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February 4, 2013
16:15 EDTAPCAnadarko reports Q4 sales volume 741K BOE/day
Anadarko's full-year sales volumes of natural gas, crude oil and natural gas liquids totaled a record 268M BOE, or approximately 732,000 BOE per day, an increase of 8% over full-year 2011 sales volumes of approximately 248M BOE. Q4 sales volumes of natural gas, crude oil and NGLs totaled 68M BOE, or 741,000 BOE per day. Anadarko added 434M BOE of proved reserves in 2012, before the effects of price revisions, and incurred oil and natural gas exploration and development costs of $6.358B. The company estimates its proved reserves at year-end 2012 totaled 2.56B BOE, with 74% of its reserves in the proved developed category and 26% categorized as proved undeveloped. At year-end 2012, Anadarko's proved reserves were comprised of 46% liquids and 54% natural gas.
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