Antero Resources has reported an update on its Q2 2013 Utica Shale operations.
Antero is currently operating three drilling rigs, including one intermediate rig, in the rich gas/condensate window of the core of the Utica Shale play in southern Ohio. The Company plans to add a fourth drilling rig in the third quarter of 2013 and a fifth rig in the fourth quarter of 2013.
Initial production from all but one of Antero's eleven completed horizontal Utica wells has been delayed for several months pending the completion of third-party high pressure gathering infrastructure.