Ascent Resources 1Q: Refocused on Utica Dry Gas, Hits 2 Bcf/d
Ascent Resources, originally founded as American Energy Partners by gas legend Aubrey McClendon, is a privately-held company that focuses 100% on the Ohio Utica Shale. Ascent is Ohio’s largest natural gas producer and the 7th largest natural gas producer in the U.S. The company issued its first-quarter 2020 update last Friday. The company flew by producing 2 billion cubic feet equivalent per day (Bcfe/d) in 1Q, a new high.
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