Management confirmed plans to increase drilling in the deep Anadarko basin with the addition of a third rig in Q4 2025, contingent on reinvestment rate limitations. Natural gas production is expected ...

StatoilHydro has successfully completed the full acquisition of the Peregrino heavy-oil field offshore Brazil, after closing the deal to acquire the additional 50% stake from Anadarko. StatoilHydro ...

(Reuters) -ConocoPhillips will sell its Anadarko Basin assets for $1.3 billion, the company said on Thursday, as it sheds non-core acreage following the Marathon Oil acquisition to reduce debt and ...

BP and its lawyers at Kirkland & Ellis notched a win Friday in the mega-billions blame game underway among defendants in the New Orleans multidistrict litigation over the Gulf of Mexico oil spill.

Algeria's oil state company Sonatrach and US indie Anadarko are set to quadruple oil production to 300,000 barrels per day at the south-eastern Hassi Berkine fields in the country. The new output ...

When comparing APC completions from 2015 to post-2016, oil production improved by 51,000 Bbls over the first 16 months of well life. Improvements like this have been seen across all US plays, but west ...