He now runs a private investment firm and sits on the board of Anadarko Petroleum.
Anadarko took its sales of liquids to record highs, with volume reaching 297, 000 barrels per day.
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"No one wants to be in a crisis communications situation, " said Anadarko spokesman John Christiansen.
Its main competitors are ExxonMobil, British Petroleum, Anadarko and Chevron.
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Even so, Anadarko bond investors, fearing rating agency downgrades, have sold the paper in recent days.
Below we look at the drivers of the crude oil and condensates division for Anadarko.
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Anadarko has oil and natural gas production and development operations located in Algeria, Ghana, and China.
FORBES: Anadarko's Future Looks Bright As Major Projects Are On Track
The company competes with other established oil producers like Exxon, ConocoPhillips and Anadarko.
The past three months have seen Wall Street analysts become less optimistic about Anadarko.
ConocoPhillips primarily competes with ExxonMobil, BP and Anadarko in the oil and NGL markets.
Higher oil prices will help Apache (APA), Anadarko Petroleum (APC), Exxon (XOM) and Chevron (CVX), among others.
In Brazil, Anadarko has assets in the Campos Basin, where Wahoo and Itaipu are its biggest discoveries.
FORBES: Anadarko's Future Looks Bright As Major Projects Are On Track
Exxon Mobile (XOM), Chevron (CVX), Conoco Phillips (COP), Apache (APA) and Anadarko (APC) are natural choices to consider.
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Anadarko bankruptcy is worth considering for investors feeling tempted by the 50% plunge in shares since the blowout.
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As part of the settlement, Anadarko has also agreed to drop its case against BP for gross negligence.
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The recent discoveries will help Anadarko to build back its reserves and increase production in the long term.
Anadarko could also look to sell its stake in some of these discoveries to immediately monetize their potential.
FORBES: Anadarko's Future Looks Bright As Major Projects Are On Track
Oil companies like BP and Anadarko are hurriedly shutting in production and evacuating all workers from Gulf facilities.
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Anadarko Petroleum Corp shares are currently trading off about 2.1% on the day.
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Trading in NYSE-listed Anadarko halted for five minutes and resumed at 11:01 a.m.
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Anadarko has also been successful in discovering huge gas reserves off the coast of Mozambique in the Rovuma basin.
FORBES: Anadarko's Future Looks Bright As Major Projects Are On Track
Anadarko Petroleum Corp shares are currently trading up about 3.4% on the day.
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ConocoPhillips competes with other oil producers like Exxon, British Petroleum and Anadarko and Chevron.
FORBES: ConocoPhillips Needs To Pump Up Production To Justify Stock Price
Anadarko competes with BP, ExxonMobil , Chevron and ConocoPhillips in the oil and gas industry.
Anadarko Petroleum Corp shares are currently trading up about 2.4% on the day.
Anadarko Petroleum Corp shares are currently trading off about 3.2% on the day.
Higher prices would benefit, among others, Anadarko Petroleum (APC), Chesapeake (CHK), Berry Petroleum (BRY), Exxon Mobile (XOM), and Chevron (CVX).
Anadarko Petroleum executive will take the top job, beginning a new chapter for the second largest U.S. natural gas producer.
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Slowed production in the Gulf of Mexico has also impacted the production of competitors such as Chevron and Anadarko.
The high profile player is Anadarko, but others such as ENI, Petronas and Statoil are also active.
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