Atlas Energy
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- | '''Atlas Energy LLC''' (ATN), based in Moon Township, PA (Pittsburgh metro area), is a subsidiary of '''Atlas America, Inc.''' (ATLS). It owns all of the production assets of the parent company which are substantially located in the Appalachian Basin. | + | '''Atlas Energy LLC''' (ATN), based in Moon Township, PA (Pittsburgh metro area), is a subsidiary of '''Atlas America, Inc.''' (ATLS). It owns all of the production assets of the parent company which are substantially located in the Appalachian Basin. A September, 2008 report stated that Atlas had 78 vertical Marcellus shale wells and one horizontal one. 69 wells were feeding into a pipeline. |
Atlas was reported in September, 2008 to be an investor along with [[CONSOL Energy Company]] of approximately $100 million in the western Pennsylvania counties of Westmoreland and Allegheny. | Atlas was reported in September, 2008 to be an investor along with [[CONSOL Energy Company]] of approximately $100 million in the western Pennsylvania counties of Westmoreland and Allegheny. | ||
It is organized similar to a limited partnership run by the parent company, ATLS. The later, also has another subsidiary, Atlas Pipeline Partners (APL), which owns and operates a network of gas pipelines. | It is organized similar to a limited partnership run by the parent company, ATLS. The later, also has another subsidiary, Atlas Pipeline Partners (APL), which owns and operates a network of gas pipelines. |
Revision as of 18:56, 28 September 2008
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Atlas Energy LLC (ATN), based in Moon Township, PA (Pittsburgh metro area), is a subsidiary of Atlas America, Inc. (ATLS). It owns all of the production assets of the parent company which are substantially located in the Appalachian Basin. A September, 2008 report stated that Atlas had 78 vertical Marcellus shale wells and one horizontal one. 69 wells were feeding into a pipeline.
Atlas was reported in September, 2008 to be an investor along with CONSOL Energy Company of approximately $100 million in the western Pennsylvania counties of Westmoreland and Allegheny.
It is organized similar to a limited partnership run by the parent company, ATLS. The later, also has another subsidiary, Atlas Pipeline Partners (APL), which owns and operates a network of gas pipelines.