Hedging, Declining Well Costs Help Antero Post Strong 2Q2016 Production

摘要

Boosted by strong hedging and firm transportation portfolios, combined with continued declines in well costs, Antero Resources Corp. maintained a 19% year/year increase in total production for 2Q2016 that included record liquids output. The Denver-based exploration and production (E&P) company, one of the largest Appalachian-focused operators, posted net production of 1,762 MMcfe/d for the second quarter, with 26% weighted to liquids, according to a quarterly operations update released Thursday. Total average net quarterly production was in line with the 1,758 MMcfe/d the E&P company reported in 1Q2016.