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Anadarko Stays Focus On Delaware-Wolfcamp A; 10 Rigs
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Anadarko reported it's Q1 2015 results. We expected the company revenues to be off significantly Y/Y so we aren't suprised by the 60% difference. We are however excited about the companies development of the Wolfcamp A in the Delaware Basin.
Most operators with exposure to the delaware basin are either focused on the Leonard (EOG Resources), Bone Spring Sands (Concho Resources) , Wolfcamp + Bone Spring (Cimarex) just to name a few.
2015 Drilling Plans Drilling 50-70 Wells Operate 6 rigs (Entered 2015 with 10) Defer 30 completions Q1 Update
Anadarko’s net sales volumes for the quarter averaged approximately 26,000 BOE/d, roughly flat to the 4th quarter of 2014. Total liquids volumes averaged nearly 18,000 Bbl/d.
During the quarter, Anadarko announced that its successful…
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