Marcellus (Equinor ASA) PA is a producing unconventional gas field located onshore the US and is operated by Equinor.
Field participation details
The field is owned by Equinor.
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Production from Marcellus (Equinor ASA) PA
The Marcellus (Equinor ASA) PA unconventional gas field recovered 33.58% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 1,321 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 928.79 Mmboe, comprised of 5,572.72 bcf of natural gas reserves. Marcellus (Equinor ASA) PA unconventional gas field reserves accounts 0.80% of total remaining reserves of producing unconventional gas fields globally.
About Equinor
Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. It focuses mainly on the exploration, development and production of crude oil and natural gas on the Norwegian Continental Shelf (NCS). The company also has operations in various oil and gas provinces in the world. Equinor operates refineries, processing plants, storage and terminals, and has interests in various oil and gas pipelines. The company markets, trades, and transports crude oil, condensate, natural gas, natural gas liquids, and refined products. It also has presence in offshore wind, carbon capture and storage, solar and hydrogen projects. Equinor is headquartered in Stavanger, Norway.
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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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