The Appalachian shale landscape is shifting again—this time through a coordinated three-way deal that reshapes who controls the core Marcellus and opens new runway in the Utica. On December 8, Antero Resources, Antero Midstream, Infinity Natural Resources, and Northern Oil & Gas unveiled a strategic combination of acquisitions and divestitures worth $3.9 billion, resulting in one of the most consequential gas realignments in years.
Antero Reshapes Appalachia: $3.9B Swap Strengthens the Marcellus, Opens the Door for New Utica Players











