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Anadarko's DJ Basin: Lower Well Costs, Higher Production
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Anadarko Petroleum Corporation Q3 2016 Results
HighlightsOperations Summary
Third-quarter sales volumes of natural gas, oil and NGL totaled 72 million BOE, or an average of 780,000 BOE/D
Delaware Basin of West TexasIncreased oil sales volumes by ~10,000 barrels per day to 27,000 barrels per day, a 60-percent increase relative to the third quarter of 2015 and a 22-percent increase over the second quarter of this year.
Currently running eight rigs in the basin to delineate the stacked-pay potential across 580,000 gross-acre position.
DJ BasinIncreased sales volumes by 28,000 BOE/D over the third quarter of 2015, averaging 248,000 BOE/D
Gulf of MexicoIncreased oil sales volumes by 10,000 barrels per day to 65,000 barrels per day, an 18-percent increase over the third quarter of 2015.
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