The foundation of that plan is the inventory of more than 10,000
future drilling locations that it put together that can generate a minimum of a 35 % after - tax return at $ 50 oil.
Overall, the company has 19,000
future drilling locations across the Basin, which it estimates could help it unlock more than 8 billion barrels of oil equivalent resources.
Across these areas, 425
future drilling locations are in the Wolfcamp A, 255 are in the Wolfcamp B, and 105 are in the Wolfcamp C.
As of year - end 2016, the Company estimates that it has 1,800 gross horizontal
future drilling locations in the Wattenberg Field.
Not exact matches
Forward - looking statements include, among other things, statements regarding
future: production, costs, and cash flows;
drilling locations and zones and growth opportunities; commodity prices and differentials; capital expenditures and projects, including the number of rigs employed and the number of completion crews; renegotiation of our credit facility; management of lease expiration issues; financial ratios; certain accounting and tax change impacts; midstream capacity and related curtailments; our ability to meet our volume commitments to midstream providers; ongoing compliance with our consent decree; and the timing and adequacy of infrastructure projects of our midstream providers.
As of December 31, 2016, the Company had identified more than 7,000 potential short - lateral - equivalent
drilling locations in the Wolfcamp formation that are expected to provide substantial opportunity for Anadarko's
future activity in the basin.