Antero 1Q – New World Record for Lateral Feet Drilled in 24 Hours

Yesterday Antero Resources, which is 100% focused on the Marcellus/Utica with over 500,000 net acres under lease (and the largest M-U driller in West Virginia), issued its first quarter 2023 update. The company reports net production averaged 3.3 billion cubic feet equivalent per day (Bcfe/d), an increase of 3% year-over-year. Of that production, liquids (NGLs) averaged 187 thousand barrels per day (MBbl/d), an increase of 17% from the year-ago period. Natural gas production averaged 2.2 Bcf/d, a decline of 3% from the year-ago period.

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