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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Marcellus Shale Rig Count
(as of 03/03/2021)

  Count Change From
Previous Week
Change From
Previous Year
Gas Count 30 1 -8

Top Marcellus Shale Operators By Rig Count/Locations
(as of 03/03/2021)

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


Top Marcellus Shale County By Rig Count/Locations
(as of 03/03/2021)

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


 Marcellus Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EQT Corp    70
Range Resources Corp    64
Cabot Oil & Gas Corp    42
   41
   41
   29
   24
   24

   Drilling Permits Trends ( Last 24 Months)


Marcellus Shale - Drilling Permits ( February 01, 2021 - March 03, 2021)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
HG Energy II LLC
02-08-2021 Harrison Schoen 1205 S-9h Gas Horizontal Marcellus Shale Undrilled
Apex Energy Llc
02-04-2021 Westmoreland Mcilvaine Central Pad-15 6h Gas Horizontal Marcellus Undrilled
Encino Energy LLC
02-03-2021 Bradford Manahan 101h Gas Horizontal Marcellus Undrilled
02-03-2021 Bradford Manahan 2h Gas Horizontal Marcellus Undrilled
02-03-2021 Bradford Manahan 103h Gas Horizontal Marcellus Undrilled
02-03-2021 Bradford Manahan 104hc Gas Horizontal Marcellus Undrilled
02-03-2021 Mckean Src Wt 2726 291hu 52788 Gas Horizontal Marcellus Spudded
02-03-2021 Mckean Src Wt 2726 292hu 52789 Gas Horizontal Marcellus Spudded
02-03-2021 Mckean Src Wt 2726 293hu 52790 Gas Horizontal Marcellus Spudded
02-03-2021 Mckean Src Wt 2726 295hu 52792 Gas Horizontal Marcellus Spudded

  Marcellus Shale - Drilling Activity (2016 - 2021 YTD)


 Marcellus Shale - Well Completion Trend


Completions By
Company
2019(YTD)
Count
Southwestern Energy Co. 189
Antero Resources 173
Cabot Oil & Gas Corp 154
125
122
Completions By
County
2019(YTD)
Count
Susquehanna 215
Greene 136
Washington 130
108
107

 Marcellus Shale Map

 Marcellus Shale Rig Data : March 3, 2021


Drilling Trends from May 4, 2011 - March 3, 2021

 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)
East 300 Upgrade   - -
ATEX Pipeline Expansion   - -
Hopedale 5 Expansion   - -
Tri-State Corridor   - -
261 Upgrade Projects   - -
Southeastern Trail Expansion   - -
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 $175
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $130
10/27/2020 EQT Corp Chevron Corp EQT Acquires Chevron's Appalachia Assets For $735 Million $735
09/07/2020 Not Disclosed Sumitomo Corp Sumitomo Sells Stake in Marcellus Gas Project ---
09/04/2020 Rising Phoenix Royalties CNX Resources Rising Phoenix Acquires CNX-Operated Marcellus Royalty Package ---
08/12/2020 Southwestern Energy Co. Montage Resources Corp. Southwestern to Acquire Montage Resources in All-Stock Deal $857
08/11/2020 JP Morgan Securities Antero Resources Antero Resources Inks $220MM VPP Deal with JP Morgan $220
07/08/2020 Not Disclosed Harvest Oil & Gas Corp. Harvest Oil & Gas Selling Entire Appalachian Asset Portfolio $21
06/15/2020 Sixth Street Partners LLC Antero Resources Antero Sells ORR Interests to PE Firm in Deal Worth $402MM $402
05/14/2020 Diversified Gas & Oil EQT Corp Diversified Gas & Oil Acquires Appalachia Wells from EQT $125
 

  Marcellus Shale Transactions By Quarter ($MM)