Our Story

History of Consistent Results and Delivering Shareholder Value

Antero Midstream has been supporting natural gas and natural liquids production in the Appalachian Basin since 2012. We have consistently delivered attractive returns on our invested capital, as a result of our organic growth strategy.

Our History

1998

Paul Rady and Glen Warren co-found Pennaco Energy (AMEX: PN) and build it into a highly successful Powder River Basin coal bed methane produce.

2001

Rady and Warren sell Pennaco to Marathon Oil

2002

Antero Resources is formed to pursue unconventional resource opportunities

2005

Antero Resources builds Barnett Shale business (private) into the 2nd largest producer in the play and sells to XTO Energy

2008

Antero Resources acquire 115,000 acres in the Marcellus Shale in the Appalachian Basin from Dominion Energy

2009

Antero Resources successfully drills its first operated Marcellus wells

2012

Antero forms "Antero Midstream Partners" to drive midstream infrastructure buildout

2012

Antero Resources sells the Arkoma Basin and Piceance Basin assets to redeploy capital to higher-return Marcellus and Utica shales

2013

IPO $1.8B - Antero Resources successfully completes the largest independent E&P IPO to-date

2014

IPO $1.15B - Antero Midstream Partners completes a $1.15 billion IPO, the lowest-yielding and largest MLP IPO to date.

2017

Antero Midstream Partners forms a 50/50 processing & fractionation joint venture with MLPX with $800 million of new project inventory

2017

Antero Midstream GP successfully completes $875MM IPO

2018

Antero Resources surpasses 3 Bcfe/d of production and becomes the largest NGL producer in the U.S.

2019

Antero Midstream and AMGP announce closing of Midstream Simplification Transaction