Marcellus (Range Resources Corporation) PA is a producing unconventional gas field located onshore the US and is operated by Range Resources.
Field participation details
The field is owned by Range Resources.
Production from Marcellus (Range Resources Corporation) PA
The Marcellus (Range Resources Corporation) PA unconventional gas field recovered 39.56% of its total recoverable reserves, with peak production expected in 2022. The peak production will approximately 12.53 thousand bpd of crude oil and condensate, 1,732 Mmcfd of natural gas and 108.02 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2050. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 1,362.5 Mmboe, comprised of 42.32 Mmbbl of crude oil & condensate, 5,797.98 bcf of natural gas reserves and 353.85 Mmbbl of natural gas liquid reserves. Marcellus (Range Resources Corporation) PA unconventional gas field reserves accounts 1.07% of total remaining reserves of producing unconventional gas fields globally.
About Range Resources
Range Resources Corp (Range) is an independent oil, natural gas and natural gas liquids (NGL) company that explores, develops, and acquires natural gas and oil properties in the US. It has oil and gas properties in the Northern Louisiana and Appalachian basin of the US. Range’s natural gas and oil operations are concentrated in the Appalachian region of the northeastern US, primarily in the Marcellus Shale in Pennsylvania. It sells natural gas to utilities, marketing and midstream companies and industrial users. The NGLs production is sold to natural gas processors or users of NGLs; and oil and condensate production is sold to crude oil processors, transporters and refining and marketing companies. Range is headquartered in Fort Worth, Texas, 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.