Feds boost estimate of recoverable Marcellus Shale gas reserves

08/23/2011 | Oakland Tribune (Calif.), The · Hill, The

The U.S. Geological Survey significantly increased its estimate of undiscovered, recoverable natural gas in the Marcellus Shale formation from 2 trillion cubic feet in 2002 to about 84 trillion cubic feet. The figure was driven by advancements in drilling and new data on the formation, the USGS said. "While some critics continue to question the viability of responsible domestic shale gas development, it is abundantly clear -- as laid out by this new data -- that the Marcellus Shale will continue to lead the way in meeting Americans' energy needs for years to come," said Kathryn Klaber, the Marcellus Shale Coalition's president and executive director.

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Oakland Tribune (Calif.), The · Hill, The

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