Hydrofracking a Boom-bust Endeavor
August 14, 2011New York Unplugged Wells
August 16, 2011Assessment of Undiscovered Oil and Gas Resources of the Devonian Marcellus Shale of the Appalachian Basin Province, 2011
U.S. Geological Survey (USGS)
Using a geology-based assessment methodology, the U.S. Geological Survey (USGS) estimated a mean undiscovered natural gas resource of 84,198 billion cubic feet and a mean undiscovered natural gas liquids resource of 3,379 million barrels in the Devonian Marcellus Shale within the Appalachian Basin Province. All this resource occurs in continuous accumulations.