The Appalachian Basin features an enormous stacked pay play with geologic targets ranging from the Marcellus and Utica shales through upper Devonian formations. The region’s traditional industrial base and proximity to large urban markets creates a bright future for hydrocarbon production in the Northeast. Penn State geology professor Terry Engelder and DrillingInfo’s Allen Gilmer outline the vast hydrocarbon potential in the Appalachian Basin and shed insights on what makes the region unique.
Recommended Reading
Apollo Funds Acquires NatGas Treatment Provider Bold Production Services
2025-02-12 - Funds managed by Apollo Global Management Inc. have acquired a majority interest in Bold Production Services LLC, a provider of natural gas treatment solutions.
VAALCO Acquires 70% Interest in Offshore Côte D’Ivoire Block
2025-03-03 - Vaalco Energy announced a farm-in of CI-705 Block offshore West Africa, which it will operate under the terms of an acquisition agreement.
ConocoPhillips to Sell Interests in GoM Assets to Shell for $735MM
2025-02-21 - ConocoPhillips is selling to Shell its interests in the offshore Ursa and Europa fields in the Gulf of Mexico for $735 million.
Shell Completes Deal to Buy Power Plant in Rhode Island
2025-01-24 - Shell has completed its previously announced acquisition to buy a 609-megawatt combined cycle gas turbine power plant in Rhode Island from RISEC Holdings.
Saipem, Subsea7 Merge to Create Offshore Services Company
2025-02-25 - The new energy services company called Saipem7 would have an annual revenue of $21 billion.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.