Just exactly how much gas is there in the Marcellus Shale?

Just exactly how much gas is there in the Marcellus Shale?

The U.S. Geological Survey (USGS) now estimates that 40 times more gas is waiting to be recovered from the Marcellus Shale than it had thought.

The new number: 84 trillion cubic feet of natural gas. That replaces the previous estimate of a mere 2 trillion cubic feet.

The amount of gas believed to be in the Marcellus Shale is important because higher estimates of gas and monetary returns have made the shale play a bigger political football.

 



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Ethane Cracker Plant

Shell recently announced that they will be building a $6 billion ethane cracker plant near Pittsburgh. This plant will boost employment, economic development, and commercial real estate, while encouraging more shale drilling throughout the region.

Investors

The upcoming construction of the new multi-billion dollar Shell ethane cracker plant in Beaver County, PA, means that there are unlimited opportunities for everyone who is involved in any aspect of regional business development. Marcellus Utica Connection is seeking strategic partners to launch marketing initiatives and connect the different industries that will most benefit during this time of unprecedented growth.

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