Exploration & Production | Well Lateral Length | Rig Count | Top Story | General | IP Rates-30-Day | Initial Production Rates | Forecast - Production | Capital Markets | Capital Expenditure | Private Equity Activity | Drilling Contractor
Antero Gives Big Boost to 2014 Guidance, CapEx
Print
|
Antero Resources Corporation has announced an update to its 2014 guidance, 2015 and 2016 production targets and capital budget.
Guidance UpdateDriven by the successful execution of Antero's development program to date, along with its positive operating outlook for the remainder of the year, the Company is raising 2014 net production guidance to an average of 990 – 1,010 MMcfe/d, which is a 5% increase from the midpoint of previously announced guidance. Antero estimates that second half 2014 net production will average 1,160 MMcfe/d, an increase of 100 MMcfe/d or 9% from the midpoint of previously estimated second half 2014 production. Additionally, the average production target for 2015 has been increased to 1.5 Bcfe/d from a previous 1.4 Bcfe/d and the 2016 target has been increased…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations