Marcellus Shale will take 5 years to Fully Develop

The Marcellus Shale, which is located in PA, WV, OH, and NY, will take as long as five years to fully develop. The Marcellus Shale has a lot of potential, but infrastructure issues, water problems will cause a slow down in drilling activity.

I believe the recent fall of natural gas prices was due to wall street thinking that all these shale plays such as the Marcellus Shale, Haynesville shale, and Fayetteville Shale will bring a huge supply of natural gas to the market. This is not really the case. As older wells decrease in production, these new wells replace existing supply. If natural gas prices keep falling, there will be less drilling causing supply to weaken instead of build. The price of natural gas will make the market as usual....if demand is strong, the price will rise bringing on more supply...and vice versa.

To learn more about the companies drilling at the Marcellus Shale, go to http://www.marcellusshales.com/marcellusshalecompanies.html