do you think I have overstated the implications of andarko more than doubling their production of oil/oil equivalents in the third quarter in the wattenberg field of the niobrara.
I expect you’d want to see confirmation of growing production from other players.
I’ve been reading reports of growing strikes in the wattenberg field but this is the first report I’ve seen on production there.
Have you seen any other companies reporting production in the wattenberg field.
Here’s another company: PDC energy that increased their oil production: But its year over year:
Production up 34% from Q2 2012 to 18,100 barrels of oil equivalent per day (”Boe/d”)
Wattenberg production and liquids increased 40% from Q2 2012
I would like to see the breakdown of the oil equivalents.
Is this mostly gas, dry gas, condensate or oil?
I see several companies trying to bump up their stock price by finding mostly dry gas and putting out news releases measured in oil equivalent.
Anadarko is a good company. I believe them to be well run.