Antero Resources 2Q14: Gas Production Doubles, NGLs Quadruple

Antero Resources, one of the biggest drillers in the Marcellus/Utica, had a very impressive second quarter 2014. The company reported on Wednesday that 2Q14 production for natural gas and equivalents was up an impressive 94% over the same period last year–to 891 million cubic feet per day. Closing in on that elite 1 Bcf/d Club! Antero’s natural gas liquids production was 20,237 Bbl/d, an astonishing 387% increase over the same period last year. Antero now has deals to sell ethane to three different cracker plants–two in the northeast and one in Sweden (see today’s story on that)–as well as agreements to sell natural gas to Cheniere Energy’s Sabine Pass LNG export facility. It’s all Marcellus/Utica and all cylinders firing for Antero…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.
Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.