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Anadarko Hits Record Oil Output in Q3; Has Plan in Place for Colorado Prop 112

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Anadarko Hits Record Oil Output in Q3; Has Plan in Place for Colorado Prop 112

Anadarko reported its Q3 2018 results.

Record US Oil Output at 175 MBOPD (+37% YOY); Total Output Growth Minimal

- Q3 production sales volume of 682 MBOEPD (up +7% from 2Q18 and +9% YOY)

Achieved record U.S. onshore oil sales volume of 175,000 BOPD representing a 37% increase YOY In the DJ Basin, Anadarko increased oil sales volumes by approximately +16% YOY, with oil volumes averaging 96,000 BOPD. In the Deepwater Gulf of Mexico, Anadarko achieved a monthly record oil rate of more than 140,000 BOPD in August.

Colorado Prop 112 Strategy: "We Are Not a One or Two Basin Company"

Anadarko addressed the looming vote on the Prop 112 bill in Colorado (click here to access it on Colorado's official SOS page):

em>What is the Bill? If passed, this bill would mandate that any new oil and…
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