How Falling D&C Costs in Marcellus Affect RMP, AM, EQM, and CNNX



Marcellus and Utica D&C costs

The D&C (drilling and completion) costs for the Marcellus Shale and the Utica Shale have declined in recent years. Both shale plays have among the lowest costs in the US.

Although the costs in the Marcellus Shale and the Utica Shale are expected to increase slightly in 2017 compared to 2016, they are lower than the historical average. These cost levels indirectly benefit EQT Midstream Partners (EQM), Antero Midstream Partners (AM), Rice Midstream Partners (RMP), and Cone Midstream Partners (CNNX), as their sponsors could grow production with the decline in D&C costs.

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