Antero Resources

Antero Resources | Carroll County | Chesapeake Energy | Columbiana County | Eclipse Resources | Energy Companies | Guernsey County | Monroe County | Ohio | PDC Energy | Utica Shale

11 New Utica Shale Drilling Permits in OH, as of Dec 12
December 28, 2012December 28, 2012

The latest round of permits to drill new Utica Shale wells from the Ohio Dept. of Natural Resources (ODNR) includes 11 new permits, 8 of which went to Chesapeake Energy.

Here’s the latest Ohio Utica permit report (with grand totals by county) as of Dec. 12:

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Antero Resources | Chesapeake Energy | CNX Resources | Energy Companies | Gulfport Energy | Hilcorp Energy | Ohio | Statewide OH | Utica Shale | XTO

New Utica Permits for Hilcorp, Chesapeake, Others
December 21, 2012December 21, 2012

The latest permits issued last week by the Ohio Dept. of Natural Resources (ODNR) for Utica Shale drilling include permits for Hilcorp, Chesapeake, Gulfport, XTO, CNX Gas and Antero.

Here’s the details on which counties and for how many wells:

Read More “New Utica Permits for Hilcorp, Chesapeake, Others”
Antero Resources | Crestwood Midstream | Doddridge County | Energy Companies | Energy Services | Harrison County | Industrywide Issues | Pipelines | West Virginia

Crestwood Midstream Buys 4 Compressor Stations in WV
November 27, 2012November 27, 2012

Crestwood Marcellus Midstream announced yesterday they have purchased four compression/dehydration stations from Enerven Compression for $95 million. The stations service Crestwood’s own gathering pipelines in Harrison and Doddridge counties in West Virginia. Antero Resources is the driller in the area using the Crestwood pipeline system. Crestwood’s CEO calls it a “bolt-on acquisition” for the company.

From the Crestwood press release, which includes an update on their Marcellus-related business with Antero:

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Antero Resources | Energy Companies | Guernsey County | Hydraulic Fracturing | Industrywide Issues | Noble County | Ohio

OH Muskingum Watershed District Seeks Lease with Antero
November 19, 2012November 19, 2012

In what is sure to tick off anti-drillers, the Ohio-based Muskingum Watershed Conservancy District (MWCD) announced Friday it will seek a lease with Antero Resources to allow shale gas drilling under 7,600 acres of district-owned land at Seneca Lake. The Muskingum River Watershed covers more than 8,000 square miles and drains into the Muskingum River. It is the largest wholly contained watershed in the state of Ohio covering about 20 percent of the state. More recently, the MWCD has been in hot water with anti-drillers over selling what amounts to a thimble-full of their vast water supplies to drillers in Ohio that use it for fracking Utica Shale wells (see this MDN story).

So, just how much will the MWCD get for leasing the Seneca Lake land?

Read More “OH Muskingum Watershed District Seeks Lease with Antero”
Antero Resources | Energy Companies | Energy Services | Harrison County | Industrywide Issues | MarkWest Energy | Noble County | Ohio | Pipelines | Processing Plants | Statewide OH

Antero Resources Inks Deal with MarkWest for Ohio Utica Shale
November 7, 2012November 7, 2012

On Monday MDN told you about Antero Resources’ sale of their Piceance Basin assets so they can laser focus on the Marcellus and Utica Shale region (see this MDN story). A day later—yesterday—Antero followed up that big announcement with another big announcement: They’ve signed a deal with MarkWest for pipelines and processing in Noble and Harrison counties (Ohio) to give Antero’s operations in the Ohio Utica Shale a boost. Interestingly, the Harrison County project will yield ethane that MarkWest/Antero will send to the new ATEX ethane pipeline that runs all the way to the Gulf.

Terms of the deal between Antero and MarkWest were not disclosed. Here’s the joint press release announcing the particulars of the deal:

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Antero Resources | Energy Companies

Antero Resources Sells Piceance Assets, Now Focused on NE
November 5, 2012November 5, 2012

Antero Resources announced today they are selling off 61,000 acres of leases and 30 miles of pipeline, along with other assets, in the Piceance Basin (pronounced “pee awns”, located in northwestern Colorado) for $325 million in cash to an unnamed private company.

The fact Antero is selling assets elsewhere would not normally be news for MDN—except this time. Why? The reason they’re selling it is to invest the money in more drilling in the Marcellus and Utica Shale. With the sale of the Piceance, and earlier this year the sale of their Arkoma Basin assets, Antero is now totally focused on the Appalachian (Marcellus/Utica) basin.

Read More “Antero Resources Sells Piceance Assets, Now Focused on NE”
Antero Resources | Doddridge County | Energy Companies | Energy Services | Industrywide Issues | MarkWest Energy | Pipelines | Processing Plants | Statewide WV | West Virginia

MarkWest Opens Sherwood I Wet Gas Processing Facility in WV
October 31, 2012October 31, 2012

MarkWest, a huge midstream (pipeline & processing facilities) company and Antero Resources, a Marcellus Shale driller, inked a deal in May 2012 for MarkWest to gather and process Antero’s wet gas, or natural gas liquids in West Virginia (see this MDN story).

MarkWest announced today the first phase of that deal is now online with the commencement of operations at the Sherwood I facility in Doddridge County, WV. The Sherwood I facility has the capacity to process 200 million cubic feet per day of wet gas. MarkWest is building Sherwood II now, which would add an additional 200 Mmcf/d of capacity. Eventually a third Sherwood facility may be built for a total capacity of 600 Mmcf/d.

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Antero Resources | Belmont County | Energy Companies | Lease & Royalty Payments | Ohio | Utica Shale

Barnesville, OH Signs Lease with Antero, Receives $6M
September 12, 2012September 12, 2012

The Village of Barnesville, OH (Belmont County) just signed a lease with Antero Resources to allow shale drilling on 1,047 village-owned acres. The village now has an additional $6 million in revenue because of it.

Here’s the details about the deal, including the per-acre price and royalty percentage (some of the highest we’ve seen):

Read More “Barnesville, OH Signs Lease with Antero, Receives $6M”
Accidents | Antero Resources | Energy Companies | Harrison County | Industrywide Issues | West Virginia

3 Workers Injured in WV Gas Drilling Explosion
August 20, 2012August 20, 2012

Hall Drilling LLC was drilling Cottrill No. 3 well for Antero in north-central West Virginia early last Friday when a spark caused a fireball injuring three rig workers.

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Antero Resources | Energy Companies

Antero 2Q12 Update: More Marcellus/Utica Drilling Ahead
August 13, 2012August 13, 2012

Antero Resource released their 2Q12 financial and operating update this morning. Among the highlights: They’re operating 10 drilling rigs in the Marcellus, all of them in northern West Virginia. They plan to add two more rigs in the near future to the 10 already there. To date, Antero has drilled and completed 88 Marcellus Shale gas wells. They’ve completed two Utica Shale wells in eastern Ohio and are right now drilling a third.

Below are the relevant portions from the update for this very active Marcellus/Utica driller:

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Accidents | Antero Resources | Energy Companies | Harrison County | Industrywide Issues | West Virginia

Antero Hits Aquifer in WV, Creates Backyard Geysers
June 8, 2012June 8, 2012

Antero Resources was drilling a natural gas well in the Sardis, WV area (near Clarksburg) when they hit a water aquifer in the area. It resulted in several abandoned nearby water wells to start gushing water, some of it blowing 10 feet or more into the air. But there were no chemicals being used during drilling, it was the initial stages and only water and air were used, and the air is what caused the problem.

Here’s what happened:

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Antero Resources | Energy Companies

Antero Sells Assets in Arkoma Basin, Expands Utica/Marcellus
June 4, 2012June 4, 2012

Antero Resources is selling off natural assets in both the Woodford Shale and Fayetteville Shale to Vanguard Natural Resources for $445 million in cash. Antero plans to use the money to grow it’s operations in the Marcellus and Utica Shale region.

Read More “Antero Sells Assets in Arkoma Basin, Expands Utica/Marcellus”
Antero Resources | Energy Companies

Antero Resources Continues Expansion in the Marcellus
May 16, 2012May 16, 2012

Antero Resources released its first quarter financials and operating results earlier this week. Antero reports their net production of natural gas was up 83 percent when compared to the first quarter of 2011 because of new wells in the Marcellus Shale and the Piceance Basin (Colorado). They also report that the Marcellus Shale is where they will keep their focus with seven drilling rigs and some 233,000 leased acres as compared to two rigs for the Piceance (63,000 acres) and no rigs in the other shale plays where they operate.

The relevant portion of the Antero press release:

Read More “Antero Resources Continues Expansion in the Marcellus”
Antero Resources | Brooke County | Chesapeake Energy | Doddridge County | Energy Companies | Energy Services | Harrison County | Industrywide Issues | MarkWest Energy | Marshall County | Ohio County | Pennsylvania | Pipelines | Processing Plants | Washington County | West Virginia

MarkWest Inks Two New Deals to Expand Processing in WV
May 8, 2012May 7, 2012

MarkWest has been in the news a lot lately, signing a raft of new agreements and even buying out a competitor. Last Friday, MarkWest announced they had signed an agreement (terms not disclosed) to expand MarkWest’s processing capacity in the Marcellus Shale to handle more Chesapeake production. The areas covered by the agreement include northern West Virginia (Brooke, Ohio and Marshall counties), and Washington County in Pennsylvania.

Read More “MarkWest Inks Two New Deals to Expand Processing in WV”
Antero Resources | Brooke County | Chesapeake Energy | Doddridge County | Energy Companies | Energy Services | Harrison County | Industrywide Issues | MarkWest Energy | Marshall County | Ohio County | Pennsylvania | Pipelines | Processing Plants | Washington County | West Virginia

MarkWest Inks Major New Deals with Chesapeake & Antero
May 4, 2012May 4, 2012

MarkWest announced today two major new agreements to provide expanded natural gas processing and pipeline capacity for Chesapeake Energy and Antero Resouces in the Marcellus Shale. The deal with Chesapeake covers Brooke, Ohio and Marshall counties in WV, and Washington County, PA. The deal with Antero covers Doddridge and Harrison counties in WV. The new agreements, which include processing natural gas liquids, mean MarkWest will build new gathering pipelines and add compressor stations to their existing operations.

From the MarkWest press release:

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Antero Resources | Energy Companies

Antero Resources 2011 Results for the Marcellus
March 22, 2012March 22, 2012

Antero Resources released 2011 operating and financial results yesterday. Below are portions from their statement that are relevant to the Marcellus Shale:

Read More “Antero Resources 2011 Results for the Marcellus”