Anadarko to pump millions into Weld County oil, gas drilling

Weld County’s largest oil and gas operator and employer plans to pump almost $1 billion into its Colorado operating program this year, but it’s facing a smaller piece of the pie in the face of some hot competition down south.

The Greeley Tribune reports that Anadarko Petroleum Corp. officials announced in an investor call Wednesday the company would beef up its spending this year in the Denver-Julesburg Basin — the area encompassing all of Weld County and stretching into Wyoming and Nebraska — to $840 million. It’s been two years since company spending has even come close to that level. In 2015, Anadarko allocated between $4.86 billion to $5.1 billion to spread among all its U.S. drilling fields.