Baker Hughes’ February 28 count showed that North America added five rigs week on week, its February 21 count revealed that ...

Validus Energy, Denver, an Elliott Investment Management portfolio company, has agreed to acquire the Anadarko basin business of 89 Energy, Oklahoma City, in a transaction valued at $850 million.

In 2104, Anadarko averaged 12 to 14 rigs. The average in 2015 will be nine rigs, spokeswoman Olsen said. Noble Energy, the second-largest producer, is cutting its budget for 2015 to $900 million ...