Apache has operational fronts, state side, in Permian Basin, Anadarko Basin, and the Gulf of Mexico deepwaters. They are currently boasting a 25% increase in Q1. You can read a quick breakout of their Q1 report at:
Apache ups earnings on price and flows - Upstream Online
Find the full news release at: Apache Corp (APA)
Showing posts with label off-shore. Show all posts
Showing posts with label off-shore. Show all posts
Thursday, April 28, 2011
Wednesday, April 20, 2011
Friday, April 8, 2011
Tuesday, April 5, 2011
Friday, April 1, 2011
Providence disposes of its entire Gulf of Mexico assets
In an effort to pad its capital before starting a $500 million campaign in the UK Providence lets its assest in the Gulf of Mexico go.
Providence in US Gulf exit sale - Upstream Online
Providence in US Gulf exit sale - Upstream Online
Thursday, March 31, 2011
Tuesday, March 29, 2011
Friday, March 25, 2011
Oil and Gas by the Numbers 03/25/2011
Good Afternoon! There are lots of new things going on in the oil and gas world this week. The price of oil this afternoon is currently at $105.13/barrel. I am interested to see what impact the new permits in the Gulf will have on future oil prices. I am also watching the new list of permits requested in the Niobrara on the Wyoming side of the formation. National rig count is up again by a total of 18 rigs. That is about twice the jump we have seen so far this month.
Rig Count
updated 03/25/11
- United States Total: 1738 (an increase of 18 rigs from last week)
- TX: 766
- LA: 176
- OK: 156
- ND: 155
- PA: 104
- NM: 77
- CO: 71
- WY: 38
- CA: 42
- AK: 6
For more information and other state counts please check out: Baker Hughes - Rig Count
Permits Issued for Drilling
03/18/11 thru 03/24/11
TX: 525 (approved new drill permits)
ND: 31 (snow storm shut down whole state, may have dropped numbers for one day)
MT: no new numbers reported
CA: no new numbers reported
WY: 85 (oil/gas and CBM)
Gasoline Prices
03/24/11
National Average: $3.556/gal
US Low: WY $3.318/gal
US High: HI $4.247/gal
Thursday, March 24, 2011
Maersk to restart US Gulf drillbit
Anchors are pulled and the rig is on the move for Exxon, read below:
Maersk to restart US Gulf drillbit - Upstream Online
Maersk to restart US Gulf drillbit - Upstream Online
Tuesday, March 22, 2011
Shell wins OK for new Auger wells (deep water exploration)
Shell's submission of the exploration plan has fulfilled the new environmental standards post Macondo oil spill. Shell will however still needs to obtain drilling permits for the actual exploratory wells.
Full report from Upstream Online can be read at:
Shell wins OK for new Auger wells - Upstream Online
Full report from Upstream Online can be read at:
Shell wins OK for new Auger wells - Upstream Online
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