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

Marcellus Shale Rig Count
(as of 10/30/2020)

  Count Change From
Previous Week
Change From
Previous Year
Gas Count 25 1 -9

Top Marcellus Shale Operators By Rig Count/Locations
(as of 10/30/2020)

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


Top Marcellus Shale County By Rig Count/Locations
(as of 10/30/2020)

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


 Marcellus Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EQT Corp    74
Southwestern Energy Co.    66
Range Resources Corp    63
   59
   41
   36
   33
   27

   Drilling Permits Trends ( Last 24 Months)


Marcellus Shale - Drilling Permits ( September 30, 2020 - October 30, 2020)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Chief Oil & Gas Llc
10-14-2020 Bradford Sgl-12 O Unit 1h Gas Horizontal Marcellus Undrilled
10-14-2020 Bradford Sgl-12 O Unit 2h Gas Horizontal Marcellus Undrilled
10-14-2020 Bradford Sgl-12 O Unit 4h Gas Horizontal Marcellus Undrilled
10-14-2020 Bradford Sgl-12 O Unit 3h Gas Horizontal Marcellus Undrilled
10-14-2020 Bradford Sgl-12 O Unit 5h Gas Horizontal Marcellus Undrilled
10-09-2020 Bradford Sgl-12 L South Unit 3hx Gas Horizontal Marcellus Undrilled
10-09-2020 Bradford Sgl-12 L South Unit 2hx Gas Horizontal Marcellus Undrilled
Range Resources Corp
10-06-2020 Washington Bedillion-day Unit 7h Gas Horizontal Marcellus Undrilled
10-06-2020 Washington Bedillion-day Unit 16h Gas Horizontal Marcellus Undrilled
10-06-2020 Washington Bedillion-day Unit 17h Gas Horizontal Marcellus Undrilled

  Marcellus Shale - Drilling Activity (2016 - 2020 YTD)


 Marcellus Shale - Well Completion Trend


Completions By
Company
2019(YTD)
Count
Southwestern Energy Co. 174
Antero Resources 154
Cabot Oil & Gas Corp 142
114
107
Completions By
County
2019(YTD)
Count
Susquehanna 197
Greene 128
Washington 114
97
89

 Marcellus Shale Map

 Marcellus Shale Rig Data : October 30, 2020


Drilling Trends from May 4, 2011 - October 30, 2020

 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 $735
Subscribe to See Subscribe to See Subscribe to See Subscribe to See ---
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
05/04/2020 National Fuel Gas Co. Royal Dutch Shell National Fuel/Seneca Resources To Acquire Shell's Appalachia Assets For $541 Million $541
04/14/2020 Diversified Gas & Oil Carbon Energy Corp. Diversified Gas & Oil Inks Deal for Conventional Appalachia Assets $110
01/24/2020 KeyBank EdgeMarc Energy EdgeMarc Sells Assets for $70 Million $70
 

  Marcellus Shale Transactions By Quarter ($MM)