A Double Play for Range Resources in Southwest PA

It turns out the Marcellus Shale lies sandwiched between two other potentially lucrative rock formations. This week we wrote about Chesapeake Energy’s reported success in the Utica Shale, which lies below the Marcellus. The Upper Devonian Shale lies above the Marcellus. Platts reports that Pennsylvania driller Range Resources is looking to tap gas in that more shallow layer of rock.

Upper Devonian, found at shallower depths than the Marcellus Shale that sits around 6,500 feet deep in southwest Pennsylvania, may hold “probably an equal amount of gas per section…as there is in the Marcellus,” Ray Walker, a senior vice president of Range, said late Tuesday at the Independent Petroleum Association of America’s Oil and Gas Investment Seminar in San Francisco.

For the Platts report, click here.

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