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Saturday, November 22, 2008

Marcellus Shale Gas Production Figures Revealed

In an AP article in the Philly Burbs, statistics are quoted that 12 Marcellus Shale gas wells are producing 10% of Pennsyvania's natural gas production. Pretty impressive considering Pennsylvania has 79,000 active wells. Here is a link to that article.

1 comment :

Anonymous said...

Positive impact on lease offers to be expected in the next 2-3 mos.. The 4-County Leasing Group has been on hold since October due to the vast economic downturn. With 3-D underground testing advancing from Tioga into Potter, horizontal drillers are once again touting the promise of prosperity in the Marcellus Shale as they work their way westward