Below we look at the drivers of the crude oil and condensates division for Anadarko.
FORBES: See For Yourself If Anadarko Stock Price Is A Bit Too Plump
The company explores for and produces crude oil and condensates and sells it to refiners, gatherers and marketers around the world.
FORBES: See For Yourself If Anadarko Stock Price Is A Bit Too Plump
Pessimists retort, however, that these condensates exist only at extremely low temperatures.
The physics prize went to the first makers of Bose-Einstein condensates.
The reason Bose-Einstein condensates may prove useful outside the laboratory is that they are to matter what a laser is to light: all their constituent particles march in step.
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Actually creating such condensates fell to Eric Cornell and Carl Wieman, of the University of Colorado, Boulder, who made one out of rubidium atoms, and Wolfgang Ketterle, of the Massachusetts Institute of Technology, who did the same with sodium.
Africa and the Caspian Sea region, it figures, can supply it with about 1.6 million barrels a day of oil in a few years, compared with worldwide liquids production (crude and natural gas condensates) of 2.5 million barrels a day last year.
Just to prove that his atoms really were acting as single waves, Dr Ketterle made two condensates at the same time, and allowed them to merge, thus creating ripple-like interference patterns of the sort that might be seen if two stones were thrown simultaneously into the same pond.
Since they were first made in 1995, Bose-Einstein condensates have become commonplace as experimental tools. (They are particularly valued for their ability to slow the speed of light all the way down to zero.) Dr Steinhauer and his colleagues created a condensate out of a gas of rubidium atoms held in a magnetic trap.
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