Antero Ups 2013 Budget Extra $500M for Marcellus/Utica Drilling

Antero Resource provided an update yesterday on their Marcellus and Utica Shale operations. Among the interesting highlights: Antero has started using longer “shorter stage lengths” (SSLs) when fracking wells–going from 150-200 feet per frack stage to an average of 350 feet per stage. They report being “encouraged” by the results. Antero also announced they’re investing an extra $500 million in their 2013 capital budget for drilling in the Marcellus and Utica…

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