Anadarko is providing for today, innovating for tomorrow
Headquartered in The Woodlands, in Texas, USA, Anadarko Petroleum Corporation (Anadarko) is listed in the NYSE (APC).
Anadarko sits among the largest independent oil and gas companies in the world.
Focusing on exploration and production, Anadarko holds 2.54 billion of barrels oil equivalent (boe) of proven reserves at the end of 2011.
With 4.900 employees, Anadarko focuses on onshore shale gas and deep offshore oil fields.
According to this expertise, Anadarko explores and operates in the:
– Deepwater of the Gulf of Mexico, Alaska, Brazil, China, Indonesia, New Zealand, Mozambique, Kenya and West and South Africa
– shale gas play of Algerian and USA.
In 2011, Anadarko produced approximately 680,000 boe/d and added 392 million boe of proven reserves, which equates to replacing 159 % of production.
In addition Anadarko achieved an 80-percent success rate in the global offshore exploration and appraisal programs.
In 2006, Anadarko acquired the other independent company Kerr-McGee for $16.5 billion.
Anadarko Key Figures
– 2011 Revenues: $13,8 billion
– 2010 Revenues: $10,8 billion
– 2009 Revenues: $8,2 billion
– 2011 Earnings: $(2,6) billion
– 2010 Earnings: $0,7 billion
– 2009 Earnings: $(0,1) billion
– 2011 Capital Expenditure: $6,5 billion
– 2010 Capital Expenditure :$5,1 billion
– 2009 Capital Expenditure: $4,5 billion
Anadarko Projects and Business Highlights
In 2012, Anadarko is planning to invest between $6.6 and $6.9 billion capital expenditure.
For more than 15 year Anadarko is exploring and producing in the Gulf of Mexico.
Today, Anadarko is the largest independent producer in the Gulf of Mexico and is planning to continue with its Lucius project for which one of the largest SPAR ever build is under construction and should come into operation in 2014.
Anadarko is leading the natural gas exploration and production in the East Africa with giant discoveries in the Rovuma basin offshore Mozambique.
Anadarko is running on fast track to develop the Rovuma basin with the Mozambique LNG project actually at pre-FEED stage in KBR and Technip.
Anadarko has a long history of developing unconventional resources with projects in tight oil and shale gas such as Wattenberg field of northeastern Colorado, Eagleford Shale in Southwest Texas, Marcellus Shale in North-Central Pennsylvania, Haynesville Shale (East Texas HZ) in eastern Texas and western Louisiana, Greater Natural Buttes area of eastern Utah, Pinedale and Wamsutter areas of Wyoming, Utica Shale in central Ohio.
In Algeria Anadarko is developing the El Merk mega project which includes 150,000b/d facility.
Anadarko is also involved in deep offshore post-salt and pre-salt exploration in Brazil with Itauna, Wahoo, Itaipu and Coalho prospects and on the western coast of Africa in Sierra Leone, Nigeria and Ivory coast.
