Antero

An analysis of state data shows that just three operators accounted for more than 70% of Ohio’s unconventional oil and gas production in the second quarter.

Appalachian pure-play Antero Resources Corp. said it produced a record 1.5 Bcfe/d in the first quarter, adding the caveat that the growth would stall for most of the year on plans to defer the completion of 50 horizontal Marcellus Shale wells this quarter and next.

Appalachian pure-play Antero Resources Corp. said it produced a record 1.5 Bcfe/d in the first quarter, adding the caveat that the growth would stall for most of the year on plans to defer the completion of 50 horizontal Marcellus Shale wells this quarter and next.

Antero Resources Corp. plans to push ahead with more than a dozen drilling rigs in the Appalachian Basin this year, but while it plans to grow year-over-year production by 40% it will cut spending and delay the completion of about 50 wells until 2016.

Antero Resources Corp. reported surging natural gas production once again during the third quarter, with volumes reaching 1.08 Bcfe/d, up 21% from the second quarter and almost double from year-ago volumes (see Shale Daily, Aug. 8; Nov. 8, 2013).

Operations at Antero Resources Corp.’s Primm Pad in Doddridge County, WV, remain at a standstill after the company inadvertently breached a producing well while drilling another there two weeks ago.

Ethane from the Marcellus and Utica shales will feed a flexible steam cracker in Stenungsund, Sweden, under a 10-year agreement between producer Antero Resources and Austria-based Borealis, a provider of polyolefins, base chemicals and fertilizers.

Pure-play Antero Resources Corp. continues to churn out record natural gas production, surpassing 1 Bcfe/d in July, but its focus has increasingly shifted to building a processing and midstream portfolio to handle those volumes and generate more value.

Antero Resources Corp. said Friday it produced 891 MMcfe/d in the second quarter, a 94% year-over-year increase that set a company record and passed the milestone of 1 Bcfe/d of net production.