Search results
Results from the WOW.Com Content Network
The Marcellus Formation or the Marcellus Shale is a Middle Devonian age unit of sedimentary rock found in eastern North America.Named for a distinctive outcrop near the village of Marcellus, New York, in the United States, [3] it extends throughout much of the Appalachian Basin.
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 ...
Chief Oil and Gas. Chief Oil & Gas is a company founded in Dallas, Texas in 1994 by Trevor Rees-Jones. Its primary holdings of natural gas were developed in the core areas of the Barnett Shale in Tarrant County, Denton County and Parker County. In 1999, new technology in horizontal drilling and hydraulic fracturing along with rising gas prices ...
The Permian Basin is a large sedimentary basin in the southwestern part of the United States. It is the highest producing oil field in the United States, producing an average of 4.2 million barrels of crude oil per day in 2019. This sedimentary basin is located in western Texas and southeastern New Mexico. It is named after the Permian geologic ...
The Marcellus-based operations of EXCO Resources will be even lighter as the company is slashing its staff in Pittsburgh. With the company's rig count in the area falling from four to just one, it ...
Selling off profitable assets in order to invest in somewhat-speculative natural gas shale plays is a bold move that requires courage. That is exactly what Dallas-based EXCO Resources (NYS: XCO ...
Barnett Shale - stratigraphy. The Barnett Shale is a geological formation located in the Bend Arch-Fort Worth Basin. It consists of sedimentary rocks dating from the Mississippian period (354–323 million years ago) in Texas. The formation underlies the city of Fort Worth and underlies 5,000 mi 2 (13,000 km 2) and at least 17 counties.
To help Foolish investors better understand the oil and gas boom in the United States, we are putting together a series of articles focusing on the major energy plays in the lower 48. We'll need ...