Anadarko identifies 2.3 trillion cubic feet of natural gas at Greater Natural Buttes field.
International Resource News-29 May 2008-Anadarko identifies 2.3 trillion cubic feet of natural gas at Greater Natural Buttes field(C)2008 ENPublishing - http://www.enpublishing.co.uk
International Resource News - 29 May 2008(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
Anadarko Petroleum (Andarko) (NYSE: APC ), a United States-based independent oil and gas exploration and production company, has identified a reserve of 2.3 trillion cubic feet of natural gas at the Greater Natural Buttes field southeast of Vernal.
The company's exploratory 20-acre well spacing determined that additional resources can be extracted with tighter 10-acre well spacings in the present field.
The oil and gas exploration major has received permit for the 10-acre downspacing in at least two subareas of the Greater Natural Buttes field prior to the Energy Symposium at Western Park in Vernal last week.
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