Marcellus Shale Practice
Pennsylvania sits directly atop the Marcellus Shale formation, the largest unconventional natural gas reserve in the world. A recent Penn State study found the formation may hold 489 trillion cubic feet of natural gas – more than double the natural gas reserves of Saudi Arabia. In economic terms, development of the Marcellus Shale is expected to create hundreds of thousands of new jobs and hundreds of billions in royalty and lease payments to landowners, with expected total revenues exceeding that to be spread among industry players over the life of the gas reserve, which could span 50 years or more.
Fox Rothschild has the Marcellus Shale business well-covered. With more than 250 lawyers throughout the Commonwealth of Pennsylvania in five offices – including Pittsburgh – we offer a full array of legal services to landowners, gas companies, drillers, water treatment and waste companies, property developers and vendors.