Anadarko Petroleum Company Description
Anadarko Petroleum has ventured beyond its original area of operation -- the Anadarko Basin -- to explore for, develop, produce, and market oil, natural gas, natural gas liquids, and related products worldwide. The large independent company has proved reserves of 1 billion barrels of crude oil and 8.5 trillion cu. ft. of natural gas, more 70% of which are located in the Continental US. Other activities include coal, trona, and mineral mining. Anadarko operates seven gas-gathering systems in the mid-continent. Internationally, the company has substantial oil and gas interests in Algeria's Sahara Desert, Venezuela, and western Canada.
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The Company Description provides a historical perspective of Anadarko Petroleum's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Anadarko Petroleum's evolution in the marketplace.
