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  "documentTitle": "Antero Midstream Partners | Investor Conference Presentation Deck | 40 slides",
  "authorId": "antero-midstream-partners",
  "authorName": "Antero Resources",
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  "presentationDate": "2019-02-01 00:00:00",
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  "nDataPoints": 18,
  "notes": "The chart uses a dashed red line to represent the $2.67/MMBtu strip price, with bars below this line representing profitable drilling inventory.",
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      "kind": "callout",
      "text": "1,679 premium drilling locations: breakeven < $2.67/MMBtu (13+ year low breakeven drilling inventory)",
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      "kind": "chart",
      "text": "Breakeven prices by drilling location type",
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      "text": "Breakeven analysis based on same parameters as J.P. Morgan Equity Research calculation with the exception of the WTI oil price, Antero uses strip WTI. Antero drilling inventory as of 12/31/18. 1) Breakeven price is defined as half cycle pre-tax ROR of 25%. Assumes average strip WTI oil price of $53/Bbl. 2) Antero half cycle well economics assume 12,000' lateral lengths and 69% of AM fees paid to account for AR's midstream dividend stream from AM. 3) 2020-2023 average NYMEX Henry Hub price as of 01/31/19.",
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      "text": "The majority of Antero future drilling locations have a breakeven gas price (25% ROR threshold) below the 2020-2023 NYMEX gas strip ($2.67/MMBtu)",
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      "kind": "title",
      "text": "Antero Natural Gas Breakeven Prices",
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