November 10, 2015
At the Bank of America Merrill Lynch 2015 Global Energy Conference on Nov 10, 2015, Anadarko presented their corporate results and guidance to date. Anadarko’s Niobrara assets in the Wattenberg field was referred to as “World Class” in the company’s presentation.
Currently the company is estimating 1.5 BBOE in their Wattenberg field leasehold with the potential of 500 MMBOE upside potential with downspacing. Andadarko has increased net sales of oil in Wattenberg from 55 Mboe/d in 2009 to 200-225 Mboe/d in 2015. The company is plans to operate 7 drill rigs and drill up to 360 wells in 2015. Up to 120 well completions will be deferred.
On this date, Anadarko is also rumored to interested in acquiring Apache Corporation: see article Darn, It’s Anadarko