Marcellus Exclusives

EQT, Statoil, buys, next door neighbor, Marcellus, Utica, shale, acreage, Appalachian Basin, Wells Fargo, Gordon Douthat, acquisition

The acquisition increases EQT’s core undeveloped Marcellus acreage by 29%, adds 500 locations and allows for extended laterals in one West Virginia county.

Schlumberger, Paal Kibsgaard, oil, drilling, technology, hydraulic fracturing, investment

The company plans to produce a new hydraulic fracturing system and a ‘land drilling system of the future.’

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.

Marcellus Gross Acreage

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