Natural gas producers in the Marcelius shale will benefit more than producers elsewhere in the US because of many favorable circumstances, even if prices were to decline to 2012 levels, Moody's said in a recent report. The optimism pervading the 104,000-sq-mile play spanning New York, Pennsylvania, Ohio, and West Virginia is boosted by large producing wells in the northeast section conveniently located near major markets, along with an increase in capital poured into the NGL-rich southwestern section.
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