Tuesday, November 4, 2008

Marcellus Shale: Biggest Natural Gas Field in the USA?

Move over Haynesville Shale, there is a news report out today quoting a Penn State Geoscientist saying that the Marcellus Shale could be 7 times larger then originally thought. This would leave the Marcellus Shale natural gas field holding over 350 trillion cubic feet of natural gas. This would be huge for Pennsylvania, New York, West Virginia, and Ohio.

Production on the Marcellus gas field, or "play," is considered to be in the early stages, but the sheer size of it is drawing heavy interest from the exploration industry.

Here is the full article - http://www.newsday.com/news/local/wire/newyork/ny-bc-ny--shalegas-potentia1103nov03,0,6515825.story