uploads/2017/05/water-utlilization-1.png

Antero Midstream Benefits from Sponsor’s Advanced Well Completions

By

Updated

Antero Midstream’s water business

Antero Resources’ (AR) advanced well completion requires more water than normal completion. Advanced well completions require 38 to 45 barrels of water per lateral foot—19% to 41% more than historical levels. This increase is driving Antero Midstream Partners’ (AM) throughput volumes in the water business.

The partnership expects to spend 9% of its 2017 capital budget on fresh water delivery projects and 13% on advanced wastewater treatment. The partnership is building the world’s largest advanced wastewater treatment complex for oil and gas–produced water.

Article continues below advertisement
Advertisement

More From Market Realist