Report: Marcellus Region Still Strong for Natural Gas Shale - Topic A: Energy
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February 6, 2016

Report: Marcellus Region Still Strong for Natural Gas Shale

Fuel Fix reports that “the Marcellus region is now the biggest natural gas shale play in the world, and there’s still about $90 billion to be made by tapping the area’s reserves, according to a study by energy analyst group Wood Mackenzie.”

“The Marcellus, which stretches from New York to West Virginia, produced about 15.6 billion cubic feet of natural gas per day in August, about 38 percent of total U.S. natural gas production for the month, according to the U.S. Energy Information Administration. The agency doesn’t expect the boom to taper off anytime soon, and several of the biggest companies are cashing in.”

Categories: News

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