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Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp

Anadarko Petroleum Corp · May 4, 2015 · 16 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 1
    NYSE: APC www.anadarko.com INVESTOR RELATIONS John Colglazier Senior Vice President 832/636-2306 Robin Fielder Director 832/636-1462 Jeremy Smith Director 832/636-1544 EAGLEFORD SHALE, TEXAS 1st Quarter 2015…
  2. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 2
    OVERVIEW NYSE: APC www.anadarko.com SALES VOLUMES CAPITAL First-quarter sales volumes totaled 83 MMBOE, or Anadarko significantly improved its cost structure 920,000 BOE/d, which was above the high end of through continued operational…
  3. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 3
    U.S. ONSHORE EFFICIENCIES AND COST SAVINGS ENHANCE VALUE NYSE: APC www.anadarko.com Anadarkos U.S. onshore assets continued to deliver strong results and the teams achieved additional cost savings, and enhanced efficiencies in the…
  4. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 4
    ROCKIES NYSE: APC www.anadarko.com Anadarkos Rockies assets delivered sales volumes averaging 395,000 BOE/d during the 1st quarter, a 26% increase over the same period in 2014, adjusted for divestitures. Oil volumes increased by…
  5. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 5
    ROCKIES NYSE: APC www.anadarko.com Wattenberg: Anadarko operated an average of 10 rigs and Construction is ongoing at the COSF, which has an drilled 89 wells (130 type-well equivalents) during estimated startup in the second half of…
  6. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 6
    ROCKIES NYSE: APC www.anadarko.com EOR: During the 1st quarter, Anadarko announced the divestment of its EOR assets in Wyoming for more than 700 million. The transaction closed subsequent to quarter end and was not included in the…
  7. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 7
    SOUTHERN & APPALACHIA NYSE: APC www.anadarko.com During the 1st quarter, the Southern & Appalachia region delivered sales volumes of approximately 322,000 BOE/d, a 7% increase from the 4th quarter of 2014 and an 11% increase from…
  8. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 8
    SOUTHERN & APPALACHIA NYSE: APC www.anadarko.com Eagleford: The company continued its focus on efficiencies in After entering 2015 with 10 rigs, the company st the Eagleford, reducing drilling-cycle times to 6.9 reduced the rig count…
  9. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 9
    SOUTHERN & APPALACHIA NYSE: APC www.anadarko.com East Texas/North Louisiana: Anadarkos net sales volumes averaged more than 61,000 BOE/d during the 1st quarter, which were essentially flat to 2014. Total liquids sales volumes…
  10. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 10
    GULF OF MEXICO NYSE: APC www.anadarko.com During the 1st quarter, Anadarkos Gulf of Mexico region averaged sales volumes of more than 89,000 BOE/d, approximately 59% of which were high-margin liquids. SALES VOLUMES* 1Q15 1Q15 1Q15…
  11. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 11
    GULF OF MEXICO NYSE: APC www.anadarko.com DEVELOPMENT Lucius: KEATHLEY CANYON 874/875/918/919 (APC WI 23.8%) Anadarko brought Lucius on line during the 1st quarter and completed the last of the six initial wells. The company…
  12. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 12
    GULF OF MEXICO NYSE: APC www.anadarko.com EXPLORATION/APPRAISAL Yeti: WALKER RIDGE 117/157/158/159/160 (APC WI 37.5%) During the quarter, the Yeti exploration prospect was successfully drilled and announced as a discovery in early…
  13. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 13
    INTERNATIONAL & FRONTIER NYSE: APC www.anadarko.com During the 1st quarter, the International and Frontier region sales volumes averaged approximately 114,000 Bbl/d. SALES VOLUMES CAPITAL INVESTMENTS 1Q15 1Q14 1Q15 MBOE/d…
  14. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 14
    INTERNATIONAL & FRONTIER NYSE: APC www.anadarko.com DEVELOPMENT Alaska: Mozambique: Gross production from the Colville River Unit averaged approximately 47,000 OFFSHORE AREA 1 (APC WI 26.5%, OPERATOR) BOPD during the quarter.…
  15. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 15
    INTERNATIONAL & FRONTIER NYSE: APC www.anadarko.com EXPLORATION/APPRAISAL Cte dIvoire: BLOCK CI-103 (APC WI 65%, OPERATOR) Planning is under way for a DST and interference program as part of the continuing appraisal of the Colombia…
  16. Q1 2015 OPERATIONS REPORT – Anadarko Petroleum Corp – slide 16
    DEEPWATER RIG SCHEDULE NYSE: APC www.anadarko.com 2015 2016 2017 2018 2019 2020 Ensco 8506 Belford Dolphin Noble Bob Douglas* Rowan Resolute* Bolette Dolphin* Ocean BlackHawk* Ocean BlackHornet* *Rigs with two BOP stacks…

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