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Commitments
6 Months Ended
Jun. 30, 2025
Commitments  
Commitments

(13) Commitments

The following table sets forth a schedule of future minimum payments for the Company’s contractual obligations, which include leases that have a lease term in excess of one year as of June 30, 2025 (in thousands):

Processing,

Gathering,

Firm

Compression

Operating and

Imputed Interest

Transportation

and Water Service

Financing Leases

for Leases

Other

   

(a)

   

(b)

   

(c)

   

(c)

   

(d)

   

Total

 

Remainder of 2025

$

606,277

26,625

259,821

64,111

6,158

962,992

2026

1,201,515

26,872

497,534

106,592

4,043

1,836,556

2027

1,195,960

25,583

407,118

80,685

443

1,709,789

2028

1,134,203

24,251

347,498

59,286

68

1,565,306

2029

783,964

23,741

280,827

41,449

68

1,130,049

Thereafter

3,681,817

65,651

600,212

57,574

4,405,254

Total

$

8,603,736

192,723

2,393,010

409,697

10,780

11,609,946

(a)Firm Transportation

The Company has entered into firm transportation agreements with various pipelines in order to facilitate the delivery of its production to market. These contracts commit the Company to transport minimum daily natural gas or NGLs volumes at negotiated rates or pay for any deficiencies at specified reservation fee rates. The amounts in this table are based on the Company’s minimum daily volumes at the reservation fee rate. The values in the table represent the gross amounts that the Company is committed to pay; however, the Company will record in the unaudited condensed consolidated financial statements its proportionate share of costs based on its working interest.

(b)Processing, Gathering, Compression and Water Service Commitments

The Company has entered into various long-term gas processing, gathering, compression and water service agreements. Certain of these agreements were determined to be leases. The minimum payment obligations under the agreements that are not leases are presented in this column.

The values in the table represent the gross amounts that the Company is committed to pay; however, the Company will record in the unaudited condensed consolidated financial statements its proportionate share of costs based on its working interest.

(c)Operating and Finance Leases, including Imputed Interest

The Company has obligations under contracts for services provided by drilling rigs and completion fleets, processing, gathering, and compression services agreements, and office and equipment leases. The values in the table represent the gross

amounts that Antero Resources is committed to pay; however, the Company will record in its financial statements its proportionate share of costs based on its working interests. See Note 12—Leases to the unaudited condensed consolidated financial statements for additional information.

(d)

Other

The Company has entered into various land acquisition and sand supply agreements. Certain of these agreements contain minimum payment obligations over various terms. The values in the table represent the minimum payments due under these arrangements. None of these agreements were determined to be leases.

(e)

Contract Terminations

The Company incurs costs associated with the delay or cancellation of certain contracts with third-parties. These costs are recorded in contract termination, loss contingency and settlements in the statements of operations and comprehensive income (loss). There are no remaining payment obligations related to any delayed or cancelled contracts as of June 30, 2025.