Appalachian Basin Digest Monthly Overview February 2021

Appalachian Basin Horizontal Well Database February Summary

Welcome to the Basin Digest, keeping you up to date on horizontal well activity in the Appalachian Basin.

This week’s Basin Digest provides:

The last week of February’s rig activity, product pricing, and permitting.
A 2021 monthly summary of rig activity, product pricing, and permitting.
A summary of all wells in the Appalachian Basin by state, county, and operator.

The Basin Digest well information is derived from JKPC’s proprietary Appalachian Basin Horizontal Well Database. The database, based on state-reported and Frac Focus data, includes all horizontal wells from permitted to producing status. Formations in the database include the Burkett (Geneseo), Marcellus, Utica, Lower Huron, Clinton, and others.

Call us at 740-373-9522 about our Database Subscriptions and/or Oil and Gas Consulting Services.

Two-Week Overview of Basin Activity February 15 - 28, 2021

Rig Activity Summary

The following table presents the average weekly horizontal rig count based on information from Baker Hughes and Rig Data.

Product Pricing Summary

The following table presents the closing weekly prices based on various public data sources (ERGON/DIRECT ENERGY/ICE).

Permitting Summary by State

The following table presents the approved (issued) permits by week based on various state public data sources (ODNR/PADEP/WVDEP). The Virginia, Kentucky, and New York data is not up to date although there has been little recent horizontal activity in those states.

The Virginia, Kentucky, and New York data is not up to date although there has been little recent horizontal activity in those states.

The table (below) presents a breakout of the approved (issued) permits

for the weeks of February 15 - 28, 2021.

Basin Reservoir Summary

The Basin Reservoir Summary presents information regarding Marcellus, Utica, and Burkett horizontal producing wells. The data is from the JKPC Inc. Appalachian Basin Unconventional Horizontal Well Database.

Producing Marcellus Horizontal Wells

by Operator by State

Producing Utica Horizontal Wells

by Operator by State

Monthly Overview of Basin Activity

Rig Activity Summary

The table presents the average monthly horizontal rig count based on information from Baker Hughes and Rig Data. The Last Year represents the rig count from a year prior to the most recent month.

Product Pricing Summary

The following table presents the closing prices based on various public data sources (ERGON/HESS).

The Last Year represents the pricing from a year prior to the most recent month.

Permitting Summary

The table (at right) presents the approved (issued) permits by month based on various state public data sources (ODNR / PADEP / WVDEP). The Virginia, Kentucky, and New York data is not up to date although there has generally been little recent horizontal activity in those states.

Permit Summary By State