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June 2002

Vol. 7, No. 6 Week of June 30, 2002

Anadarko suspends Altamura

Kristen Nelson, PNA editor-in-chief

Anadarko Petroleum Corp. suspended its Altamura No. 1 exploration well in the National Petroleum Reserve-Alaska April 11.

Altamura is the first well the company has operated on the North Slope. It is on a 100 percent Anadarko-owned lease.

Measured depth on the Altamura is 9,100 feet, true vertical depth is 9,041 feet. The surface location is in section 30 of township 9 north, range 2 east, Umiat Meridian. The bottomhole location is in section 31 of T9N-R2E, UM.

Anadarko has a large lease acreage position in Alaska and is partner with operator Phillips Alaska Inc. in the Colville River unit where the Alpine field is being produced. Phillips is also operator and Anadarko’s partner in about half of Anadarko’s acreage in the NPR-A and central Arctic.

Anadarko is the operating partner for the remainder of the company’s Alaska properties, mainly in the Brooks Range foothills.

Altamura most southern

The Bureau of Land Management said in its environmental assessment of the Altamura prospect that Anadarko is proposing to drill two exploratory wells at Altamura, one in the 2001-02 winter season and one in the 2002-03 winter season.

BLM said the purpose of the Altamura project is to delineate the potential southern extension of the oil and gas formation discovered on nearby leases.

The Altamura is the farthest south of the current NPR-A exploration wells, some four miles south of the Rendezvous discovery announced last year.

Anadarko is partner with operator Phillips in the discoveries made in NPR-A at wells drilled in the 1999-2000 and 2000-01 winter drilling seasons. Five wells and a sidetrack targeted the Alpine producing horizon, all encountered oil or gas and condensate: Spark No. 1 and Spark No. 1A, Moose’s Tooth C, Lookout No. 1, Rendezvous A and Rendezvous No. 2.






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