Antero WV Focus: Recycle Wastewater, More Pipes for Better Prices

Antero Resources is one of the biggest drillers in the Marcellus/Utica. Antero can’t seem to buy enough Marcellus acreage, mostly in West Virginia. Last year the company snapped up close to 80,000 Marcellus acres, mostly in WV (see Antero Takes Southwestern to Cleaners in Deal for 55K Marc. Acres; Antero Resources Picks Up Another 13K Marcellus Acres for $108M; and Statoil Sells Another 11.5K WV Marcellus Acres to Antero for $96M). Antero has a major midstream division. Earlier this year they formed a joint venture with MarkWest to service 360,000 acres in WV (see Antero Forms JV with MarkWest to Service Combined 360K WV Acres). Antero also has a big water operation. Several years ago Antero spent $500 million to build an 80-mile fresh water pipeline from the Ohio River to Tyler and Ritchie counties in WV (see More on that Half Billion Dollar Antero Water Pipeline in WV). All to say (a) Antero is really big, and (b) Antero’s operations in WV are really important. We spotted an article that interviewed a number of people in the WV oil and gas community. Two of the interviewees were from Antero and shared insights into their latest thinking about Antero’s operations in WV, which we found interesting…

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