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ES - Antero driving well costs down, plans further savings in 2020 - August 20, 2019
Antero driving well costs down, plans further savings in 2020 With no shortage of natural gas on the market and a bearish outlook, Antero Resources set goals this year to reduce Marcellus well costs and lease operating expenses to improve capital efficiency and boost free cash flow. The company is on track to meet its 2019 goal of $970/ft for 12,000-ft laterals. Antero expects H2 wells costs of $930/ft. Costs have come down through......
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