Anadarko Petroleum Corporation provided an update on its U.S. onshore activities, announcing that four of its core operating areas recently surpassed the gross processed production milestone of 100,000 barrels of oil equivalent (BOE) per day.
The Wattenberg field in northeastern Colorado, the Eagleford Shale in southwest Texas, the Greater Natural Buttes area in northeastern Utah and the Marcellus Shale in north-central Pennsylvania each achieved production records during the month of November, with all exceeding gross processed production levels of 100,000 BOE per day.
The Wattenberg field continues to deliver significant growth, with sales volumes expected to grow more than 10 percent sequentially from the third quarter of this year. This growth rate is highlighted by the performance of the horizontal program, which recently established a gross production record of more than 45,000 BOE per day.
Additionally in the field, the company continues to enhance its capital efficiency by optimizing lateral lengths, completions stages and well density, while increasing the footage drilled and reducing drilling cycle times.
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Anadarko Petroleum Corporation
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