- Tight Gas & Oil
- Gas Hydrates
Well stimulation levels, pricing, and completion techniques have reached equilibrium in the Marcellus. With activity stabilizing, service providers think pricing could rise as activity builds back later this year.
Routine maintenance now accounts for more than two-thirds of job share for Appalachian Basin well service contractors as operators reduce activity to only do work that is necessary to sustain production.
Contractors are seeing little demand for drilling services in the Marcellus Shale other than to hold leases or wind down existing long-term contracts.