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Antero Drills Longest Lateral Marcellus Well; Hits 1,497 MMcfe/d in 4Q
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Antero Resources announced its fourth quarter 2015 operations update.
Fourth Quarter 2015 Highlights include: Average net daily gas equivalent production was 1,497 MMcfe/d, an 18% increase over the prior year quarter and a 1% decrease sequentially Average net daily liquids production (C3+ NGLs, ethane and oil) was 54,757 Bbl/d, an 80% increase over the prior year quarter and a 5% increase sequentially Realized natural gas price after settled commodity derivatives averaged $4.40 per Mcf, a $2.13 positive differential to Nymex Realized C3+ NGL price after settled commodity derivatives averaged $21.65 per barrel (52% of WTI) Realized natural gas equivalent price including NGLs, oil and settled derivatives averaged $4.28 per Mcfe Completion of the third-party Stonewall gathering pipeline in…- ✓ Full news archive — U.S., Canada & international coverage
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