The figures from energy industry analysts and the federal government depicts that Marcellus Shale is just going to become the most productive natural gas field in US.
Although drilling stated five years ago, but Marcellus production is remarkable. In spite of New York debates over its portion of shale lying under large regions of Pennsylvania, West Virginia and Ohio, it’s not going to look back.
In July, the total output from West Virginia and Pennsylvania wells was approximately 7.4 billion cubic feet per day, which is more than twice 3.6 billion cubic feet produced in April. This shows more than 25 percent of national shale gas production.
A new report from the United States Energy Information Agency depicts that Marcellus will surpass Haynesville securing its place as top producer.
Marcellus shale is a gas-rich formation, which comes into existence because of extreme pressure on rock several feet below the earth’s surface. Due to improvements in drilling technology, the shale offered maximum production resulting to plenty of job opportunities along with loads of profits.
As a result of mass production, consumers have a relief as natural gas prices will drop soon.