There’s been a lot of focus on the Lower 48 natural gas plays as a source of relatively strong oilfield service demand in the oil crisis. This week, we took a data-driven look at a variety of activity metrics in the play – a “wellness check” if you will… There’s …
Read More »Marcellus March Madness – Drilling Activity Is Hitting Multi-Year Highs
Back in October 2017, we noticed a spike in Marcellus well permitting and wrote in this update: “Permits surging to 24-month high, look for spuds to play catch up into 1Q18. Fast forward to today, and this is playing out as expected, albeit slightly behind our expectations on timing. In …
Read More »Marcellus Shale Drilling Permits Hit A Two-Year High
Starting this week, we begin an analytical tour around basins outside the Permian. The focus feature in each of our regular weekly rig count updates over the next couple weeks will provide an overview on D&C activity trends in key basins beyond West Texas. Here are five Marcellus Shale charts …
Read More »The Largest Gas Producer Endorses A Conservative Unconventional Movement In The Shale Gas Revolution [Follow The Leaders]
Infill Thinking’s Follow The Leaders series distills key unconventional E&P strategies into real-time, digestible updates. The goal? Uncover future business opportunities and risks. Today we take a look at a new value creation strategy outlined by the leader in natural gas. The meaning of value creation in shale gas has changed. There’s a lot …
Read More »Marcellus Scale – A Glance At The EQT / Rice Deal From A Well-Site Demand Perspective
Yesterday morning, EQT consolidated the Marcellus Shale by acquiring Rice Energy for $6.7bn in a deal that creates the largest natural gas producer (>3Bcfpd) in the US. The deal is expected to close in 4Q17. The combination and new strategic direction for the combined operator has material implications for the …
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