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Antero Midstream Announces 2015 Capex

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Antero Midstream Announces 2015 Capex

Antero Midstream Partners LP has released its year-end 2014 financial and operating results.

2015 Capital Budget and Guidance

On January 20, 2015, Antero Midstream announced a 2015 capital budget of $425 million to $450 million, which includes the construction or expansion of:

44 miles of low pressure gathering lines, 20 miles of high pressure gathering lines, and five compressor stations that will add 545 MMcf/d of additional compression capacity in 2015.

At year-end 2015, Antero Midstream expects to have 180 miles of low pressure gathering lines, 117 miles of high pressure gathering lines, and 920 MMcf/d of compression capacity in service.

2014 Capital Spending

Capital expenditures were $554 million in 2014 as compared to $389 million in 2013. The increase is primarily driven by the…

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