Thursday, April 30, 2026

Antero to Increase Capex 7%, Expand Utica in 2017

$1.5 Billion Planned for Drilling, Completions, Extensions, Additions: 7 Rigs, 170 Horizontal Completions Antero Resources Corporation (ticker: AR) announced its planned 2017 capital budget to $1.5 billion in a recent press release, which is a 7% increase over 2016. $1.3 billion will be allocated to drilling and completions and the company plans to operate seven drilling rigs in the Marcellus

U.S. Petroleum Production and Exports Will Rise through 2040: EIA

U.S. Product Demand Will Remain Below 200 Levels But Crude Production Will Rebound In its recently released Annual Energy Outlook 2017, the EIA outlines U.S. petroleum demand and production  prospects through 2040. To deal with the always tricky business of oil and gas forecasting, EIA takes a scenario analysis approach, examining outcomes under six potential scenarios. These include a Reference

AltaGas Announces Positive FID on Ridley Island, Canada’s First Opportunity to Ship its Propane Directly to Asia

Canadian advantage:  Ridley Island’s planned 1.2 MMTPA capacity will allow Western Canada’s producers to sell propane to Asia from B.C. with transit time of 10 days vs. 25 days from U.S. Gulf coast AltaGas Ltd. (ticker: ALA) announced a positive Final Investment Decision (FID) this week on its Ridley Island Propane Export Terminal, having received approval from federal regulators, the company