FOURTH-QUARTER 2014 OPERATIONS REPORT FEBRUARY 2, 2015 www.anadarko.com NYSE: APC 4th Quarter and Full-Year Highlights .............. 2 INVESTOR RELATIONS Overview.3 John Colglazier Senior Vice President Rockies…
FOURTH-QUARTER 2014 FOURTH-QUARTER 2014 AND FULL-YEAR HIGHLIGHTS MONETIZATIONS ACCELERATE VALUE U.S. ONSHORE DRIVES GROWTH* In 2014, the company generated more than Anadarkos U.S. onshore achieved record sales volumes in the quarter,…
FOURTH-QUARTER 2014 OVERVIEW SALES VOLUMES* For the full year, Anadarko capital investments of Fourth-quarter sales volumes totaled a record 8.44 billion were also favorable to guidance. This 79 MMBOE, or 854,000 BOE/d, which was at…
FOURTH-QUARTER 2014 ROCKIES Anadarkos Rockies assets delivered sales volumes averaging 371,000 BOE/d during the 4th quarter, a 17% increase over the same period in 2013. Total same-store sales oil volumes increased by 54% from the…
FOURTH-QUARTER 2014 ROCKIES Wattenberg: increase of 126% from the 4th quarter of 2013. Construction continued on phase II of the The Wattenberg field averaged approximately Anadarkos growth was supported by continued Lancaster…
FOURTH-QUARTER 2014 ROCKIES EOR: Anadarkos EOR projects averaged approximately 14,000 BOPD in net sales volumes during the quar- ter, an increase of 9% from the 4th quarter of 2013. Greater Natural Buttes: The company operated one…
FOURTH-QUARTER 2014 SOUTHERN & APPALACHIA During the 4th quarter, the Southern & Appalachia region delivered sales volumes of approximately 302,000 BOE/d, an 11% increase from the 4th quarter of 2013. Total liquids volumes in-…
FOURTH-QUARTER 2014 SOUTHERN & APPALACHIA Delaware Basin: Anadarkos net sales volumes for the quarter averaged approximately 27,000 BOE/d, a 33% increase from the 4th quarter of 2013. Total liquids volumes averaged nearly 19,000…
FOURTH-QUARTER 2014 SOUTHERN & APPALACHIA Eagleford: The company continued its focus on efficiencies in brought 12 wells on line in the quarter. During the quarter, the company achieved a gross- the Eagleford, reducing…
FOURTH-QUARTER 2014 GULF OF MEXICO During the 4th quarter, Anadarkos Gulf of Mexico region averaged sales volumes of approximately 83,000 BOE/d, approximately 64% of which were high-margin liquids. SALES VOLUMES* 4Q14 4Q14 4Q14 4Q14…
FOURTH-QUARTER 2014 GULF OF MEXICO DEVELOPMENT Lucius: KEATHLEY CANYON 874/875/918/919 (APC WI 23.8%) Lucius achieved first oil from the first of six initial development wells in the 1st quarter of 2015. The fabrication and…
FOURTH-QUARTER 2014 GULF OF MEXICO EXPLORATION/APPRAISAL Shenandoah: WALKER RIDGE 51, 52 AND 53 (APC WI 30%, OPERATOR) Drilling of the second Shenandoah appraisal well, Shenandoah-3, concluded in the quarter. The Shenandoah-3 well…
FOURTH-QUARTER 2014 INTERNATIONAL & FRONTIER El Merk in Algeria During the 4th quarter, the International and Frontier region SALES VOLUMES CAPITAL INVESTMENTS sales volumes averaged approximately 98,000 Bbl/d. 4Q14 4Q13 4Q14 The…
FOURTH-QUARTER 2014 INTERNATIONAL & FRONTIER DEVELOPMENT quarter. Gas export commenced in November, important step toward establishing a project- and commissioning of the onshore natural gas wide legal and contractual framework that is…
FOURTH-QUARTER 2014 INTERNATIONAL & FRONTIER EXPLORATION/APPRAISAL BLOCK CI-515 (APC WI 45%, OPERATOR) Mozambique: th OFFSHORE AREA 1 (APC WI 26.5%, OPERATOR) Colombia: During the 4 quarter, the Saumon prospect FUERTE NORTE, FUERTE…