Anadarko Decreasing Number of Marcellus Rigs by 40%

Yesterday Anadarko Petroleum announced its 2012 capital plan. Anadarko’s activities in the Marcellus get a brief mention. Anadarko’s lease holdings in the Marcellus are primarily in north-central Pennsylvania, the non-wet gas area. Therefore, they are scaling back drilling in the Marcellus for 2012.

From the Anadarko press release:

To view this content, log into your member account. (Not a member? Join Today!)