Antero Resources Investing Millions in 2 Separate Water Delivery - WBOY - Clarksburg, Morgantown: News, Sports, Weather

Antero Resources Investing Millions in 2 Separate Water Delivery Projects

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Antero Resources is investing millions of dollars in two separate water delivery projects in West Virginia and Ohio.

The company said it already has working systems in the Miletus and Good Hope area.

The $525 million pipeline project will help eliminate truck traffic on the roads and reduce road damage, said Antero Vice President Al Schopp.

Throughout 2013, $325 million will be spent in West Virginia. It's expected to run 158 miles long in West Virginia alone.

The water pipelines are expected to deliver a reliable year-round water supply and lessen water handling costs. Antero estimates that the systems will reduce well completion costs by up to $600,000 per well, and Schopp said he anticipates "that over 30 percent of our 2013 completed wells and up to 90 percent of our 2014 completed wells will utilize these new infrastructures."

"It is estimated that 1,850 water truckload trips per well completion will be eliminated from roadways," assuming a 7,000 foot horizontal well lateral, said Schopp.

Antero anticipates having the ability to offer water delivery services to neighboring oil and gas producers within and surrounding our operating area in an effort to further reduce water truck traffic, said Schopp.

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