Anadarko to drill up to 300 Niobrara wells in 2013

Anadarko Petroleum Corp at Citi Global Energy and Utilities Conference - Niobrara Plans for 2013

Anadarko Petroleum Corp at Citi Global Energy and Utilities Conference – Niobrara Plans for 2013 – Niobrara Wattenberg Hz Decline Curve

Buried in the Appendix of a May 15, 2013 presentation to the Citi Global Energy and Utilities Conference Anadarko Petroleum had only one slide that referred to its Niobrara drilling operations.  Their current plan is to drill 300 Niobrara wells in 2013.  The company expects 350 MBOE per well with production estimated at 50% Oil, 20% NGLs and 30% Gas.  They have over 4000 drill sites in their inventory.

It is a puzzling why Anadarko would bury a 300 well per year drilling program in a presentation “Appendix” for investors in a play other companies consider a “Premier Oil Play”.

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