Marcellus Exclusives

Rice, energy, ponies, Marcellus, Stalking Horse, bankruptcy, Alpha Natural Resources, Greene County, Utica, shale, Gordon Douthat, Wells Fargo, Gabriele Sorbara, Topeka Capital Markets

Rice wants to purchase Marcellus and Utica acreage but will have several legal challenges and may have to continue to bid on the assets held by bankrupt Alpha Natural Resources.

rig count, rig, Baker Hughes, oil, gas, drilling, shale, basin

For the week ending April 15, the North American count dropped to 480, compared to the 1,034 rigs that were pumping about a year ago.

OGIS, pain, continues, looking, 2017, IPAA, New York, rig counts, production, oil, gas, crude, capex, downturn, redetermination, EV Energy Partners, borrowing base, Southwestern, Bill Way, Appalachia, Fayetteville, shale, Cimarex, Tim Jordan, Delaware, ba

At IPAA’s annual gathering, industry executives speculated that supply overhang is beginning to shrink, but no one was yet ready to start celebrating.

Marcellus Gross Acreage

CompanyNet Acreage
Range Resources1,000,000
Southwestern Energy755,000
Chesapeake Energy480,000
All Top Acreage Holders