Repsol has bought Pennsylvanian assets from Rockdale Marcellus
Repsol buys Pennsylvanian shale producer
Acquisition of Rockdale Marcellus is part of the Spanish firm’s strategic plan
Spanish oil company Repsol has bought bankrupt US shale producer Rockdale Marcellus for $222mn. The US firm owns 100pc of its west Pennsylvanian operations, which were producing c.110mn ft³/d (3.11mn m³/d) of gas as of March of last year. The company’s 48,000-acre plot is contiguous but stretches across the counties of Tioga, Bradford and Lycoming. Rockdale Marcellus filed for Chapter 11 bankruptcy in September last year. Repsol says the acquisition is “one of 14 key projects” in its 2021-2025 strategic plan and allows the company to add value to its existing and adjacent positions in the “prolific” dry gas portion of the Marcellus shale formation. There is also the potential to expand oper
Also in this section
12 February 2026
Europe’s focus has shifted from pipeline dependence to price discipline, with the newfound flexibility and greater security coming at a higher cost, panellists said at LNG2026
12 February 2026
Oil and gas major unconcerned by potential supply glut as it bets on growing demand in transport and other sectors, and on the fuel’s long-term role as a ‘stabilising force’ for future energy systems
11 February 2026
Panellists from three LNG buyers at LNG2026 in Doha outlined their evolving procurement strategies as they navigate heightened market volatility
11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
