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.
Hydrocarbon Engineering Oil & Gas Publishers Note: We are seeing that investors are demanding returns in months rather than years. The proper use of technology in the Energy, Oil and Gas, Renewable markets is critical in lowering CapEx. Honeywell has recently announced that Altus Midstream has implemented OrtloffTM SRX technology from Honeywell UOP at its Diamond Central cryogenic gas processing complex,
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
Altus Midstream Announces First Cryogenic Processing Train in Service at Alpine High
Altus Midstream Announces $825 Million of Committed Financing for Planned Growth Projects
Acquiring 15% of Kinder Morgan’s Waha-to-Corpus gas line Altus Midstream (ticker: ALTM) has begun to expand its takeaway ability by acquiring a stake in the Gulf Coast Express pipeline according to a statement today. Altus said it has exercised its option to acquire a 15% interest in Kinder Morgan (ticker: KMI)’s new Waha to Corpus Christi gas pipeline. The Gulf
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