About 55% of Anadarko’s spending this year will go toward the US onshore sector, with another 25% set aside for international projects.
The company, which also announced the start of production at the Caesar-Tonga development in the Gulf of Mexico on Monday, said 10% of its capital budget would be devoted to the US Gulf.
Anadarko, like most other major producers in the US faced with decade-low natural gas prices, will focus most of its onshore spending – about 90% – on liquids-rich plays such as the Wattenberg field, Eagle Ford shale, Permian basin and other emerging regions in eastern Texas.
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