Ascent Resources is one of the largest privately held exploration and production companies in the United States, focusing on acquiring, developing, and operating natural gas and oil properties in the Utica Shale region of southern Ohio.
Ascent Resources reported strong Q2 2024 results, with a 5% increase in net production and a significant 60% rise in liquids production compared to the prior year.
Key highlights of the report include Ascent’s continued commitment to environmental stewardship, social responsibility, and robust governance practices. The company has made significant strides in emissions management, water conservation, land use, and community engagement. Ascent’s efforts are underpinned by a strong governance structure, a dedicated and talented workforce, and a relentless pursuit of operational excellence.
Ascent Resources Utica Holdings, LLC reported a strong first quarter in 2024, with net production averaging 2.2 billion cubic feet equivalent per day and liquids production up 38% year-over-year.
