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December 3, 2021updated 27 Apr 2022 11:47am

Marcellus (Range Resources Corporation) PA Unconventional Gas Field, US

By Carmen

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 44.73% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 9.49 thousand bpd of crude oil and condensate, 1,693 Mmcfd of natural gas and 113.86 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 1,285.14 Mmboe, comprised of 41.25 Mmbbl of crude oil & condensate, 5,447.83 bcf of natural gas reserves and 335.92 Mmbbl of natural gas liquid reserves. Marcellus (Range Resources Corporation) PA unconventional gas field reserves accounts 1.10% 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 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.

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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