Petroleum Africa
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Wednesday, September 11, 2013
Andarko Petroleum Corp. said it expects its volumes in Algeria to significantly increase in 2014 thanks to the El Merk field, which came online in Q1 of this year.
The company has a 265,000 bpd train of oil which provides about 30,000 bpd net to Anadarko, which is basically a 10% year-over-year growth in 2013. In 2014 it should see significantly higher volumes coming out of Algeria as the field is fully ramped up.
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