Oil Patch Insider 02/25/2007
PN sources say Eni buying Anadarko out of Nikaitchuq; Milan approved development after successful production test; Canada told to forget Arctic claims
Petroleum News sources said Feb. 22 that Eni has purchased Anadarko Petroleum's 70 percent interest in the Nikaitchuq prospect, making Eni 100 percent owner in the Alaska Beaufort Sea unit. State of...

Anadarko continues to pare down assets 02/04/2007
Company raises $8 billion from property divestitures, with more sales to come, more debt to repay from major acquisitions
Anadarko Petroleum is orchestrating a property sales spree that so far has netted after-tax $8 billion to pay down a hefty $24.3 billion debt the big Houston-based exploration and production independe...

MEET ALASKA 2007: Alaska roll call lookin' good 01/21/2007
Today 31 oil and gas companies have significant investments in Alaska; in 1996 that number was down to 7
Ten years ago Petroleum News published a "roll call" of oil and gas companies doing business in Alaska. In the five preceding years the number had dropped by more than one-half, from 19 active compani...

Norway mixes oil, money and ethics 11/19/2006
Wal-Mart, Boeing, Honeywell, Lockheed Martin all blacklisted by Norwegian oil investment fund, now at US$263 billion
What do Wal-Mart Stores Inc., Boeing Co., Honeywell International Inc. and Lockheed Martin Corp. share along with being U.S.-based? They're all corporations that have been put on a blacklist by a Nor...

Anadarko to sell deepwater Genghis Khan 11/19/2006
GOM discovery bought by Shenzi partners for $1.35 billion - Hess Corp., BHP Billiton, Repsol; proceeds for debt reduction
Anadarko Petroleum, which already has sold prize deepwater Gulf of Mexico properties to help pay down a hefty acquisition debt, has agreed to sell its Genghis Khan discovery for $1.35 billion to Hess...

THE EXPLORERS 2006 - Eni plans to drill North Slope wells 11/12/2006
Italian major has formed two units, picked up 11 more leases since buying out Armstrong in mid-2005
Eni Petroleum, which is the U.S. EandP affiliate of Italy's Eni SpA, picked up its first oil and gas leases in Alaska in late August 2005. Purchased from Armstrong Alaska, the leases consisted of 341,50...

The EXPLORERS 2006 - Anadarko buys Kerr-McGee 11/12/2006
Deal includes North Slope discovery; Anadarko to drill Jacob's Ladder, two wells at Nikaitchuk in 2006-07
Anadarko Petroleum's $24.3 billion takeover of fellow independent Kerr-McGee left State of Alaska officials wondering what would become of the offshore Nikaitchuq oil discovery northeast of Prudhoe Ba...

Anadarko sells interests in discoveries 11/12/2006
Gulf deepwater Knotty Head, Big Foot, one prospect, go to Statoil; Canadian Arctic properties swapped for stake in Tonga discovery
Anadarko Petroleum, in a continuing effort to pay down a colossal $24.3 billion acquisition debt stemming from the takeover of fellow EandP independents Kerr-McGee and Western Gas Resources, has agreed...

DNR issues final Nikaitchuq royalty denial 11/05/2006
The Alaska Department of Natural Resources has issued a final findings and determination denying royalty modification for Nikaitchuq. A preliminary finding was issued in September (see story in Sept....

Kerr-McGee needs Nikaitchuq easement 10/29/2006
Kerr-McGee, now part of Anadarko Petroleum, has applied to Alaska's Division of Oil and Gas to modify the easement for the Nikaitchuq field development to accommodate wellbore areas between the field...

Brooks Range and partners may drill third North Slope well 09/10/2006
TG World Energy, a joint venture partner with Brooks Range Petroleum and Ramshorn Investments in Brooks Range-operated leases on Alaska's North Slope, says the joint venture now hopes to drill a third...

Anadarko OKs pilot wells 09/10/2006
Drilling two wells at Nikaitchuq this winter as part of development evaluation
Any concerns state officials have had about the acquisition of Kerr-McGee by Anadarko Petroleum slowing down plans for development of the North Slope Nikaitchuq prospect should be alleviated by Anadar...

Legal cloud hangs over sale results 08/27/2006
Western Gulf Lease Sale 200 generates surprising $340.9M in high bids on 381 tracts after MMS prevails against challenges
The U.S. Minerals Management Service, which prevailed against early legal challenges to Western Gulf of Mexico Lease Sale 200, walked away from the traditional August sale with a surprising $340.9 mil...

Anadarko 'for sale' sign awaits buyers 08/20/2006
Potential buyers of company's Canadian properties playing it coy
It shapes up as the oil and gas auction of the year in Canada, though you'd be hard-pressed to determine the level of interest in production of 55,000 barrels of oil equivalent per day. Despite the l...

Slope heating up 08/20/2006
On the low side, 10 North Slope exploration wells planned; 19 on high side
The upcoming North Slope winter exploration season is shaping up to be one of the busiest in at least a decade with 10 to 19 wells possible. All but one of the drilling rigs that can be used for explo...

Anadarko acquisition clears FTC hurdle 08/06/2006
Anadarko Petroleum Corp. said Aug. 1 that its proposed acquisition of Kerr-McGee Corp. has achieved antitrust clearance from the U.S. Federal Trade Commission. FTC has not issued a second request conc...

Knotty Head, Pony finds may be one 08/06/2006
Gulf of Mexico Green Canyon discoveries could be single reservoir; discoveries in area include Tahiti, Atlantis, Mad Dog, Holstein
Some industry observers believe the Nexen-operated Knotty Head discovery and the Hess-operated Pony discovery actually are part of a single reservoir that could rival the largest oil accumulations fou...

An LNG dilemma 08/06/2006
Anadarko's decision to pursue Kerr-McGee, Western Gas influenced by inability to secure gas supply for Bear Head project
Anadarko Petroleum's admitted failure to secure adequate gas supply from overseas producers to help feed its planned liquefied natural gas receiving terminal in eastern Canada factored into the compan...

Anadarko aims at up to $10B from sales 08/06/2006
Anadarko Petroleum says it hopes to raise after-tax $7.5 billion to $10 billion from property sales to help pay down more than $20 billion in debt incurred from the acquisitions of exploration and pro...

Anadarko moves ahead with Canada pullout 07/16/2006
Bear Head LNG project to be sold to U.S. Venture Energy for $125 million; Anadarko has 18-month option on throughput
U.S.-based Anadarko Petroleum has found a buyer for its Bear Head liquefied natural gas subsidiary, representing the last of the company's Canadian properties. Anadarko earlier put its Canadian explor...

Anadarko farewell fires up buyers' market 07/09/2006
Company officials prefer single buyer for 340 million cf equivalent per day of gas and 1.6 tcf equivalent proved reserves
Lock-stock-and-barrel or piecemeal - that's the question seizing the Canadian oil patch as Anadarko bids adieu to the Great White North. In putting its wholly owned Western Canadian assets up for sal...

Anadarko's $24.3 billion blockbuster 07/02/2006
Kerr-McGee, Western Gas acquisitions would turn Anadarko into the largest U.S.-based exploration and production independent
Anadarko Petroleum's pending $24.3 billion takeover of fellow exploration and production independents Kerr-McGee and Western Gas Resources left industry observers wondering whether Anadarko is biting...

Van Dyke reserves judgment 07/02/2006
Anadarko deal could slow North Slope projects or create stronger position
Alaska's top oil and gas official is worried that Anadarko Petroleum's takeover of Kerr-McGee and asset sales to help pay for the colossal merger between two industry titans could end up delaying or p...

Oil Patch Insider 06/11/2006
Kerr-McGee 'deep' in North Slope JV talks; Oil sands junior plays risk-reward game in Iraq
Kerr-McGee's director of international relations said June 5 that the company is "deep into" discussions for a North Slope exploration joint venture. Keith Jantz, speaking at the annual Alaska Oil an...

Chevron to begin North Slope exploration in 2007 06/11/2006
John Zager, Chevron's general manager in Alaska, told attendees of the June 5 Alaska Oil and Gas Association meeting in Anchorage that his company expects to begin exploration drilling of its North Sl...