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December 8, 2021

Marcellus (HG Energy, LLC) WV Unconventional Gas Field, US

By Carmen

Marcellus (HG Energy, LLC) WV is a producing unconventional gas field located onshore the US and is operated by HG Energy.

Field participation details

The field is owned by HG Energy.


Production from Marcellus (HG Energy, LLC) WV

The Marcellus (HG Energy, LLC) WV unconventional gas field recovered 29.19% of its total recoverable reserves, with peak production expected in 2021. The peak production was approximately 1.48 thousand bpd of crude oil and condensate, 464 Mmcfd of natural gas and 7.19 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033.


Remaining recoverable reserves

The field is expected to recover 266.22 Mmboe, comprised of 2.69 Mmbbl of crude oil & condensate, 1,470.52 bcf of natural gas reserves and 18.45 Mmbbl of natural gas liquid reserves. Marcellus (HG Energy, LLC) WV unconventional gas field reserves accounts 0.21% of total remaining reserves of producing unconventional gas fields globally.


About HG Energy

HG Energy LLC is a natural gas and oil exploration and production company. The company is headquartered in Parkersburg, West Virginia, 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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