The Marcellus field, an example of our relationship with stakeholders
Repsol works in frequent contact with landowners and community representatives to share information regarding our activities and understand their needs
The Appalachian Basin, one of the largest in North America, has enormous potential for natural gas. It is here that we find the Marcellus field, one of the most prolific shale gas formations in the world. It contains 77 trillion cubic feet of natural gas.
Our activity in this area takes place mostly in Pennsylvania. In 2016, Repsol's production in Marcellus reached 1 trillion cubic feet, a record figure for a field that had only been in operation for eight years.
One of the keys to this project's success is the way we manage our relationship with local stakeholders including private landowners, communities, associations, the media, partners, and suppliers.
In the United States, our relationship with landowners is vital for production. They own the land that is believed to contain hydrocarbons and lease their oil and gas rights to us so we can carry out exploration and production.
Repsol's Stakeholder Relations team holds informal meetings with these landowners throughout the year to share information and understand their needs. We also organize an annual event with over 500 attendees, including all of the landowners, to present our plans and hear their ideas.
As for the rest of the stakeholders, our Stakeholder Relations team holds annual meetings with county and state representatives, development agency directors, and other community leaders to understand their priorities. Furthermore, we have a Good Neighbor Call Center, which answered more than 4,500 calls from local stakeholders in 2016.
The Marcellus field is one of the most prolific shale gas formations in the world, holding 77 trillion cubic feet of natural gas
We also have a Donation Committee to support the organizations that work in local community development. In 2016, we contributed to the development of the Science Technology Engineering Math (STEM) program and various agriculture and leadership programs in area schools. We also made donations to local volunteer fire departments and ambulances.
All these ways of managing our relationship with stakeholders has allowed us to form close bonds with community members, who actively participate in field development decisions. Both public and private institutions have shown a great appreciation for our transparent, honest management.