Anadarko Petroleum increased the number of identified Eagle Ford well locations to 4,000 and increased its resource estimate to 600 million barrels of oil equivalent. That means total resource from the company’s 400,000+ gross acres will stretch to more than 1 billion boe. Anadarko is partnered with KNOC across its Eagle Ford acreage.
Anadarko also reached record production in the quarter. The company averaged more than 30,200 boe/d for an entire week. Sales volumes averaged 12,000 b/d of oil, 6,000 b/d of NGLs, and 59 mmcf/d of natural gas during the quarter.
The Brasada gas processing plant is also in service as of the first quarter. The plant has current capacity of 200 mmcf/d, but will have ultimate capacity of 455 mmcf/d when construction is completed in mid-2013.
Read more at our Anadarko Petroleum Eagle Ford Shale page.