The Oil & Gas Conference Publisher’s Note: 1 x 1 investor meeting requests OPEN. Cimarex Energy presenting. Please register to join us this August 17-19, 2020 on our 25th Anniversary of The Oil & Gas Conference. Unprecedented times call for unprecedented solutions, this year’s conference will be the firs digital conference in our 25 years of hosting the conference. Companies
The Oil & Gas Conference Publisher’s Note: 1 x 1 investor meeting requests OPEN! Comstock Resources presenting. Please register to join us this August 17-19, 2020 on our 25th Anniversary of The Oil & Gas Conference. Unprecedented times call for unprecedented solutions, this year’s conference will be the firs digital conference in our 25 years of hosting the conference. Companies
The Oil & Gas Conference Publisher’s Note: 1 x 1 investor meeting requests OPEN! Schedule your meeting with Apache. Please register to join us this August 17-19, 2020 on our 25th Anniversary of The Oil & Gas Conference. Unprecedented times call for unprecedented solutions, this year’s conference will be the firs digital conference in our 25 years of hosting the
The Oil & Gas Conference Publisher’s Note: 1 x 1 investor meeting requests OPEN! Schedule your meeting with Eni. Please register to join us this August 17-19, 2020 on our 25th Anniversary of The Oil & Gas Conference. Unprecedented times call for unprecedented solutions, this year’s conference will be the firs digital conference in our 25 years of hosting the
energy-pedia Apache Corp and Total have announced a significant oil discovery at the Sapakara West-1 well drilled offshore Suriname on Block 58. The well was drilled using the Noble Sam Croft with Apache as operator holding a 50% working interest and Total holding a 50% working interest. Sapakara West-1 was drilled to a depth of approx. 6,300 meters (20,700 feet), and successfully tested for the presence
Houston Chronicle Houston oil company Apache Corp. is making deeper budget cuts while its Permian Basin rig count has declined to zero. Apache reported Friday that the company has cut $1.3 billion from this year’s capital spending budget, reducing the company’s annual dividend by $340 million and cutting $150 million in other expenses. The company previously announced a $700 million
Reuters Devon Energy, Apache Corp and Murphy Oil Corp on Thursday became the latest in a string of North American oil producers to slash their capital spending and drilling plans as crude prices tumble. Oil producers have been scaling back spending since the last price crash in 2014, and the latest cuts come as the coronavirus outbreak crimps demand and
Houston Chronicle Apache Corp. is officially calling it quits on a highly publicized but disappointing shale discovery in West Texas after vehemently defending the prospect for about three years. The Houston-based company posted a roughly $3 billion writedown on its Alpine High project, a find from 2016 that fizzled when it turned out to hold more natural gas than oil.
Off Shore Energy During 2019, the company secured $620 million of backlog, including over $50 million secured in the fourth quarter related to a 12-month extension for the Ocean Patriot in the North Sea. Namely, the 1982-built Ocean Patriot semi-submersible has been awarded a term extension with Apache in the UK North Sea. Under the extension, the rig’s contract is
Houston Chronicle Apache Corp. is closing its San Antonio office and eliminating more than 270 jobs as part of a reorganization process designed to cut costs. The Houston-based oil and gas producer had a difficult 2019 as its stock value plunged more than 50 percent from fall 2018 through a recent December low. But Apache’s stock has taken a big
Reuters U.S. energy producers plan to slash spending for a second straight year in 2020 as companies struggle to extract profits from the U.S. shale boom. While U.S. crude output hit a record 13 million barrels per day (bpd) this month, U.S. oil companies have struggled to deliver consistent profits. That is in part due to their success – higher
By Tyler Losier, Energy Reporter, Oil & Gas 360 Altus Midstream closes purchase of 33% equity stake in Enterprise-owned Shin Oak Pipeline Altus Midstream (stock ticker: ALTM), a pure-play Permian-to-Gulf Coast midstream company, has closed a deal with Enterprise Products Partners (stock ticker: EPD) to acquire a 33% equity interest in the Enterprise subsidiary that owns the Shin Oak natural
