Marcellus (EQT Corporation) WV is a producing unconventional gas field located onshore the US and is operated by EQT.
Field participation details
The field is owned by EQT.
Production from Marcellus (EQT Corporation) WV
The Marcellus (EQT Corporation) WV unconventional gas field recovered 25.18% of its total recoverable reserves, with peak production expected in 2026. The peak production will approximately 0.33 thousand bpd of crude oil and condensate, 1,697 Mmcfd of natural gas and 5.05 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 1,324.35 Mmboe, comprised of 2.09 Mmbbl of crude oil & condensate, 7,741.13 bcf of natural gas reserves and 32.07 Mmbbl of natural gas liquid reserves. Marcellus (EQT Corporation) WV unconventional gas field reserves accounts 1.14% of total remaining reserves of producing unconventional gas fields globally.
About EQT
EQT Corp (EQT) is an independent upstream oil and gas production company. It operates production fields in Marcellus, Upper Devonian, Ohio Utica and other plays in the Appalachian Basin. The company produces and markets natural gas, natural gas liquids (NGL), ethane and crude oil. The company markets natural gas to marketers, utilities and industrial customers in the Appalachian Basin. Its indirect wholly owned marketing subsidiary, EQT Energy, provides commercial and asset management services. The company contracts with MarkWest Energy Partners LP to process natural gas and extract the heavier hydrocarbon stream. The company has operations in Pennsylvania, West Virginia, and Ohio in the US. EQT headquartered in Pittsburgh, Pennsylvania, 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.
