Anadarko Onshore Experiments Drop Costs, Lift Output

摘要

Anadarko Petroleum Corp. is doing "a lot" of experimen- tation in the U.S. onshore to determine how best to drill unconventional wells to ensure optimized estimated ultimate recoveries (EUR). What the management knows for sure is that the bigger the hydraulic fractures (fracks) the more a well can recover, said CEO Al Walker. Walker and his management team discussed the company's quarter and year-end results with financial ana- lysts last week. In addition to revving up in the Gulf of Mexico operations, Anadarko is building its onshore reserves all over the United States, in Colorado's Wattenberg field, as well as the Eagle Ford and wet gassy areas of the Haynesville shales. Initial drilling is under way in the Utica Shale to pare with ongoing completions in the Marcellus Shale. The slow-and- steady process of experimenting has lowered well costs and is building reserves.