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Rockdale Marcellus, LLC

Company Summary

Description

Rockdale Marcellus, LLC was formed with the acquisition of Shell’s operated Marcellus properties in Tioga, Lycoming and Bradford Counties in Pennsylvania in 2017. Rockdale Marcellus owns and operates producing wells on a contiguous acreage position of ~48k gross acres with ~100% working interest. Current production is ~110 mmcfpd as of March 2021, with over 100 future drilling locations identified in the highly productive Marcellus dry gas shale formation.

Website

https://www.rockdale.com/

Operational Regions

  • Appalachia

Recent news

  • 1/5/2022 - Repsol Continues to... (subscriber access)

Company Transactions

Date: 1/31/2022
Type: Acquisition

BUYERS:
  • Repsol SA
  • DETAILS:

    COST: 222 $MM

    NOTES:
    Repsol has reached a deal to acquire assets from bankrupt Rockdale Marcellus for $222 million. They will pay $200 million in cash and assume $2 million in debt for the Pennsylvania position.
    REGIONS:
  • Appalachia