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CONSOL Energy Announces 11% Increase in Proved Reserves to 6.3 Tcfe

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From the safety of our employees to the environment and communities in which we work and live, CONSOL Energy’s corporate responsibility efforts are rooted in our core values and woven throughout the fabric of our corporate culture.

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The leader in our field. The natural gas field, that is

CONSOL Energy is a leader in the natural gas industry and one of the largest independent natural gas exploration, development and production companies in the Appalachian Basin. We have access to 5.6 trillion cubic feet equivalents of proved clean-burning natural gas reserves. With a leading acreage footprint in both the Marcellus and Utica shales, CONSOL Energy is at the forefront of providing the energy to power America for generations to come.

Gas Reserves Estimated Net Proved Reserves (MMcfe) Net Producing Wells (including oil and gob wells) Total Net Acres 1
Marcellus 4,235,212 236 440,811
Utica 495,290 46 226,331
CBM 1,467,194 4,385 2,388,963
Other 629,920 8,196 1,320,333
Total 6,827,616 12,952 4,513,215

1 Acreage amounts are shown under the target strata CONSOL Energy expects to produce, although the reported acres may include rights to multiple gas seams (CBM, Utica, Marcellus, etc.). We have reviewed our drilling plans, our acreage rights and used our best judgment to reflect the acres in the strata we expect to produce.

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