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Antero cuts costs, boosts production in third quarter

Monday, November 11, 2019 by

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Antero Resources saw a 24% increase in production during the third quarter over the same period a year earlier, despite capital spending cutbacks, according to Kallanish Energy.

Antero’s net daily natural gas-equivalent production averaged 3.37 billion cubic feet equivalent per day in the third quarter. Its production was composed of 32% liquids.

The company’s drilling and completion capital spending in the quarter totaled $290 million — the lowest quarterly spending since its 2013 IPO.

Learn more: Kallanish Energy > Antero boosts Q3 production while cutting costs

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