Monday, August 17, 2026

Antero Resources’ Reserves Climb 16% to 15.4 Tcfe

87% of the Antero reserves are Marcellus shale gas, 13% Utica Antero Resources (ticker: AR) announced reserves estimates Feb. 1, showing an increase of 16% over the year. Proved reserves increased to 15.4 Tcfe at year end 2016, up from 13.2 Tcfe, representing growth of 16%. These reserves are comprised of 61% natural gas, 37% NGLs and 2% oil. 87%

PDC Energy Tallies 25% Reserves Growth, 44% Production Growth in 2016

PDC Energy year-end proved reserves reach 341.4 MMBOE, $1.7 Billion PV-10, up 25% from 2015 Denver-based PDC Energy (ticker: PDCE) released an update on the company’s year-end production estimates and reserves. The press release put out by the company Wednesday said the company’s proved reserves at the end of 2016 increased 25% year-over-year, while production increased 44% during the same