Yesterday Antero Resources, one of the biggest (and best) drillers in the Marcellus/Utica, issued their second quarter update. The company spent the lowest amount of money to drill in 2Q of any quarter since 2013 (just $303 million), yet production was 28% higher in 2Q than a year ago.
Yesterday Antero Resources, one of the biggest (and best) drillers in the Marcellus/Utica, issued their second quarter update. The company spent the lowest amount of money to drill in 2Q of any quarter since 2013 (just $303 million), yet production was 28% higher in 2Q than a year ago.