Marcellus (Chesapeake Energy) PA is a producing unconventional gas field located onshore the US and is operated by Chesapeake Energy.
Field participation details
The field is owned by Chesapeake Energy.
Production from Marcellus (Chesapeake Energy) PA
The Marcellus (Chesapeake Energy) PA unconventional gas field recovered 51.10% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 1,200 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 520.12 Mmboe, comprised of 3,120.72 bcf of natural gas reserves. Marcellus (Chesapeake Energy) PA unconventional gas field reserves accounts 0.41% of total remaining reserves of producing unconventional gas fields globally.
About Chesapeake Energy
Chesapeake Energy Corp (Chesapeake) is an upstream oil and gas company that explores, develops and produces oil and gas from underground reservoirs. It has liquid operations in Eagle Ford Shale, the Anadarko Basin and the stacked pay in the Powder River Basin. The company carries out natural gas operations in the Haynesville/Bossier Shales; and the Marcellus Shale in Appalachian Basin. Chesapeake also offers oil and gas marketing services, including contract administration, commodity price structuring and nomination services for the company, partners and other producers. It also provides other services for its exploration and production activities. Chesapeake is headquartered in Oklahoma City, Oklahoma, the US.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.