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Acquiring Shell assets last year boosts Seneca’s natural gas production

Tuesday, May 18, 2021 by

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Acquiring Royal Dutch Shell’s Pennsylvania assets last year has helped drive significant growth in Seneca Resources Co. LLC’s natural gas production, according to Natural Gas Intelligence.

The company reported fiscal second-quarter 2021 production increased 43% year-over-year to 85.2 Bcfe.

The bulk of Seneca’s production gain came from the Eastern Development Area, which includes assets it acquired from Shell in Tioga County. 

Net production increased by 21.2 Bcf year over year to 50.2 Bcf in the Eastern Development Area. Volumes from Seneca’s Western Development Area in northwest Pennsylvania increased 4.6 Bcf to 31.3 Bcf over the same time.

Learn more: Natural Gas Intelligence > Seneca reports big jump in natural gas production from new Pennsylvania assets

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