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Chesapeake Energy Corporation is an American exploration and production company, headquartered in Oklahoma City. In 2021, the company produced 463 thousand barrels of oil equivalent (2,830,000 GJ) per day, of which 69% was natural gas, 24% was petroleum, and 7% was natural gas liquids. [1] As of December 31, 2021, the company had 1,596 million ...
Marcellus natural gas trend. 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 ...
US shale gas basins, 2011. Shale gas in the United States is an available source of unconventional natural gas.Led by new applications of hydraulic fracturing technology and horizontal drilling, development of new sources of shale gas has offset declines in production from conventional gas reservoirs, and has led to major increases in reserves of U.S. natural gas.
Photo credit: Chesapeake Energy Corporation The Haynesville Shale was once one of the hottest new natural gas plays. Because of that, companies like Chesapeake Energy Corporation poured billions ...
A hot button issue, the life-cycle profitability of shale gas drilling has again taken center stage with a series of editorial columns from New York Times columnist Ian Urbina. The jury's still ...
Aubrey McClendon, co-founder and CEO of Chesapeake Energy Corp. (NYSE: CHK) told an investor conference yesterday that the Utica shale play in eastern Ohio is unlikely to be a location "where we ...
Conasauga shale. Coordinates: 33°41′55.09″N 85°36′14.74″W. Fossils from the Conasauga Formation. The Conasauga Shale Field is a Cambrian Period part of the Appalachian thrust and fault region of Alabama, Georgia, and Tennessee. The subterranean formation consists of shales and carbonates over 15,000 feet (4,600 m) thick in certain areas.
In 1981, the company was founded by Chairman George Bishop. [1][2] Margaret "Meg" Molleston, joined the company in 2006 and leads the management of GeoSouthern's assets. In February 2014, the company sold 82,000 acres in the Eagle Ford shale area of Texas to Devon Energy for $6 billion in cash. [3][2] The assets were owned in a joint venture ...