Operations

The Integrated Midstream Provider in Appalachia

Antero Midstream owns and operates an integrated system of gathering pipelines, compressor stations, and processing and fractionation plants in West Virginia. In addition, we own and operate independent water handling systems that support completion activities. Our assets primarily serve Antero Resources (NYSE: AR), the fourth-largest NGL producer in the U.S. Our integrated planning with Antero Resources allows us to maintain high asset utilization rates, appropriately sizing our infrastructure to match growing production, and supports consistent and repeatable development.

Antero Midstream Areas of Operation

Antero Midstream is the critical first link to LNG supply that provides clean energy for the world’s most vulnerable people

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Energy for the Global Market

Providing Clean Energy for the World's Most Vulnerable People

Antero Midstream is the critical first link in connecting Antero Resources’ natural gas and natural gas liquids (NGLs), through its gathering and processing operations, to consumer markets. As one of the largest natural gas and NGL producers in the United States, Antero Resources is supplying a portion of the energy needed to improve the health, safety, and livelihood for people living in energy poverty.

100

LNG cargoes

In 2025, Antero Resources was responsible for the equivalent of 100 cargoes of LNG being sent to international markets.

32%

Approximately 32% of LPG volumes that were exported went to developing countries.

44

LPG cargoes

In 2025, 24 million barrels of Antero Resources' LPG volumes were shipped to international markets.

Antero Resources' 2025 LNG and LPG Cargo Destinations

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Critical First Link to LNG Supply: Gathering and Processing

Our network of low- and high-pressure gathering pipelines and compressor stations deliver gas to be processed at our 50/50 joint venture processing complex, the Sherwood and Smithburg processing complex. This complex, located in Doddridge County, WV, is the largest natural gas processing complex in North America.

Gathering and Processing Asset Highlights

As of December 31, 2025

731

Miles of gathering pipeline

4.8

Bcf/d compression capacity

The Largest Fresh Water Delivery System in Appalachia

We own and operate fresh water pipeline and storage facilities to support Antero Resources’ completion activity in the Marcellus Shales. Our water handling assets transport and recycle well flowback and produced water in an integrated closed-loop system, significantly reducing the number of trucks traversing local roads.

Water Handling

423

Miles of fresh water pipeline

5.5 MM

Barrels of water storage

100K

Bbl/d of wastewater recycling and reuse capacity