Capital Markets | Capital Expenditure | Capital Expenditure - 2017
Antero Midstream to Boost Spending 20% in 2017; $525 Million
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Antero Midstream announced its 2017 capital budget and guidance and provided a long-term outlook through 2020.
Highlights Include: Capital budget for 2017 is $525 million, including $460 million in expansion capital and $65 million in maintenance capital (this is a 20% increase YOY) 2017 Capital BudgetDuring 2017, Antero Midstream plans to expand its existing Marcellus and Ohio Utica Shale gathering, compression, fresh water and advanced wastewater treatment infrastructure to accommodate Antero Resources' development plans.
The Partnership has budgeted an investment of $460 million and $65 million in expansion and maintenance capital, respectively, resulting in a total Antero Midstream capital budget of $525 million in 2017. This capital budget includes $350 million of capital for…
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