Repsol Running 1 Rig, Experiments with Cluster Spacing in PA

Spanish-owed Repsol owns (at last check) around 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, adding Rockdale’s 66 producing wells on 42,897 net acres to Resol’s extensive Marcellus portfolio (see Sale of Rockdale PA Assets to Repsol Closes – $220M Cash, $2M Debt). Repsol's planning and development manager, Jose Chirinos, spoke to Hart Energy editorial director, Jordan Blum, at the recent DUG Appalachia event in Pittsburgh. Chirinos discussed the company's Marcellus drilling program.

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