Marcellus Is The Next Overnight Shale Success—if Overnight Means A Half Decade

摘要

Shale fever has hit Appalachia. The land grab is underway, with acreage in remote areas going for $1,000-$,1,500 versus $10 historically. Breathless observers call the Marcellus Shale, one of three regional black shales, the largest natural gas play in North America. The fever started after two professors produced a widely circulated resource estimate last year projecting a 10 percent gas recovery could yield up to 50 Tcf in the Marcellus.