Paul Rady

Co-Founder, President, Chairman & Chief Executive Officer, ANTERO RESOURCES CORP

Search every verified Paul Rady interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Paul Rady, co-founder, president, chairman, and CEO of Antero Resources, spoke during the company's fourth quarter 2020 earnings call on February ​18, ​2021. He discussed the company's drilling partnership, stating that it allows Antero to fill unutilized premium firm transportation and reduce net marketing expenses by approximately $260 million over the next five years. He noted that this benefit would begin to take effect in ​2022 as incremental wells drilled under the partnership's ​2021 tranche are put to sales, and that the incremental production would also capture $75 million of additional midstream fee incentives, with an estimated $50 million of drilling carry. Rady also described Antero's undeveloped premium drilling inventory, saying the company had identified approximately ​5,200 premium undeveloped locations in the southwest Marcellus, of which Antero holds ​1,650, or ​36% of the total. In the Ohio Utica, he estimated roughly ​1,100 premium undeveloped locations, with Antero holding ​210, or ​19% of the total, plus ​1,600 tier ​2 locations remaining. During the call, he also addressed spot market sales, indicating that Antero had approximately ​450–500 million cubic feet per day available to sell into spot markets, depending on pipeline capacity and regional routing.