SUGAR LAND, Texas, July 26, 2017 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. crude oil production has surged in 2017, with heavy activity in domestic shale plays following a spate of strong investments from leading exploration and production (E&P) companies. But such rapid growth often is a double-edged sword, and Anadarko Petroleum Corporation (The Woodlands, Texas) felt the other side of the blade in second-quarter 2017: The E&P leader slashed $300 million from its capital budget for the year after it became clear that the production boom contributed to a global glut that has kept oil prices in the doldrums. Industrial Info is tracking more than $11.8 billion in active projects involving Anadarko.
Within this article: Details on Anadarko's global project slate, including projects in the Gulf of Mexico and Mozambique.
Other companies featured: BP plc, Chevron Corporation, ConocoPhillips, Royal Dutch Shell plc
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
William Ploch
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SOURCE Industrial Info Resources, Inc.
