Antero cuts costs, boosts production in third quarter
Monday, November 11, 2019
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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