Playbooks Supplements

Unconventional Yearbook 2018

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8 | January 2018 | 2018 UNCONVENTIONAL YEARBOOK | KEY PLAYERS upstream capital investments of $314 million and production of 63 Mboe/d with oil volume averaging 37 Mbbl/d in the Delaware Basin that quarter, accord- ing to its third-quarter 2017 operations report. In addition, "Anadarko is building long-term value in the Delaware Basin through its material infrastructure buildout and operatorship capture program," the report stated. "During the third quarter, the company completed land trades with various basin operators for more than 5,000 acres, which has added about 13 sections worth of extend- ed-lateral opportunities." In the Denver-Julesburg (D-J) Basin, Anadarko holds about 400,000 net acres in the basin's devel- opment area and estimates it holds more than 2 Bboe of recoverable resources on its acreage, the company said on its website. Anadarko averaged six operated rigs drilling at the end of the third quarter and reported capital investments of $269 million and production of 232 Mboe/d in the D-J Basin during the same period, according to the report. Additionally, Anadarko is the largest natural gas producer in Utah with primary operations in the Greater Natural Buttes area of the Uinta Basin, according to the company's website. Antero Resources ■ Formed in 2002 ■ 485,000 net acres in the Marcellus Shale Antero Resources is an independent E&P company engaged in the exploitation, development and acquisition of natural gas, NGL and oil properties located in the Appalachia Basin. The Denver-based company holds more than 485,000 net acres in the southwestern core of the Marcellus Shale and more than 151,000 net acres of leasehold in the Utica Shale, according to Antero's website. In June 2017 Antero acquired 10,300 net acres in the Marcellus primarily located in Dod- dridge and Wetzel counties in West Virginia for about $130 million, a company report stated. The acquisition included about 17 MMcfe/d of net equivalent production, 15 drilled but uncompleted wells with an average lateral length of 8,200 ft and one undeveloped drilling pad. In the Marcellus Shale Antero is operating four drilling rigs in West Virginia. The com- pany's production in the Marcellus averaged 1,813 MMcfe/d in second-quarter 2017, according to the company's website. The net production fi g- ure includes about 88,490 bbl/d of NGL and oil. According to the company, Antero has drilled and completed 571 horizontal Marcellus Shale wells, all of which were online as of Oct. 13, 2017. Of the 54 wells Antero completed in the Mar- cellus from January to August 2017, 46 (85%) have used greater than 1,750 lb of proppant per foot and have generated aggregate production in excess of the company's 2 Bcf per 1,000-ft type curve target through 180 days, according to the company's sec- ond-quarter 2017 report. Antero also is constructing its own gathering facilities in Doddridge, Tyler and Ritchie counties in West Virginia to connect its wells to compression facilities and processing, according to the compa- ny's website. Antero is processing more than 1.4 Bcf/d of rich gas production from the Marcellus Shale through MarkWest's Sherwood complex. Markwest is constructing an eighth and ninth 200-MMcf/d plant, Sherwood 8 and 9, which were scheduled to be placed into service in third-quarter 2017 and fi rst-quarter 2018, respectively. In the Utica Shale Antero has drilled and completed 155 horizontal Utica Shale wells in its core area, all of which were online as of Oct. 13. The company is operating two drilling rigs in the Utica Shale and reported production averag- ing 387 MMcfe/d in second-quarter 2017. The net production fi gure includes about 14,280 bbl/d of NGL and oil, according to the company's website. Apache Corp. ■ Signifi cant Alpine High discovery in Delaware Basin ■ Second-quarter 2017 Permian production averaged 146 Mboe/d In the U.S. Apache has operations in the Permian Basin and Midcontinent region. The company's Permian Basin acreage totals more than 3.1 million gross acres with exposure

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