Oil rose to $51 a barrel on Wednesday on perceptions that a price slide to 2017 lows prompted by economic worries had been overdone amid an OPEC-led effort to tighten supply.
Tag: crude
Anadarko Operational Actions after settlement
As we previously shared on this website, shortly after the accident, in an abundance of caution, we shut-in more than 3,000 operated vertical wells in the DJ Basin. The wells remained shut-in until we were able to complete additional inspections and testing of the lines associated with each wellhead and surface equipment. Our comprehensive inspections on all of our vertical wells consisted of a 25-step process. To date we have returned to service more than 1,350 of the shut-in vertical wells, and we have plugged and abandoned approximately 600 vertical wells. The remaining shut-in wells are awaiting further evaluation, retro-fit equipment installation or abandonment.
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