onshore, including in Colorado’s Denver-Julesburg (DJ) and Permian basins, while costs are coming down as efficiencies are moving up.

Anadarko Petroleum Corp. has a big stack of opportunities yet to delineate in the U.S. onshore, including in Colorado’s Denver-Julesburg (DJ) and Permian basins, while costs are coming down as efficiencies are moving up.

Encana Corp., one of the largest North American natural gas producers, doesn’t have any skin in the Marcellus Shale, but it’s fine with that, as its extensive Montney formation in Alberta should be able to compete well against the Appalachian behemoth, executives said Tuesday.