AR Profile
Antero Resources Corporation, headquartered in Denver, Colorado, is an independent company focused on the exploration, development, production, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties across the United States. Established in 2002 and formerly known as Antero Resources Appalachian Corporation, the company underwent a name change to Antero Resources Corporation in June 2013 to better reflect its expanded operations and strategic focus.
Operating primarily in the prolific Appalachian Basin, Antero Resources holds approximately 504,000 net acres as of December 31, 2022, bolstering its extensive portfolio of natural gas and oil assets. Additionally, the company maintains a significant presence in the Upper Devonian Shale with 174,000 net acres under its management. This substantial acreage positions Antero Resources as a key player in one of the most prominent natural gas regions in the United States.
Antero Resources operates through three distinct segments: Exploration, Development, and Production of Natural Gas, NGLs, and Oil; Marketing and Utilization of Excess Firm Transportation Capacity; and Midstream Services facilitated by its equity investment in Antero Midstream. The company's integrated approach enables it to efficiently manage its assets, optimize production, and leverage midstream capabilities to enhance operational efficiency and profitability.
In addition to its exploration and production activities, Antero Resources owns and operates a robust network of infrastructure, including 620 miles of gas gathering pipelines and 34 compressor stations in the Appalachian Basin. This infrastructure supports the company's operations by facilitating the gathering, transportation, and processing of natural gas and NGLs, further solidifying its position as a leader in the American energy sector.
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