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Antero Sets Records in the Marcellus; 14,024-Foot Lateral
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Antero Resources provided its first quarter 2016 operations update.
Highlights Include: Recently set a Company record for most lateral feet drilled by a rig in a 24 hour period at 5,291 feet in the Marcellus Recently drilled and cased the longest lateral in Company history at 14,024 feet in the Marcellus Average net daily gas equivalent production was a record 1,758 MMcfe/d (23% liquids), an 18% increase over the prior year quarter and a 17% increase sequentially Average net daily liquids production was a record 68,516 Bbl/d, a 71% increase over the prior year quarter and a 25% increase sequentially Realized natural gas price before hedging averaged $2.08 per Mcf, a $0.01 differential to Nymex Realized natural gas price after hedging averaged $4.54 per Mcf, a $2.45 premium to…- ✓ Full news archive — U.S., Canada & international coverage
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