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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 ]
MarkWest Energy Partners Announces Sale of Marcellus Shale Gathering Assets in West Virginia to Summit Midstream Partners DENVER--(BUSINESS WIRE)-- MarkWest Energy Partners, L.P. (NYS: MWE ...
EQT Corporation is an American energy company engaged in hydrocarbon exploration and pipeline transport.It is headquartered in EQT Plaza in Pittsburgh, Pennsylvania.. EQT is the largest natural gas producer in the Appalachian Basin [2] with 19.802 trillion cubic feet equivalent of proved reserves across approximately 1.8 million gross acres, including approximately 1.5 million gross acres in ...
XTO Energy Inc. is an American energy company and subsidiary of ExxonMobil principally operating in North America.Acquired by ExxonMobil in 2010 and based out of Spring, Texas, it is involved with the production, processing, transportation, and development of oil and natural gas resources.
The sale could be for part or all of Shell's position in the U.S. Permian Basin, located mostly in Texas, which accounted for around 6% of the Anglo-Dutch company's total oil and gas output last year.
The company owes it all to the Marcellus Shale. It's a similar story. Range Resources recently announced its third quarter production has jumped to 960 million cubic feet equivalent per day. That ...
In 2006, Consol spun off its subsidiary CNX Gas as a standalone company, but retained 83 percent of the new company's shares. [16] On June 28, 2006, Consol Energy entered the S&P 500 replacing Knight-Ridder. [17] In 2007, CNX Gas also began investing heavily in natural gas exploration in the Marcellus Shale in Pennsylvania.
Companies like Chesapeake Energy that got in early bought up acreage at low prices, and Geologists anticipate the play's energy profile to be similar to the booming Marcellus shale.