Anadarko's Future Drilling in the DJ Survives Proposition 112 Vote
Noble delivered production of 345 mboe/d in the third quarter, which was 2% higher sequentially and at the high end of prior guidance. Management expects fourth-quarter output to stay around that level, with growth in the DJ Basin and West Africa offsetting declines in the Eagle Ford and Israel (the latter is a seasonal effect, as overall demand is still growing). Full-year guidance was unchanged, although we note that the midpoint of fourth-quarter guidance implies full-year volumes will end up...Anadarko Petroleum is an independent exploration and production company. The company also participates in the hard-minerals business through royalty arrangements. The company's reporting segments are as follows: Exploration and Production, which is engaged in the exploration, development, production, and sale of oil, natural gas, and natural-gas liquids (NGLs) and in advancing its Mozambique liquefied natural gas project toward final investment decision; and WES Midstream and Other Midstream, in which these two segments engage in gathering, processing, treating, and transporting the company and third-party oil, natural-gas, and NGL production as well as gathering and disposal of produced water.
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