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Q2 2015 RESULTS – Anadarko Petroleum Corp

Anadarko Petroleum Corp · Jul 28, 2015 · 15 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. Q2 2015 RESULTS – 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 WATTENBERG FIELD, COLORADO 2nd Quarter 2015…
  2. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 2
    OVERVIEW NYSE: APC www.anadarko.com SALES VOLUMES CAPITAL Second-quarter sales volumes totaled 77 MMBOE, or Anadarko continued to improve its cost structure 846,000 BOE/d, which was within guidance. U.S. oil through operational…
  3. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 3
    ROCKIES NYSE: APC www.anadarko.com Anadarkos Rockies assets delivered sales volumes averaging 386,000 BOE/d during the 2nd quarter, a 10% increase over the same period in 2014. Oil volumes increased by 3% over the 1st quarter of…
  4. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 4
    ROCKIES NYSE: APC www.anadarko.com Wattenberg: Anadarko operated an average of 8 rigs and drilled 96 wells (120 type-well equivalents) during the The Wattenberg field net sales volumes increased quarter. The company exited the…
  5. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 5
    ROCKIES NYSE: APC www.anadarko.com Greater Natural Buttes: The company operated one rig in the 2nd quarter and drilled 16 wells. Net natural gas sales volumes averaged 388 MMcf/d for the quarter, down 14% from the 2nd quarter of…
  6. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 6
    SOUTHERN & APPALACHIA NYSE: APC www.anadarko.com During the 2nd quarter, the Southern & Appalachia region delivered sales volumes of approximately 285,000 BOE/d, an 11% decrease from the 1st quarter of 2015. However, higher-margin…
  7. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 7
    SOUTHERN & APPALACHIA NYSE: APC www.anadarko.com Delaware Basin, Texas Eagleford: The company continues to focus on optimizing field performance and realized a 10% reduction in Anadarkos net sales volumes averaged more than…
  8. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 8
    SOUTHERN & APPALACHIA NYSE: APC www.anadarko.com East Texas/North Louisiana: Anadarkos net sales volumes averaged approximately 60,000 BOE/d during the 2nd quarter, which was a decrease of 5% compared to the 2nd quarter of 2014.…
  9. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 9
    GULF OF MEXICO NYSE: APC www.anadarko.com During the 2nd quarter, Anadarkos Gulf of Mexico region averaged sales volumes of approximately 83,000 BOE/d, of which more than 77% were higher-margin liquids. Oil sales volumes grew…
  10. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 10
    GULF OF MEXICO NYSE: APC www.anadarko.com DEVELOPMENT Lucius: KEATHLEY CANYON 874/875/918/919 (APC WI 23.8%) Anadarko ramped up production to the spars 80,000-BOPD nameplate capacity during the quarter. Anadarko continues to…
  11. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 11
    GULF OF MEXICO NYSE: APC www.anadarko.com EXPLORATION/APPRAISAL Yeti: WALKER RIDGE 117/157/158/159/160 (APC WI 37.5%) The Yeti-3 appraisal well is expected to be spud in the 3rd quarter. The Yeti discovery encountered more than 270…
  12. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 12
    INTERNATIONAL & FRONTIER NYSE: APC www.anadarko.com During the 2nd quarter, the International and Frontier region sales volumes averaged approximately 93,000 Bbl/d. Oil sales volumes decreased sequentially by approximately 20,000…
  13. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 13
    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.…
  14. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 14
    INTERNATIONAL & FRONTIER NYSE: APC www.anadarko.com EXPLORATION/APPRAISAL Cte dIvoire: BLOCK CI-103 (APC WI 65%, OPERATOR) Planning is under way for a drillstem test and interference testing as part of the continuing appraisal of the…
  15. Q2 2015 RESULTS – Anadarko Petroleum Corp – slide 15
    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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