July 5, 2021
Peak Production: 2019 (1.6 Bcf/d)
Anadarko is located in Oklahoma, North Texas, Southern Kansas. Before 2019, most Anadarko wells were drilled towards Granite Wash and Woodford. However, formation maturity has led to declines in new well productivity. Since 2019 almost no wells were drilled in Granite Wash and Woodford. Drilling continues in less productive Mississippian formations which has led to significant drop in new well initial productivity.
Anadarko raw gas production peaked in 2019 at 1.6 Bcf/d and is expected to decline to below 1 Bcf/d by 2040. Average first year decline in 2020 was 62%.
Anadarko Gas Well Initial Productivity
The average new well initial productivity in 2018 was 10.5 MMcf/d (primarily from Granite Wash and Woodford0. In 2020, the IP was down to 7.8 MMcf/d (from the Mississippian Basins.) and is expected to decline to less than 2 MMcf/d by 2040.
Anadarko Well Count
Approximately 1500 wells have been drilled since 2000.
Anadarko Gas EUR
The Estimated Ultimate Recovery (EUR) has averaged 2.5 Bcf/well between 2010 and 2020, peaking at 3.1 in 2014.