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Vol. 9, No. 32 Week of August 08, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry


Anadarko steps up development of K2 North

Houston independent says K2 North and K2 might qualify as standalone project; increases capital spending to range of $2.8-3 billion

Ray Tyson

Petroleum News Houston Correspondent

Anadarko Petroleum has decided to accelerate development of its K2 North discovery on Green Canyon block 518 in the deepwater Gulf of Mexico, saying that most of an announced increase in its 2004 capital budget would be spent on the expanding field. Anadarko significantly expanded its K2 North disc....

    [additional news subjects in this story]

Marco Polo production began in July

Production target reduced

Second quarter income up from 2003


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