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Plains Exploration
Plains Exploration & Production was a petroleum and natural gas exploration company based in Houston, Texas. In May 2013, it was acquired by Freeport-McMoRan. History In 2002, the company was separated from Plains Resources Inc. via a corporate spin-off. In 2003, the company acquired 3TEC for $313 million. In 2004, it and acquired Nuevo Energy for $945 million. These acquisitions gave the company petroleum-producing assets in the Southwestern United States and California. In 2007, the company acquired Pogo Producing for $3.6 billion in cash and stock. In 2008, the company formed a joint venture with Chesapeake Energy in the Haynesville Shale. To fund the venture, the company sold assets in the Permian Basin and the Piceance Basin to Occidental Petroleum for $1.3 billion. In 2011, the company sold natural gas assets for $785 million, including a $600 million sale of assets in the Granite Wash to Linn Energy. In 2012, the company acquired assets in the Gulf of Mexico from BP ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Associated Press
The Associated Press (AP) is an American not-for-profit organization, not-for-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association, and produces news reports that are distributed to its members, major U.S. daily newspapers and radio and television broadcasters. Since the award was established in 1917, the AP has earned 59 Pulitzer Prizes, including 36 for photography. The AP is also known for its widely used ''AP Stylebook'', its AP polls tracking National Collegiate Athletic Association, NCAA sports, sponsoring the National Football League's annual awards, and its election polls and results during Elections in the United States, US elections. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters. The AP operates 235 news bureaus in 94 countries, and publishes in English, Spanish, and Arabic. It also operates the AP Radio Network, which provides twice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inglewood Oil Field
The Inglewood Oil Field in Los Angeles County, California, is the 18th-largest oil field in the state and the second-most productive in the Los Angeles Basin. Discovered in 1924 and in continuous production ever since, in 2012 it produced approximately 2.8 million barrels of oil from some five hundred wells. Since 1924 it has produced almost 400 million barrels, and the California Department of Oil, Gas and Geothermal Resources (DOGGR) has estimated that there are about 30 million barrels remaining in the field's one thousand acres, recoverable with present technology.DOGGR 2010, p. 65 The field is operated by Sentinel Peak Resources, which acquired it in their purchase of Freeport McMoRan's onshore California oil and gas assets in 2016. Freeport McMoRan acquired it from Plains Exploration & Production in 2013. Surrounded by Los Angeles and its suburbs, and having over one million people living within five miles of its boundary, it is the largest urban oil field in the United Stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
