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Tag Archives: Western Gas Partners LP

Look out, East Texas, Legacy Reserves is coming for you

oil pump

Legacy Reserves LP has set its sights on East Texas, dropping a total of $440 million on natural gas properties from Anadarko Petroleum and Western Gas Partners LP. The master limited partnership announced Monday that the purchase nabbed it a wealth of assets, including 567 miles of high- pressure pipeline and low-pressure gathering lines as well as 502 million cubic ...

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Anadarko Petroleum cuts 2015 capex by a third

Anadarko Headquarters

Anadarko Petroleum Corp. said it would reduce spending by about 33 percent this year, as the exploration and production company responds to lower crude oil prices. The company forecast capital investments in the range of $5.4 billion-$5.8 billion, excluding investments associated with its Western Gas Partners LP unit. Anadarko’s cut follows similar actions by other U.S. oil and gas producers ...

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