Chevron Selling 17K Marcellus Shale Acres, More Sales Coming

land for saleChevron, according to NGI’s Shale Plays Factbook, is the fourth largest acreage holder in the Marcellus Shale with some 700,000 acres. It appears Chevron is looking to sell off at least some of that acreage. MDN received an email notice (below) from EnergyNet, hired to broker a sale for two of what they say will be an eventual 12 tracks of Marcellus acreage that Chevron owns. The current two are located in Bedford, Blair and Cambria counties in Pennsylvania and represent just over 17,000 acres total. EnergyNet is accepting sealed bids on various tracks, some held by production, some not…

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