More Value out of GOM3 Data & Analysis: Anadarko Leases

Leases change hands all the time. However, the purchase of Anadarko, currently the Gulf’s third largest deepwater leaseholder, by Oxy may generate unique acquisition opportunities. As of July 29th, Anadarko has record title interests in 212 leases in water over 200 meters (656 feet). Oxy may retain some, none or all of them in its ultimate GOM portfolio. Most likely, however, many of Anadarko’s holdings will be available for acquisition or farming-in, generating extreme focus on assessing their values.

Much of the information for a comprehensive evaluation is available in GOM3. This includes complete leasing, drilling, and production histories. In addition to BOEM’s reservoir and field-level assessments of remaining resources, we have independent decline curve analysis of all completions and reservoirs. We have identified where producible resources remaining in abandoned reservoirs in our Forgotten Oil and Gas Study. On the liability side, we have data on the block-level cost of well and facilities decommissioning. All of this information can also be useful in managing your own properties, particularly in the case of potential resources on farmed-in blocks.

We will present a free webinar providing potential contributions to lease evaluations using Anadarko as our case study:

  • An analysis of how all of Anadarko blocks would be evaluated if they were available for bidding. This includes the factors that drive values up and down and how they fit into different company strategies.
  • Regional analysis of factors influencing block evaluations in Anadarko’s principal focus areas.
  • A comparison of BOEM's remaining reserves from producing assets on Anadarko leases and an overview of how the Forgotten Oil & Gas Study differs.
  • Decommissioning liabilities, including leases, rights-of-way (ROW) and rights-of-use-and-easement (RUE).
  • How transporation of production can factor into decisions and how the Tie-back Tool can help.

The webinar is free and will last approximately 45 minutes with extra time for questions and suggestions.  If you would like to join in, please register for one of the two dates below. We will email you the link to join the selected meeting.

If you cannot attend at this time, please contact Tony Dupont ( if you are interested in a smaller demo.