By OGJ editors
HOUSTON, Mar. 31 – Antero Resources LLC, Denver, estimated that 9% of its 2010 yearend Oklahoma Arkoma basin Woodford shale proved reserves are natural gas liquids.
The company holds 71,000 net acres in the Arkoma Woodford shale play, where it is operating a single drilling rig.
Antero has 60 MMcfd of gross operated production from 124 wells online and an estimated 30 MMcfd of net nonoperated production. Five nonoperated wells are drilling with a combined 75% working interest. One horizontal well awaits completion.