Anadarko expects to invest $950 million in the ‘DJ Basin’ northeast Colorado

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In the DJ Basin of northeast Colorado, where the company has more than 2 billion BOE of net resources within its development area, Anadarko expects to invest approximately $950 million on upstream activities in 2018.

It plans to average five operated rigs and three completions crews in the basin. The company expects to increase year-over-year oil sales volume from the DJ Basin by about 30 percen. That’s up from about $840 million the company (NYSE: APC), one of Colorado’s biggest oil and gas companies.

 

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