Anadarko: 2012 Portfolio Could Deliver 262-266 Million Barrels
Anadarko Petroleum Corp. (APC)’s portfolio of oil and natural-gas assets has the potential to deliver the equivalent of as much as 266 million barrels of oil this year, and as much as 285 million barrels next year, according to presentation slides posted by the company online today.
After accounting for asset sales and gas curtailments in a low-price environment, the company, based in The Woodlands, Texas, said its official forecast is for 2012 sales volumes of as much as 260 million barrels.
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