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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 ]
[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 ...
CNX Resources Corporation is a natural gas company based in Pittsburgh with operations in the Appalachian Basin, primarily in the Marcellus Shale and Utica Shale in Pennsylvania, Ohio and West Virginia. It also develops coalbed methane properties in Virginia along with a methane capture and abatement program. The company also has extensive ...
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Antero is a leading Marcellus Shale producer with over 312,000 net acres in the southwestern core of the play. In northern West Virginia, Antero has 14 drilling rigs currently in operation and has ...
The Marcellus shale, a vast hydrocarbon-bearing formation that spans several states in the Northeast, is widely regarded as the most economical shale gas play in the country. According to Bentek ...
The term "Marcellus Shale" is the preferred name throughout most of the Appalachian region, although the term "Marcellus Formation" is also acceptable within the State of Pennsylvania. [7] The unit was first described and named as the "Marcellus shales" by J. Hall in 1839.
In June 2011, ExxonMobil acquired two natural gas companies in Pennsylvania—Phillips Resources Inc. and TWP Inc.—for $1.69 billion. [4] After the acquisition, both companies were managed by XTO Energy. [4] The acquisition added about 317,000 acres in Marcellus Shale to ExxonMobil's portfolio. [4]
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