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Antero Resources
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Q1 2024 Earnings Call Presentation
| Paul Rudy | Page 3 of 11 |
May 07, 2024
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"Q1 2024 Earnings Call Presentation"
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Antero Resources (NYSE: AR) Drilling and Completion Efficiencies Significantly Reduces Cycle Time per Pad (1) Increased Completion Stages per Day… Note: Percentage increase or decrease arrows represent change from 2022 to 1Q 2024. Cycle time change represents 2019 to 2023. 1) Cycle time represents days from surface spud date to first production date. 2) Cycle time record excludes single “step out” wells or wells drilled and completed on pads with 5 wells or less. 8.0 10.7 11.3 2022 2023 2024 YTD Daily Record 2023 427 160 2019 2020 2021 2022 2023 Record Company Record 2023 Company Record (2) 16.0 Stages Days per 10,000 Lateral Feet Drilled 6.0 5.5 5.4 2022 2023 2024 YTD Daily Record 2023 4.2 Days Company Record 3 122 Days