DUG East
June 3-5, 2014
Pittsburgh, Pennsylvania
David L. Lawrence Conv. Ctr.
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DUG East Conference & Exhibition

A New Target – Utica Shale Looks to be Next Natural Gas Giant

Located a few thousand feet below the Marcellus, the Utica Shale formation covers approximately 170,000 square miles beneath significant sections of Ohio, Pennsylvania, West Virginia, New York, and Quebec. As the neighboring Marcellus has proven to be a significant source of natural gas, operators are setting their sites on the vast potential resources of the Utica.

In 2012, the U.S. Geological Survey estimated that Utica Shale holds some 38.2 trillion cubic feet of undiscovered, technically recoverable gas, 940 million barrels of oil and 208 million barrels of natural gas liquids.

Much of the drilling in the Utica has taken place in Quebec and in eastern Ohio. However, the hotbed of activity looks to spread into Pennsylvania, West Virginia and New York.