And Anadarko itself soon cut its own production forecasts, citing stormy weather.
"Then we had to quadruple our production forecast for 80,000."
In 2007, new management was brought in and the commercial production forecast was reset to 2009.
Two of the very biggest fields on earth, both are now producing at levels significantly below their medium-term production forecasts.
Also, models are used in developed fields where production forecasts are needed to help make investment decisions.
BP missed its production growth target this year and announced today that it would no longer provide the market with production forecasts.
Toyota raised its production forecast for the fiscal year ending March 2006 to 8.03 million vehicles, up 8.4 percent from last year.
It has not released a global production forecast for 2006, but analysts estimate that it will build about 9.08 million cars in 2005.
The increased production forecast for next year, they contended, would outpace the projected increases in consumption.
Toyota Motor also raised its 2002 production forecasts today.