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Commitments

9 Months Ended

Sep. 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 September 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		$	303,547			7,970			129,469			31,139			3,274			475,399
2026			1,202,893			31,882			497,632			106,605			14,071			1,853,083
2027			1,197,338			30,593			407,224			80,702			5,882			1,721,739
2028			1,135,584			29,261			347,604			59,304			2,578			1,574,331
2029			783,964			28,752			280,889			41,460			68			1,135,133
Thereafter			3,681,817			79,376			600,211			57,574			—			4,418,978
Total		$	8,305,143			207,834			2,263,029			376,784			25,873			11,178,663

(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 unaudited condensed consolidated statements of operations and comprehensive income (loss). There are no remaining payment obligations related to any delayed or cancelled contracts as of September 30, 2025.