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December 3, 2021updated 27 Apr 2022 12:20pm

Marcellus (Chesapeake Energy) PA Unconventional Gas Field, US

By Carmen

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 49.51% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 2,229 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 645.59 Mmboe, comprised of 3,873.51 bcf of natural gas reserves. Marcellus (Chesapeake Energy) PA unconventional gas field reserves accounts 0.55% of total remaining reserves of producing unconventional gas fields globally.


About Chesapeake Energy

Chesapeake Energy Corp (Chesapeake) is an independent upstream oil and gas company that explores, develops and produces oil and gas from underground reservoirs. It has operations in Eagle Ford Shale in South Texas, Marcellus Shale in the northern Appalachian Basin in Pennsylvania and the Haynesville/Bossier Shales in northwestern Louisiana. It also offers oil and gas marketing services which includes contract administration, commodity price structuring , securing and negotiating of gathering, processing and transportation services, hauling, and nomination services for the company, partners and other interest owners. Chesapeake is headquartered in Oklahoma City, Oklahoma, the US.

Methodology

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.

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