New report shows 2Q largest for Marcellus deals since 2015

According to a new industry report, there was more than $10 billion in mergers and acquisitions in the Marcellus region in Q2 2017.

The report, from PwC, noted a total of $10.2 billion in deals in the Marcellus region, part of $37 billion in total oil and gas deals during the same period.

In the Marcellus, the quarter was dominated by EQT Corp.’s (NYSE:EQT) merger with Rice Energy Inc (NYSE:RICE), worth $6.7 billion. The deal was announced in June.

Doug Meier, a deals leader in the U.S. oil…

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