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Marcellus Shale Water Consortium

A group of natural gas companies have joined to form the “Appalachian Shale Water Conservation and Management Committee". Their goal is to develop and share best practices and technical solutions related to the water resources used in drilling natural gas wells into the Marcellus Shale. Participants include: Anadarko Petroleum, Cabot Oil & Gas, Chesapeake Energy, Chief Oil & Gas, EOG Resources, Equitable Resources, J-W Operating, Marathon Oil Corporation and Range Resources. The full press release is here.

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Statistics

There are 194,500 acres represented in the Coalition as of 8/18/2010. The latest gas offers in New York State are $3000/acre with 20% royalties.

Interested in joining?

If you are interested in joining the CNY Land Coalition, please download the registration form and follow the directions.

The membership form can be downloaded here.