- · Approximately 360,000 net acres in leading U.S. natural gas play
- · Dissolved upstream joint venture in 2016 for maximum control of assets
The Marcellus Shale is recognized as one of the lowest cost domestic shale plays, and is located near major demand markets in the northeast U.S.
Noble Energy's presence in the Marcellus Shale began in 2011 through a joint venture (JV) agreement with CONSOL Energy. In October 2016, Noble Energy and CONSOL Energy Inc. announced that the two companies entered into a definitive agreement to separate their Marcellus Shale 50-50 JV.
Read the announcement here.
View an updated map here.