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 this weekly rig count update, we put the spotlight on recent trends in Appalachian drilling, permit, and completions.

There’s a lot more to this story…

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feature image is a thumbnail of the drilling rig photo of the week from social media shown below

Sunset on H&P 634. #texassky #flexrig #oilfieldlife #riglife #oilmoney #oilfielddollars #oilfieldphotography #iphonephotography #photography #sunset #silhouette #drillersclub

28 Likes, 3 Comments – @_oilfieldcowboy_ on Instagram: “Sunset on H&P 634. #texassky #flexrig #oilfieldlife #riglife #oilmoney #oilfielddollars…”