Utica Shale Has 38 Trillion Cubic Feet Of Gas, US Says

Law360, New York (October 5, 2012, 6:04 PM EDT) -- The fossil-fuel rich Utica Shale in the eastern U.S., located partly in Pennsylvania, has roughly 38 trillion cubic feet of undiscovered, technically recoverable natural gas, according to an initial resource assessment by the U.S. Geological Survey released Thursday.

The USGS survey found that the mean estimate of natural gas in the shale — which lies under most of New York, Pennsylvania, Ohio, Maryland and West Virginia — was roughly 38 trillion. The shale formation also has a mean of 940 million barrels of recoverable unconventional oil...
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