Anadarko Petroleum Corp. (NYSE: APC) on Nov. 16 forecast an 11% rise in sales volumes for 2018, as shale producers boost oil output aggressively, taking advantage of recovering oil prices.
The Woodlands, Texas-based oil and gas producer said it expects to sell 245 million to 255 million barrels of oil equivalent (boe) in 2018, higher than the 224 million to 228 million boe it forecast for 2017.
https://www.oilandgasinvestor.com/anadarko-petroleum-sees-11-rise-2018-sales-volumes-1669761