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The Marcellus in 2015: Budgets & Hedges
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Part II of our "Budgets & Hedges" feature series is focused on the Marcellus Shale play. Eight companies' 2015 budgets and hedge positions (if available) are detailed.
In case you missed it, access Part I, The Eagle Ford in 2015: Budgets & Hedges, here.
Quick Summary:(Note: "2015 Budget" refers to Marcellus allocation only)
Range ResourcesRange Resources plans to spend $827 million on Marcellus operations in 2015. In 2014, the company spent $1.320 billion on developing the play.
No well or rig information has been released. Range's hedge position is detailed below.
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Antero ResourcesAntero plans to spend $960 million on Marcellus operations in 2015, down from $1.2 billion in 2014.
The company plans to complete 80 wells with nine rigs running.
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