Houston oil producers Apache Corporation and Noble Energy have signed on as the primary customers for the massive EPIC Crude Oil Pipeline that will traverse Texas from the booming Permian Basin near the New Mexico border to Corpus Christi.
Awilco Drilling has received a new booking for its WilPhoenix rig with an unspecified client. Westhill-based Awilco said the contract was worth $13.8million dollars. The contract will commence immediately after the agreement with Apache North Sea ends in the second quarter.
Houston's Kinder Morgan is ready to move forward with its $1.7 billion gas pipeline from West Texas to the Corpus Christi area after signing on Apache Corp. as a major customer.
An Apache Corp. employee has agreed to settle insider trading charges after buying company stock just prior to its announcement of a gigantic oil and gas discovery in West Texas, the Securities and Exchange Commission said on Wednesday.
North Sea operator Apache North Sea (ANS) enjoyed a near £331million boost to its balance sheet after the UK Government cut taxes on the industry during last year.
US oil firm Apache has submitted an "enhanced" application to develop the North Sea Corona field after the UK Government asked for more clarity on its plans.