Current estimates put the Marcellus Shale on track to become the second largest natural gas field in the world. And a Penn State University study predicts that Marcellus natural gas production could practically double by 2020, helping to make Pennsylvania the energy capitol of America.Some stats about the natural gas industry activity and what it means for Pennsylvania:

    • By 2015, natural gas is expected to add more than $14 billion in value to Pennsylvania’s economy.
    • The natural gas industry is expected to drill at least 2,500 wells annually at a cost of approximately $4 million per well.
    • That means Pennsylvania can expect to see another $10 billion dollars a year invested in well site operations alone.
    • Pennsylvania counties, local municipalities and commonwealth programs receive $204 million in well impact fees in 2012.
    • The industry has paid $1.6 billion in taxes since 2006 with value added revenue expected to exceed $10 billion dollars this year.

Landowners are also seeing a direct benefit from the industry activity – last year, natural gas producers paid more than $400 million to landowners throughout Pennsylvania.

External Affairs Team

Coterra Energy’s External Affairs Team is guided by its C.A.V.E. principles: Community. Agriculture. Veterans & First Responders. Education. Through these pillars, the team works to be a better neighbor and foster growth within Coterra Energy’s three vital regions: the Marcellus Shale in Northeast Pennsylvania, the Permian Basin in Southwest Texas and Southeast New Mexico, and the Anadarko Basin.

The External Affairs Team is led by George Stark, with support from Becca Myers and Bill desRosiers. Their job involves handling Coterra Energy’s public relations, community outreach, advertising, and political affairs.