November 2012, Vol. 239 No. 11

In The News

New Estimate Of Utica Shale Reserves

Government officials report the Utica Shale formation holds about 38 Tcf of recoverable natural gas. In its first assessment the U.S. Geological Survey said it estimates the formation holds about 940 million barrels of oil and 9 million barrels of natural gas liquids. A report by the Energy Information Administration says gas production has flattened since late 2011 in response to lower prices but volumes remain at historically high levels. From January through July, marketed production set a record for the first seven months of any year, averaging 69 Bcf/d, up 4 Bcf/d, or 6%, from the same period a year earlier. The number of drill rigs operating in Pennsylvania’s Marce

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) SUBSCRIBE to Pipeline & Gas Journal magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the PGJ archives per month. $199 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the PGJ Archive, access to all special reports, special focus supplements and more. $1,395 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at or +1 713.520.4426*.



*Access will be granted the next business day.


{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}