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Antero Touts Marcellus / Utica Lateral Records in Q4; Liquids Output Up 24% YOY
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Antero reported its Q4 and full year 2017 results.
Net daily gas equivalent production averaged a record 2,347 MMcfe/d (27% liquids), an 18% increase over the prior year period Liquids production averaged 107,433 Bbl/d, a 24% increase over the prior year period, and contributed 41% of total product revenues (before hedging) Highlights:Marcellus Shale
Drilled the longest Marcellus lateral in Company history at 14,376' Achieved 16 of the Company's top 20 drilling lateral footage days during the year Over 25% of wells drilled averaged greater than one mile per day of drilling for the entire lateral Achieved the fewest total days to drill an entire well at 8.4 days Record Marcellus lateral footage drilled for one day of 8,178'Ohio Utica Shale
Drilled the longest Utica lateral in…- ✓ Full news archive — U.S., Canada & international coverage
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