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"Resource Estimates"

Resource Estimates
October 3, 2019

Marcellus and Utica Estimates Increase

USGS Estimates 214 trillion Cubic Feet of Natural Gas in Appalachian Basin The Marcellus Shale and Point Pleasant-Utica Shale formations of the Appalachian Basin contain an estimated mean of 214 trillion cubic feet (tcf) of undiscovered, technically recoverable continuous resources of natural gas … This is a significant increase from the previous USGS assessments of […]

EIA
August 14, 2014

EIA Releases New Gas Estimates

The Energy Information Administration (EIA) raised its estimate for domestic natural gas production in its August Short-Term Energy Outlook and made several other interesting natural gas projections: Production is expected to rise by 5.3 percent to 73.9 billion cubic feet per day (Bcf/d) in 2014, compared to 70.2 Bcf/d in 2013. Total consumption will average […]

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