- Tight Gas & Oil
- Gas Hydrates
Marcellus operators are doing only what is necessary to keep wells flowing. A few service providers are noting that work volumes have remained unchanged over the last 90 days.
Rig count continues to decline in the Marcellus region, the supply of drilling rigs remains excessive, and contractors peg utilization in the low 40-percentile range.
Marathon Petroleum increases its cash offer to MarkWest—again—as a “best and final” offer as it tries to entice the MLP’s unitholders to vote in favor of selling the company.