Repsol Anticipates FID for Phase 3 of Marcellus Expansion in 2023

February 22, 2023February 22, 2023

Spanish-owed Repsol owns 214,000 net acres of leases in the Marcellus Shale, primarily located in northeastern Pennsylvania in Bradford, Susquehanna, and Tioga counties. Early last year (in January 2022), Repsol closed on a deal to buy Rockdale Marcellus out of bankruptcy for $222 million (see Sale of Rockdale PA Assets to Repsol Closes – $220M Cash, $2M Debt). During the company's recent quarterly/annual update, Repsol leaders said they are eyeing a third phase of development with their Marcellus assets.

To view this content, log into your member account. (Not a member? Join Today!)