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The Marcellus natural gas trend is a large geographic area of prolific shale gas extraction from the Marcellus Shale or Marcellus Formation, of Devonian age, in the eastern United States. [2] The shale play encompasses 104,000 square miles and stretches across Pennsylvania and West Virginia, and into eastern Ohio and western New York. [3]
Even with the 10%-15% discount for Marcellus natural gas during the second quarter, Cabot's typical Marcellus well provided a staggering 120% return. However, some investors may be concerned about ...
America is home to the natural gas revolution, with the Marcellus shale holding over 100 trillion cubic feet of recoverable natural gas. While reserve estimates have fluctuated immensely, it's ...
The Marcellus natural gas trend, which encompasses 104,000 square miles and stretches across Pennsylvania and West Virginia, and into southeast Ohio and upstate New York, is the largest source of natural gas in the United States, and production was still growing rapidly in 2013.
Natural gas industry observers will attest that growth in gas production from Pennsylvania's Marcellus shale has surpassed even the most optimistic of projections. And, according to a new report ...
[5] [10] Shell had selected the site due to the ongoing Marcellus natural gas trend and the site's prime location within the Marcellus Shale. [1] By 2015, after executing several short-term lease extensions, Shell purchased the property outright from Horsehead, and subsequently purchasing other nearby properties, effectively absorbing all of ...
In recent years, U.S. natural gas output has seen a phenomenal surge thanks largely to the application of advanced drilling techniques such as hydraulic fracturing and horizontal drilling. From ...
In the first half of this year, output from the prolific shale gas play increased 50% year over year, according to Bentek Energy, an energy market How This Marcellus Producer Is Coping With Low ...