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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 ]
Both the states of New Jersey and Pennsylvania must also issue environmental permits for the project. [3] In June 2017, the New Jersey Department of Environmental Protection rejected a water quality permit application. The reason cited was that the PennEast Pipeline Company did not submit all of the information that the application required.
In 2007, CNX Gas also began investing heavily in natural gas exploration in the Marcellus Shale in Pennsylvania. In 2010, Consol acquired Dominion Resources Inc. 's natural gas production and exploration assets for 3.74 billion dollars, which included nearly 500,000 acres of Marcellus potential, tripling Consol's position in the Marcellus to ...
Natural gas industry observers will attest that growth in gas production from Pennsylvania's Marcellus shale has surpassed even the most optimistic of projections. And, according to a new report ...
According to a new report from the Energy Information Administration on Tuesday, natural gas production from the Marcellus shale -- one of the largest shale gas plays in the country -- continues ...
Nearby, in the Lehigh Gap area of Pennsylvania, the Marcellus is extensively faulted, [36] and the beds are steeply overturned, with a reverse dip angle of up to 40° south. [30] The Marcellus Shale and the fine-grained shales near the middle of the Mahantango Formation are classified by geologists as slope-formers. [37]
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 ...
In December 2010, Chief sold 15 producing wells and 50,000 net acres in Pennsylvania to Exco Resources for $459 million. [7] In 2011, the company sold a leasehold interest in 228,000 net acres to Chevron Corporation. [8] [9] In December 2013, the company bought property in the Marcellus from Expand Energy for $500 million. [10]