Antero's Production constrained until completion of E2 compression stations.

E2/Crosstex is building three compression/condensate stabilization facilities for Antero to process their gas, and they're behind schedule.  The first picture is the Reusser Station, the second is the Hill Station and the third is the Batesville Station.   The Hill looks like it is about 80% complete, the Reusser maybe 20% and the Batesville only has a temporary access road across a creek.    Antero's Q3 results from ODNR showed them producing at ~40% of the IP's for their wells, so maybe things will improve after these are finished.  Gulfport is producing at ~60%, Hess at ~50%, Rex at ~54%...so Antero is going "slow" compared to its peers in the area.   Read the fine print on page 17 of the Antero January '14 Company Presentation where they mention this.

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Permalink Reply by The Hiker on January 12, 2014 at 12:40pm
Permalink Reply by searcherone on January 12, 2014 at 4:41pm

Antero always has great charts and maps that cover WV and southern OH that contain info related to the play even if you are not leased to Antero.   

Great pics, Hiker.    

Permalink Reply by bo boboski on January 12, 2014 at 11:42pm

Anteros wells are all gonna be good producers;Except for the Sanford. For some reason,that lateral was drilled almost straight up north to south. It"s the only one I"ve seen on ODNR;s map that isn;t going nnw or sse. Don't know if it was an experiment or done just to hold by production some big parcels to the south? Maybe both. There's a big farm to the ssw that they got to hold by including 1/3 of an acre of it. I figure when they drill more laterals on that pad,they will go sse,or nnw and see much better results.

Permalink Reply by bo boboski on January 19, 2014 at 8:01am

The "HILL" station now in operation. whooopi for Antero!

Permalink Reply by The Hiker on January 19, 2014 at 12:17pm

Great news bo; how do you know for sure?   Fans running....engines making noise...stuff coming out of stacks...funny smell in the air?  Corporate announcement?

Whoopie for Antero!

Permalink Reply by bo boboski on January 19, 2014 at 12:34pm

From a guy who is working there.

Permalink Reply by bo boboski on January 19, 2014 at 11:10pm

about 3 mile south of Senecaville on Rt 285

Permalink Reply by The Hiker on January 21, 2014 at 1:28pm

I spoke with one of the workers at the Reusser site today and he said they were scheduled to build 7 more compressors like the Reusser.....separated by 5 miles each throughout Antero's area.  Take it for what it's worth...

Permalink Reply by Dirty Money on January 21, 2014 at 1:46pm

Consol has compressor station in the works on state route 146 west of summerfield that butts up to markwest plant I think they are going to push gas down to new plant by Berne station also

Permalink Reply by Ralph cramdon on January 21, 2014 at 2:08pm

Both XTEX and Antero are controlled by Yorktown Energy Partners . Yorktown just might be the 'smartest' in the energy business.

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