Delaware basin midstream, llc filed as a foreign limited liability company llc in the state of texas on friday, april 1, 2011 and is approximately eight years old, as recorded in documents filed with texas secretary of state. A in the northern delaware basin primarily lea and eddy counties in new mexico, 39 new wells had at least 30 days of production by the end of. Box 7360, west trenton, nj 086280360 phone 6098839500. Anadarko petro and chesapeake announce jv in the deep haley. The permian basin has attracted more than its share of midstream startup companies over the past few years, and for good reason. Anadarko petroleum corporation is an independent exploration.
Assets in the permian basin are the us oil industrys equivalent of the iron throne in the tv show game of thrones. Chevron to expand in permian basin, acquiring anadarko. Anadarko petroleum corporation announced its 2017 initial capital expectations and guidance. Western gas partners acquires anadarkos interest in. The anadarko basin was a subsiding tectonic feature throughout the paleozoic era. Shell says renegotiating permian jv with anadarko reuters. The electric power is generated from fuel gas sourced from nearby anadarko pipelines. Anadarko spending 60% more in 2017 on delaware basin, dj.
Oxy outmaneuvers competition in battle for anadarko as chevron walks away 050919. Geological survey from 2011 estimates the anadarko basin to have 495 million barrels of oil, 27. Thanks to the proven multistacked oil pay, the exploitation of the delaware basin is still at its infancy. Anadarko expands permian basin operations with new office. It is projecting yearend 2017 oil production in the dj basin to be about 100,000 barrels per day, a 30% increase over 2016, and about 50,000 barrels of oil per day in the delaware basin, an 80% jump from 2016, anadarko said. Flow from the wellhead through temporary flowback equipment to a permanent separator. The company averaged record net sales of 41,000 barrels of oilequivalent per day boed in the second quarter in the delaware basin of west texas. Delaware nation is a federally recognized tribe based in anadarko, oklahoma. Clearly, a large driver of the deal is anadarko s prized position in the delaware basin where chevron increases its position by 240,000 net acres to over 1,400,000 net acres, said andrew dittmar. Conventional and unconventional petroleum systems of the. In 2017, anadarko advanced several foundational components of the delaware basin value chain, securing locally sourced sand, basin takeaway capacity and making significant progress on the extensive infrastructure. Today, we continue our series on permian gathering systems with a look at wpx energy and howard energy partners new pipes in new mexicos eddy county and. Operators test new concepts, redefine best drilling practices. As companies step up drilling operations, they are continually applying lessons learned and redefining best practices to.
Twa article anadarko delaware basin tankless flowback strategy. Anadarko s delaware basin position is 589,000 gross acres and holds 8,500 feet of stacked oil potential. The permian basins stacked pays and favorable economics make it the choicest real estate in the world for developing oilrich horizontal resource plays, as evidenced by the number of bigdollar acreage acquisitions all across the basin in recent months. Western gas partners announced the acquisition of anadarkos 50% interest in the delaware basin jv gathering system and released the companys q4 results. Anadarko, which operates at least six drilling rigs in the delaware subbasin, which is part of the larger permian basin, hopes that it can increase production from 41,000 barrels of oil a day in. Three companies are betting on the spraberrywolfcamp in texas permiandelaware basin. Western gas partners, lp wes is a growthoriented delaware master limited partnership formed by anadarko petroleum corporation to acquire, own, develop and operate midstream energy assets. The company focuses on natural gas gathering, compression and measurement, treating and handling, processing. Whitewater midstream announces new delaware basin natural gas pipeline connecting orla, texas to the waha hub. As the operator for approximately 70 percent of our delaware basin leasehold, we have significant size, scale, control and flexibility to be an anchor tenant on several pipeline projects to ensure hydrocarbontakeaway from the basin and improve wellhead margins. Our data undergoes extensive quality assurance testing with over 2,000 discrete checks for validity and reliability. Anadarkos delaware basin position is 589,000 gross acres and holds 8,500 feet of stacked oil potential.
Much of the companys efforts in 2018 in the delaware basin were centered on expanding its extensive infrastructure to facilitate the transition to pad development. Recovery efficiencies of these reservoirs have averaged only 14 percent since production began in the 1920s, and, thus, a substantial amount of. The company expects total oil sales volume to increase more than 50 percent in the delaware basin and by about 30 percent in the dj basin compared to. In 2014, anadarko plans to drill more than 80 wells in ward, reeves and loving counties to determine prospectivity of its wolfcamp shale acreage. Chesapeake energy chk and anadarko petroleum apc jointly announces the completion of multiple agreements, including a joint venture involving chesapeake and anadarko assets in the deep haley. The acreage it retained in the delaware basin has been transformative for the. The region has experienced big gains in crude oil, natural gas and ngl production, and thats put stress on the permians already significant pipeline infrastructure and spurred the development of many new projects. Anadarko petro and chesapeake announce jv in the deep. Mar 09, 2017 anadarko focused on oil in delaware basin, dj basin by joe barone, shale directories in daily dose of shaledirectories. Royal dutch shell and the woodlands anadarko petroleum feuded last year over spending and control of their permian basin joint venture in.
If the deal to acquire the distressed delaware basin competitor hadnt been struck at the end of 2015 this company would never have gotten into this play. Anadarko petroleum earnings higher with delaware basin. Anadarko, which operates at least six drilling rigs in the delaware sub basin, which is part of the larger permian basin, hopes that it can increase production from 41,000 barrels of oil a day in. Jason mcclain delaware basin development geoscience manager. Petroleum geology of the anadarko basin region, province. Delaware basin geological feature, united states britannica. Reservoir characterization, delaware basin, project summary. The delaware nation lenni lenape, anadarko, oklahoma.
Delaware river basin commissionmonitoring to establish. Petroleum geology of the anadarko basin region, province 115. Nov 30, 2014 anadarko petroleum expanded its highconfidence area in the delaware basin capable of targeting the wolfcamp intervals. Assessment of undiscovered oil and gas resources of the. In 2019, the company is focused on appraisal and delineation of its more than 300,000. The anadarko basin is located in western oklahoma, southeastern colorado, western kansas and the northeastern portion of the texas panhandle. Anadarko has brought several wells online in the delaware wolfcamp that. Built two acreage positions in the delaware basin 8,500 net acres 4,000 leased 300 boepd production sold block 45 position dec. Anadarko, shell ready to work together to grow delaware basin.
Delaware basin production boosts anadarko kallanish. Guadalupe mountains national park and carlsbad caverns national park protect part of the basin. Jason mcclain delaware basin development geoscience. Fax 6098839522 thanks to nj for hosting the drbc website. Royal dutch shell and anadarko petroleum are renegotiating their fiveyearold joint venture in the permian shale basin in texas, shell chief financial officer simon henry said on thursday. At stake in the chevron versus occidental battle for anadarko is the permian basin, the worlds secondlargest producing oil field. Occidental petroleum corp and chevron corp, two of the largest oil and gas producers in the permian basin shale field by production volumes. The anadarko basin is a geologic depositional and structural basin centered in the western part of the state of oklahoma and the texas panhandle, and extending into southwestern kansas and southeastern colorado. In its delaware basin assets, anadarkos oil production averaged 33,000 bopda 52% increase from its q2 production in 2016. Whitewater midstream announces delaware basin natural gas. If my newest delaware basin pick is anything like my last one you could find yourself making multiples on your investmentin very short order.
About the delaware basin the delaware basin is an extension of the larger permian basin, one of the most prolific and longproducing oil basins in north america. Western gas equity partners, lp wgp is a delaware master limited partnership formed by anadarko to own the following types of interests in wes. By the end of the 20th century, the anadarko basin was producing the. Delaware basin midstream, llc explores and produces crude oil and natural gas. Aa the last microcap in the delaware basin oil and gas.
A corporate filing is called a foreign filing when an existing corporate entity files in a state other than the state they. The company has six drilling rigs at work to better delineate the delaware where it has 600,000 acres, officials said during an earnings call wednesday with analysts and the media. Anadarko petroleum expanded its highconfidence area in the delaware basin capable of targeting the wolfcamp intervals. Horizontal drilling with extendedreach laterals and multizone developments are being used to unlock the vast. Contacts whitewater midstream matt calhoun, 5125981257. In the delaware basin, the company focused on completing its extensive network of foundational infrastructure and began transitioning. In an effort to fully test the electric concept, we also partnered with schlumberger in using their electric wireline unit on that particular pad. Jul 12, 2007 anadarko petro and chesapeake announce jv in the deep haley area of the delaware basin in west texas. According to anadarko petroleum apc, the companys delaware basin position is three times the size of its contiguous core dj basin footprint and holds 8,500 feet of stacked oil potential. The basin covers an area of 50,000 square miles,000 km 2. In the heart of the permians delaware basin, anadarkos acreage yellow sits amid chevrons.
Anadarko focused on oil in delaware basin, dj basin by joe barone, shale directories in daily dose of shaledirectories. Apc says its in the final stages of securing a 70% operatorship stake in the delaware basin acreage that, until this month, it shared in a joint venture jv with royal dutch shell plc nyse. Devons operations in the delaware basin of southeast new mexico provide both oil and natural gas production from its core acreage position consisting of more than 250,000 net acres across multiple formations. Anadarko, an oil and gas production and exploration company, has assets in mozambique, the gulf of mexico and, significantly, in texas. Delaware basin midstream, llc as buyer and, for certain limited purposes, anadarko petroleum corporation and western gas partners, lp covering the purchase and sale of a 100% membership interest in delaware basin jv gathering llc dated as of march 2, 2015. To the west and north, the basin shoals onto a broad shelf with subsurface basement depths of less than 5,000 ft. Delaware basin resources llc filed as a foreign limited liability company llc in the state of texas on wednesday, december 2, 2009 and is approximately eleven years old, as recorded in documents filed with texas secretary of state. Delaware basin midstream, llc company profile houston, tx. The companys 2017 guidance was revised down from 235 to 239 mmboe. May 21, 2014 the delaware basin is manna for all the companies with properties in the area. Anadarko petroleum corporation award submission in the. Geological survey, using a geosciencebased assessment methodology, estimated mean technicallyrecoverable undiscovered continuous and conventional resources that total 495 million barrels of oil, 27.
Anadarko expands permian basin operations with new office in. Leading a team of talented individuals providing geologic support to the development planning and execution efforts of anadarko s delaware basin acreage within the greater permian basin. Chevronoccidental anadarko war is for oil field 12 size of. Anadarko trims spending for 2018 houston business journal. It also achieved record production at three facilities in the gulf of mexico. Western gas partners announces acquisition of interest in. Approximately 70,000 square miles in size sedimentary column approaches 40,000 feet in thickness in deepest portion of basin production comes from cambro ordovician through permian strata estimated cumulative production of more than 125 trillion cubic. Send me the last microcap in the delaware basinnow an undiscovered gem remains undiscovered until it isnt. Anadarko basin the anadarko may be an oldie, but its still a goodie in u. Western gas partners announces nonbinding open season for delaware basin express pipeline natural gas transportation services from the ramsey gas processing plant to the waha hub.
Nov 16, 2017 about 80 percent of the 2018 capital program is focused on the delaware basin of west texas, the dj basin of northeast colorado and the deepwater gulf of mexico, according to a nov. Anadarkos oil sales volume in the delaware and dj basins increased approximately 71% and 17% year over year,respectively. New mexico geological society guidebook, 31st field conference, transpecos region, 1980 105 a regional geological and geophysical study of the delaware basin, new mexico and west texas g. To further strengthen its baseline dataset, drbc is currently working with the academy to reanalyze srmp samples collected in 2011 for. Delaware basin midstream llc company profile and news. Slope and basin clastic reservoirs in sandstones of the delaware mountain group in the delaware basin of west texas and new mexico contained more than 1. Ranges of barium concentrations at key water quality monitoring locations in the upper and middle delaware river basin. Three companies are betting on the spraberrywolfcamp in texas permiandelaware basin, an emerging shale play that could hold far more oil than even the bakken and eagle ford. Anadarko petroleum earnings higher with delaware basin production. In 2017, anadarko began moving toward tankless wellsite facilities in the delaware basin as a means to improve the overall efficiency of operations, while significantly reducing surface impacts, truck traffic, and associated emissions. Dec 02, 2009 delaware basin resources llc overview. Several years ago, anadarko petroleum decided to simplify its onshore u. Horizontal drilling with extendedreach laterals and large pad developments are being used to unlock.
Western gas partners announces nonbinding open season for. Devons operations in the delaware basin of west texas and southeast new mexico provide both oil and natural gas production from its core acreage position consisting of more than 250,000 net acres across multiple formations. By the end of the 20th century, the anadarko basin was producing the largest amount of natural gas in the united states. Anadarko petroleum said tuesday its pleased with initial drilling results in shale plays in texas and colorado, kallanish energy understands. Delaware basin midstream, llc company profile houston. Jun 06, 2016 because reeves county came up in my look at anadarko operations a few weeks back, i thought it would be a good time to take a look at activity in the texas portion of the delaware basin, and. A case in point is the 50mileplus, 100mbdcapacity gathering system that a producermidstreamer joint venture has been building in the delaware basin along the texasnew mexico line. Its delaware basin assets in west texas averaged 75,000 bpd of oil production in q4 2018, with total volume averaging 127,000 boed in that quarter.
Anadarko focused on oil in delaware basin, dj basin shale. Anadarko ended the second quarter with production of 45,000 boed in the delaware basin. About the delaware basin the delaware basin is an extension of the larger permian basin, one of the most prolific and longproducing oil basins in. Anadarko began its electric fracture fleet pilot with usws on a 12 well pad in the dj basin in september 2015.