November 2, 2024
Anadarko oil full-cycle costs at West Texas Intermediate (WTI) equivalent range from a low of USD $41.59/Bbl for wells with an Initial Productivity (IP) greater than 1800 Bbl/d to a high of USD $173.27/Bbl for wells with an IP of under 300 Bbl/d. Average Operating costs USD $7.50/Bbl while royalties & taxes and overhead are USD $22.47/Bbl. F&D costs range from USD $6.11-$75.35/Bbl and the 15% producer return ranges from USD $5.51-$67.96/Bbl. The assumed WTI differential is USD $0.00/Bbl.
Full-Cycle Cost Curve
Incorrys analysis shows that there is 9,000 MMBbl of oil resource available below USD $50/Bbl and 17,000 MMBbl available below USD $60/Bbl. Current production (2023) was 190 MBbl/d (69.4 MMBbl/yr).
Anadarko Basin Location
Anadarko is located in Oklahoma and Kansas.
Number of Drilling Locations
Incorrys estimates that Anadarko has about 38,000 drilling locations with initial productivity above 300 Bbl/d and 55,000 drilling locations with initial productivity below 300 Bbl/d.