has increasedits quarterly distribution to 23.5 cents per unit for the first quarter, equatingto 94 cents per unit annualized.
The new distributionis 31% higher than in the first quarter of 2015 and a 7% increase over the fourth-quarter2015 distribution. It will be paid May 25 to unit holders of record May 11.
Antero Midstreamalso provided an operational update for the first quarter, reporting low-pressuregathering volumes of 1,303 MMcf/d, an increase of 39% compared to the first quarterof 2015. High-pressure gathering volumes rose 8% year over year. The increase wasattributed to production growth from E&P affiliate Antero Resources Corp. on the partnership's dedicated acreage.
Compressionvolumes rose by 69% compared to the prior-year first quarter, to 606 MMcf/d, asthe partnership's first Ohio Utica Shale compressor station surpassed 90% utilization.
Condensate gatheringvolumes averaged 2,965 barrels per day in the first quarter, increasing 23% yearover year.