Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Marcellus Shale Rig Count
(as of 03/23/2023)

  Count Change From
Previous Week
Change From
Previous Year
Gas Count 41 4 10

Top Marcellus Shale Operators By Rig Count/Locations
(as of 03/23/2023)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 4 4 --- +1
Chesapeake Energy Corp 4 4 --- +4
Subscribe to See 4 4 --- +2
Subscribe to See 3 3 --- +1
Subscribe to See 3 3 --- ---
Subscribe to See 2 2 --- +1
Subscribe to See 2 2 --- ---
Subscribe to See 2 2 --- -1
Subscribe to See 2 1 +1 +1
Subscribe to See 2 1 +1 +1


Top Marcellus Shale County By Rig Count/Locations
(as of 03/23/2023)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 5 5 --- +3
SUSQUEHANNA 5 5 --- +1
Subscribe to See 5 4 +1 +2
Subscribe to See 4 4 --- +3
Subscribe to See 3 3 --- +2


 Marcellus Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Antero Resources    68
Encino Energy LLC    34
Coterra Energy    34
   33
   31
   24
   20
   18

   Drilling Permits Trends ( Last 24 Months)


Marcellus Shale - Drilling Permits ( February 21, 2023 - March 23, 2023)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Southwestern Energy Co.
03-02-2023 Marshall Sonia R Msh 3h Unknown Horizontal Undrilled
03-02-2023 Marshall Sonia R Msh 605h Unknown Horizontal Undrilled
HG Energy II LLC
03-02-2023 Harrison Scranage 1204 N-1h Unknown Horizontal Undrilled
03-02-2023 Lewis Winans 1216 N-5h Unknown Horizontal Undrilled
Antero Resources
03-02-2023 Doddridge Crimson Unit 5v Unknown Horizontal Undrilled
02-22-2023 Doddridge Wagner B Unit 5v Unknown Horizontal Undrilled

  Marcellus Shale - Drilling Activity (2016 - 2023 YTD)


 Marcellus Shale - Well Completion Trend


 Marcellus Shale Map

 Marcellus Shale Rig Data : March 23, 2023


Drilling Trends from May 4, 2011 - March 23, 2023

 Marcellus Shale Overview



What is the Marcellus Shale?

The massive Marcellus shale is arguably the star of the Appalachian Basin plays. It is the largest and one of the deepest natural gas play in the United States, located directly under the Mahantongo and Tully Limestone formations. It also overlaps its neighboring shale to the north, the Utica. Due to its immense natural gas holdings, the area has seen a large influx of operators looking to tap into the reserves. Of all the shale plays, the Marcellus shale


Latest Midstream Projects

Project Name Completion date Capacity (MBOPD)
Gulf Run Pipeline   - -
East 300 Upgrade   - -
ATEX Pipeline Expansion   - -
Hopedale 5 Expansion   - -
Tri-State Corridor   - -
261 Upgrade Projects   - -
Total   -
  Click Here to More Projects

  Marcellus Shale - Mergers & Acquisition

Announce Date Buyer Seller Title Value $MM
Subscribe to See Subscribe to See Subscribe to See Subscribe to See ---
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $5,200
09/06/2022 Sitio Royalties Corp. Brigham Minerals Inc. Sitio Royalties, Brigham to Merge in All-Stock Deal Worth $4.8 Billion $4,800
01/25/2022 Chesapeake Energy Corp Tug Hill Operating,Chief E&D Holdings Chesapeake Acquires Marcellus-Focused Chief E&D Holdings for $2.6B $2,600
01/05/2022 Repsol S.A. Rockdale Repsol Ups Ante in the Marcellus; Inks $222MM Deal for Rockdale Assets $222
05/06/2021 EQT Corp Alta Resources Development, LLC EQT Acquires Assets From Alta Resources For $2.9 Billion $2,925
03/23/2021 LOLA Energy Undisclosed LOLA Energy Buys Marcellus-Focused E&P with 22,000 Net Acres ---
02/03/2021 Northern Oil and Gas, Inc. Reliance Industries Limited Northern Oil Inks $126MM Deal for Appalachia Assets $126
11/06/2020 Not Disclosed EOG Resources, Inc. EOG Exits the Marcellus; Sells Asset for $130 Million; Map Inside $130
10/27/2020 EQT Corp Chevron Corp EQT Acquires Chevron's Appalachia Assets For $735 Million $735
 

  Marcellus Shale Transactions By Quarter ($MM)