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

Marcellus Shale Rig Count
(as of 04/11/2021)

  Count Change From
Previous Week
Change From
Previous Year
Gas Count 26 -2 -10

Top Marcellus Shale Operators By Rig Count/Locations
(as of 04/11/2021)

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 2 +1 +1
Subscribe to See 2 2 --- -3
Subscribe to See 2 3 -1 -2
Subscribe to See 2 2 --- +1
Subscribe to See 2 2 --- -1
Subscribe to See 2 1 +1 +1
Subscribe to See 2 2 --- -1
Subscribe to See 1 1 --- ---


Top Marcellus Shale County By Rig Count/Locations
(as of 04/11/2021)

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


 Marcellus Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EQT Corp    58
Cabot Oil & Gas Corp    45
Range Resources Corp    44
   41
   40
   27
   25
   23

   Drilling Permits Trends ( Last 24 Months)


  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 : April 11, 2021


Drilling Trends from May 4, 2011 - April 11, 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 ---
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $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
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
 

  Marcellus Shale Transactions By Quarter ($MM)