Palmerton Group

• Environmental Risk Management
• Environmental Liability Transfer Management
• Remediation and Site Closure
• Marcellus Shale Gas
  • Facts and Statistics
  • What You Need to Know
  • Implications and Opportunities for Companies
  • Supply and Demand
  • Pipeline and Storage
  • Companies Entering the Play
  • How Do I Enter the Market?
  • Environmental Due Diligence
  • Frac Flow-Back Water Study
  • Related Links
• Water Resources and Groundwater
• Sediment Management
• Environmental Litigation Support
• Compliance Services
• Wetland Mats

Marcellus Shale Gas — Companies Entering the Play

With current production of 1 BCFD from the Marcellus Field, (up from zero in 2006), the Field is gaining interest from companies across the globe. India's Reliance has invested $1.7 billion in assets, while Canada's Talisman has recently opened a field headquarters in Cranberry PA, pledging to spend $1 billion in 2010 alone. Large investments have also come from oil giants Shell and ExxonMobil. Shell plans to spend $1 to $2 billion per year developing their Marcellus assets. Guardian, Fortuna, Gastem, and Enerplus are other Canadian owned companies that have made large investments in the Marcellus Field.

On an industry wide basis, investment in infrastructure and storage is projected to be $100-165 billion by 2030.