Anadarko News


Anadarko resumes at Lucius, Heidelberg

Feb 13, 2017

Anadarko had to shut-in production at two of its operated facilities last week, following a fatal fire at the onshore Phillips 66 Partners Paradis Pipeline Station west of New Orleans, Louisiana. Image of Heidelberg…

Anadarko eyes further Colombia drilling

Jan 31, 2017

Anadarko has its eyes set on Colombia, announcing further drilling plans in the Purple Angel block, and opportunities it has identified through the Esmeralda 3D seismic survey in the area.   Map of Gorgon…

Anadarko in two GoM deepwater finds

Dec 16, 2016

US deepwater player Anadarko has completed a deal to buy Freeport-McMoRan Oil & Gas deepwater Gulf of Mexico assets and announced two new Gulf of Mexico finds: Warrior and Phobos. Anadarko said the two finds highlighted the value of its…

Anadarko to close FCX deal in Q4

Nov 01, 2016

Anadarko Petroleum posted a net loss of US$830 million in Q3 2016, as the US independent moves forward with its deal with Freeport McMoRan (FCX) and shifts its focus to oil with the deepwater Gulf of Mexico on its priority list. Walker…

Freeport-McMoRan plans merger to save Anadarko deal

Sep 30, 2016

Freeport-McMoRan (FCX) plans to merge its oil and gas subsidiary, Freeport-McMoRan Oil & Gas (FM O&G) with the parent company, after its proposed US$2 billion asset sale to Anadarko Petroleum failed to gain support from the company's lenders…

Anadarko boosts GoM acreage in $2 billion deal

Sep 12, 2016

Anadarko Petroleum will purchase the Gulf of Mexico (GoM) assets of Phoenix, Arizona-based minerals company Freeport-McMoRan (FCX) for US$2 billion cash consideration, the Houston-based independent said on 12 September. Anadarko’s…

Anadarko spuds Warrior in GoM

Sep 02, 2016

Anadarko Petroleum spudded the Warrior well in deepwater Gulf of Mexico, according to partner Ecopetrol. Warrior is in Green Canyon Block 563, near two major production fields: the western border of Anadarko’s K2 block and on the eastern border of BHP Billiton’s Shenzi field…

Anadarko names two new EVPs

Aug 23, 2016

Anadarko Petroleum has appointed two of its executives as its new executive vice president of operations, and executive vice president, international and deepwater exploration. Hollek. Image from Anadarko…

Anadarko’s Heidelberg

Aug 01, 2016

In this video, Anadarko talks about its Heidelberg project, in the Green Canyon area of the Gulf of Mexico. Heidelberg, which came onstream four months ahead of schedule in January 2016, is an 80,000 b/d floating production facility…

Franks runs first string weight reduction system

Jun 22, 2016

Frank's International deployed its patented 1250-tonne Buoyancy Module (BM) Spider along with ExPert Landing String Solutions’ (ExPert) Drill Pipe Buoyancy Modules to help Anadarko achieve a nearly 250,000-pound reduction in total weight…

Anadarko hits off Ivory Coast

May 03, 2016

Houston-based Anadarko Petroleum has successfully drilled its first horizontal deepwater well offshore the Ivory Coast. The firm encountered 100ft net of true vertical thickness (TVT) pay on the Paon-5A well using Bolette Dolphin drillship…

Anadarko to cut 1000 jobs

Mar 10, 2016

Anadarko Petroleum has cut some1000 jobs from its workforce, as the company braces itself for its proposed budget cut of nearly 50%, to stay afloat during the downturn hitting the entire oil and gas industry. Anadarko CEO Al Walker…

Anadarko cuts budget, focuses on offshore

Mar 01, 2016

Anadarko is reducing its capital investments by nearly 50%, and plans to monetize up to US$3 billion of assets, as the company focuses on its offshore assets in the Gulf of Mexico, and off Africa. Mozambique operations…

EIA: GoM production set for record high in 2017

Feb 18, 2016

Oil production in the US Gulf of Mexico (GoM) will reach record high levels in 2017, due to some 14 projects starting up during 2015-17, despite low oil prices.  Anadarko's Heidelberg. Image from Anadarko…

Anadarko in $1.25 bn loss, cuts 2016 budget

Feb 02, 2016

Anadarko Petroleum posted a full year net loss of nearly US$7 billion, with the anticipation of cutting its initial 2016 budget by some 50%. Mozambique operations. Image from Anadarko. For Q4…

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