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December 3, 2021updated 27 Apr 2022 12:35pm

Utica Shale (Antero Resources Corporation) OH Unconventional Gas Field, US

By Carmen

Utica Shale (Antero Resources Corporation) OH is a producing unconventional gas field located onshore the US and is operated by Antero Resources.

Field participation details

The field is owned by Antero Resources.


Production from Utica Shale (Antero Resources Corporation) OH

The Utica Shale (Antero Resources Corporation) OH unconventional gas field recovered 39.82% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 1.93 thousand bpd of crude oil and condensate, 419 Mmcfd of natural gas and 25.47 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2046.


Remaining recoverable reserves

The field is expected to recover 297.35 Mmboe, comprised of 16.22 Mmbbl of crude oil & condensate, 1,378.59 bcf of natural gas reserves and 51.37 Mmbbl of natural gas liquid reserves. Utica Shale (Antero Resources Corporation) OH unconventional gas field reserves accounts 0.25% of total remaining reserves of producing unconventional gas fields globally.


About Antero Resources

Antero Resources Corp (Antero) is an independent oil and natural gas company. It explores, develops, produces and sells natural gas and oil from the Appalachian Basin. The company gathers and processes wellhead natural gas and produces natural gas liquids (NGLs). It also purchases and sells third-party natural gas and NGLs, and offers transportation capacity through long-term firm agreements with pipelines in the Gulf Coast, Midwest, Eastern Regional, and Mid-Atlantic markets. The company operates movable surface pipelines, permanent buried pipelines, fresh water storage facilitates and pumping stations to source water and assist in well completion operations in the Marcellus and Utica Shales. Antero is headquartered in Denver, Colorado, the US.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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