Antero

FERC staff on Friday released a favorable environmental assessment (EA) of Tennessee Gas Pipeline LLC’s (TGP) proposed Broad Run Expansion project, which would move Marcellus Shale natural gas from West Virginia to delivery points along the Gulf Coast.

FERC staff on Friday released a favorable environmental assessment (EA) of Tennessee Gas Pipeline LLC’s (TGP) proposed Broad Run Expansion project, which would move Marcellus Shale natural gas from West Virginia to delivery points along the Gulf Coast.

Appalachian pure-play operator Antero Resources Corp. rode a strong hedge book and solid firm transportation (FT) portfolio to buck last year’s trend of losing money and revenue, reporting a profit for both the fourth quarter and full year.

While it plans to cut its budget and reduce its rig count this year, Appalachian pure-play operator Antero Resources Corp. still has plans for a robust 2016, calling for $1.4 billion in capital expenditures to complete 110 horizontal shale wells in the Marcellus and Utica shales.

Antero Midstream Partners LP last week filed a permit application with the West Virginia Department of Environmental Protection to construct a landfill near its proposed 60,000 barrel/day wastewater treatment complex in Doddridge County.

Antero Resources increased its proved reserves 4% in 2015, including 2.9 Tcfe through the drill bit and 1.1 Tcfe of ethane reserves added after its first de-ethanizer was placed online last month at the MarkWest Sherwood facility in Doddridge County, WV, the company said Wednesday.

Antero Resources Corp. completed its first West Virginia Utica Shale well in 4Q2015 to “encouraging” results, while the completion of M3 Midstream LLC’s Stonewall Gathering System during the quarter helped bolster returns for the Appalachian producer, the company told investors this week.

FERC has ordered Columbia Pipeline Group to remove a series of contract provisions negotiated with Antero Resources that gave certain advantages to the Marcellus/Utica exploration and production (E&P) company as the only anchor shipper on the Smithfield III expansion.

Despite record third quarter production, Antero Resources Corp. continued to search for insulation against persistently low commodity prices, adding more hedges, cutting costs and inking another deal to send liquified natural gas (LNG) overseas.