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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 ]
The Marcellus is an example of shale gas, natural gas trapped in low-permeability shale, and requires the well completion method of hydraulic fracturing to allow the gas to flow to the well bore. The surge in drilling activity in the Marcellus Shale since 2008 has generated both economic benefits and environmental concerns—and thus ...
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 ...
CNX Resources Headquarters. 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 operates in the Marcellus Formation, where it is the largest land owners. As of December 31, 2021 the company had 17.775 trillion cubic feet of natural gas equivalent of estimated proved reserves, which 67% was natural gas, 31% was natural gas liquids, and 2% was petroleum. [1]
After working for a time for Getty Oil and Felmont Oil Co., Pegula founded East Resources a natural gas drilling company, with $7,500 from family and friends in 1983. It profited heavily upon discovery of deep layers of natural gas in the Marcellus Formation and application of the hydraulic fracturing ("fracking") recovery process. [5]
The company has operations in the Permian Basin, Marcellus Shale, and the Anadarko Basin. [1] As of December 31, 2021, the company had 2,892 million barrels of oil equivalent (1.769 × 10 10 GJ) of estimated proved reserves, of which 85% was natural gas, 7% was petroleum, and 8% was natural gas liquids. [1]
The Atlantic Coast Pipeline is being built by energy companies Duke Energy and Dominion Energy with the goal of providing natural gas to residential and industrial areas of North Carolina. The natural gas that will be transported in the pipeline is from Pennsylvania and West Virginia, fracked from the Marcellus Shale. [282]