Apache Corporation announced several changes to its executive organization, including the retirement of the firm's president: Roger Plank, president and chief corporate officer, has elected to retire. Alfonso Leon, senior vice president and chief of staff…
Norway's Electromagnetic Geoservices (EMGS) has been awarded a US$5 million contract to acquire 3D EM data in the Asia-Pacific region. The contract, with US oil firm Apache, will see the the BOA Thalassa (pictured)start operations in northwest Australia on 25January…
The spudding of the Phoenix South-1 well has been pushed back by Apache until 2Q 2014, because of the company’s operational timetable including other projects Apache has in Western Australia.JV partner, Carnarvon Petroleum said that moving…
Apache Corporation announced it has completed the previously announced sale of its Gulf of Mexico shelf operations and properties to Fieldwood Energy LLC, a portfolio company of Riverstone Holdings, for $3.75 billion in cash (subject to customary…
W&T Offshore, Inc. (NYSE: WTI) announced on 25 July 2013 that it made a subsalt discovery in a deep shelf exploratory target beneath its Ship Shoal 349 Mahogany field. The SS 359 A-14 well exceeded expectations and is currently producing from the targeted T-sand (in excess of 17…
Houston-based Apache Corp.will sell all of its Gulf of Mexico Shelf operations and properties to Fieldwood Energy LLC (Fieldwood), an affiliate of Riverstone Holdings, for US $3.75 billion. Operations include wells that are producing about 100…
Recent offshore drilling by Apache and Anadarko help gauge the potential of the Lamu basin. Vision 2030 is Kenya’s development strategy which aims to transform the economy and “create a globally competitive and prosperous nation with a high quality of life by 2030…
Several companies have stepped forward to assist in relief efforts for tornado victims in Oklahoma. Apache Corp., BP, Conoco Phillips, Chevron Corp., Noble Energy Inc., Chesapeake Energy, Exxon Mobile Corp., and others have made pledges of at least US $500…
Apache Corp. announced that its Tonto oil field in the United Kingdom sector of the North Sea commenced production on April 24, 2013. Tonto-1, the first producing well, came on stream at an initial rate of 10,346 b/d. Apache holds a 100% working interest in the Tonto Field…
Apache subsidiaries placed high bids on 14 blocks during the most recent Gulf of Mexico Lease Sale 227, the company announced on April 1, 2013.(Image: Chevron-Statoil ASA)Apache said it was the sole bidder on nine shallow water blocks on the continental shelf…
Well control operations at Apache's Main Pass 295 in the Gulf of Mexico concluded on 28 February 2013, the company announced.Apache planned to move Rowan's Cecil Provine drilling rig to Main Pass 295 for a possible relief well (Image: Rowan)Apache…
Apache shifts Cecil Provine rig to location Apache to move Rowan's Cecil Provine drilling rig to location for possible relief well (Image: Rowan)Apache evacuated 15 workers after experiencing a kick from an abnormally pressured gas zone…
Kitimat LNG illustrationChevron buys EOG, Encana stake in Kitimat LNGEOG Resources and Encana have sold their shares in Kitimat LNG and the Pacific Trail Pipeline to Chevron, the supermajor announced on 24 December 2012.The financial terms of the deal were not disclosed…
Global upstream spending ballooned by 47% in 2010, driven by substantial investments in the US and Latin America, IHS reported. In the IHS Herold 2011 Global Upstream Performance Review, the information service said capital spending among 221 oil & gas companies reached $558 billion in 2010…
The offshore engineering team at Aquaterra Energy is hailing the 10,000psi-rated, 20in ID full bore drilling riser it recently installed for Apache North Sea as a world first. Designed specifically for Apache to drill three subsea wells on the Bacchus field from the Rowan Gorilla VII…
