Watch CBS News

Anadarko Hits Milestone Production In Wattenberg

GREELEY, Colo. (AP) — Anadarko Petroleum Corp. says it is producing more than 100,000 barrels of oil equivalent per day in the Wattenberg Field in northeast Colorado.

The production figure includes oil, natural gas and natural gas liquids.

Anadarko has more than 5,300 wells in the Wattenberg Field in the resource-rich Niobrara formation. It has using techniques like hydraulic fracturing and horizontal drilling to tap resources.

The company estimates it has up to 1.5 billion barrels of oil equivalent in recoverable resources in the Wattenberg Field.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.