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Tuesday, November 4, 2008

Marcellus Gas Estimates Upped By 7 x

Marcellus gas estimate swells

By Kim Leonard

The Marcellus Shale region of Western Pennsylvania and bordering states could contain more than double the amount of recoverable natural gas than initially thought, a Pennsylvania State University professor who is a nationally known authority on the topic said Friday.

Terry Engelder's revised outlook is sure to expand the level of strong interest in what lies beneath the Allegheny Mountain area. Dozens of locally based and out-of-town energy producers are leasing acreage in the region and drilling into land that was an inland sea 350 million to 400 million years ago. More....

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