Anadarko has Gulf of Mexico discovery

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Dec 1 (Reuters) – Anadarko Petroleum Corp (APC.N) has made a natural gas discovery at its Cheyenne East prospect in the Gulf of Mexico, an executive told investors on Thursday.

The first well Anadarko drilled since the U.S. government’s drilling moratorium was lifted was a discovery with “50 foot of high-quality gas pay,” Chuck Meloy, Anadarko’s senior vice president of worldwide operations, told the Jefferies energy conference.

First production is expected next year, Meloy said.

(Reporting by Anna Driver; Editing by Lisa Von Ahn)

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Posted on December 1, 2011, in AMERICAS, Gulf of Mexico, Natural Gas, Oil & Gas - offshore and tagged , , , , , , , . Bookmark the permalink. 3 Comments.

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