Well Lateral Length | Top Story | Forecast - Production | Capital Markets | Capital Expenditure | Drilling Program - Wells | Capital Expenditure - 2018
Marcellus / Utica Operator IDs $1.45B 2018 Budget; Drilling Plans
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Antero has detailed its 2018 capital plan.
Details:- 2018 Capex: $1.45 billion
$1.3 billion for drilling and completion - (80% Marcellus ($1.040B ) 20% Ohio Utica ($260MM)) $25 million for leasehold maintenance $125 million for discretionary leasehold expenditures.Antero's drilling and completion budget has remained essentially flat for three consecutive years.
- 2018 Guidance: Net daily production is expected to average ~2.7 Bcfe/d in 2018, a 20% increase over 2017 levels (eyes 23% liquids growth to 130,000 Bbl/d)
Drilling PlansComplete 145 wells:
- Marcellus
Highly Rich condensate: 14 Highly Rich Gas: 106 Rich Gas: 0- Ohio Utica:
Condensate: 19 Wet Gas: 3 Dry Gas: 3 Focused on Increasing Lateral Length Increasing 5-year planned average lateral lengths by 2,500 feet, or…- ✓ Full news archive — U.S., Canada & international coverage
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