Anadarko accelerates Heidelberg development. First oil set for 1Q 2016

U.S. oil company Anadarko will speed up the development of the Heidelberg oil field, located in the U.S. Gulf of Mexico.

In an update on Thursday, Anadarko said that the project, being developed with a spar platform, was well ahead of schedule.

According to the company, the Heidelberg field is now expected to produce first oil in the first quarter of 2016.

The Heidelberg oil field was discovered in January 2009 with the first successful appraisal well drilled in April 2012. According to Anadarko’s estimates, the field has 200-400 million barrels of recoverable resources.

Anadarko as operator has a 31.5% share in the field while the remaining 68.5% are shared by Cobalt, Eni, ExxonMobil, Freeport McMoran, Marubeni and Statoil