The Permian Basin’s Delaware play gave a solid assist to Anadarko Petroleum Corp. volumes in the first quarter, but new regulatory scrutiny in its other big onshore play, the Denver-Julesburg Basin in Colorado, weighed on investor sentiment Wednesday.
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A Colorado oil and gas producer has shuttered all of its natural gas lines within 250 feet of occupied buildings while an investigation continues into a fatal blast last month near an Anadarko Petroleum Corp. vertical oil and gas well in Weld County.
Anadarko Petroleum Corp., Colorado’s largest oil and natural gas producer, is shutting in more than 3,000 vertical wells in the northeastern part of the state after a mid-April explosion killed two men in a recently built home in Weld County located about 170 feet from one of the company’s wells.
Newfield Exploration Co. has secured a 10-year contract with a subsidiary of Enable Midstream Partners LP for 205,000 Dth/d of firm natural gas transportation from Oklahoma’s stacked reservoirs.
Anadarko Petroleum Corp. is hiking its capital spending by more than one-third this year as it works to raise Permian Basin resources by 50% and Denver-Julesburg (DJ) resources by 33%.
Anadarko Petroleum Corp.’s ability to synchronize its upstream spending with midstream solutions, thereby avoiding bottlenecks and gaining the best prices, proved a winning method in the Denver-Julesburg (DJ) Basin, and it’s now being duplicated in the Permian Basin.
Anadarko Petroleum Corp.’s advantages in the Gulf of Mexico are stacking up, providing cash flow to fund a plethora of U.S. onshore opportunities, as the super independent eyes a stronger production growth rate over the next five years.
Heading into 2017, Newfield Exploration Co. is preparing to accelerate activity in the Anadarko Basin, going from drilling to hold by production (HBP) to full-field development, the operator told analysts during a conference call Wednesday to discuss 3Q2016 results.
Anadarko Petroleum Corp. may hold a trove of leaseholds across the United States, but the portfolio of the future is guiding for growth from only three areas, the Permian Basin’s Delaware formation, the Denver-Julesburg (DJ) Basin and the deepwater of the Gulf of Mexico, executives said Tuesday.