Two unexpected gushers in northeastern Pennsylvania are helping to illustrate the enormous potential of the Marcellus Shale natural gas field.Something tells me Pennsylvania is going to let EPA shut 'em down without a fight.
Each of the Cabot Oil & Gas Corp. wells in Susquehanna County is capable of producing 30 million cubic feet per day -- believed to be a record for the Marcellus and enough gas to supply nearly 1,000 homes for a year. The landowners attached to the wells, who leased the well access, numbering fewer than 25, are splitting hundreds of thousands of dollars in monthly royalties.
"There was definitely excitement among the team that planned out these wells and executed their completion," said Cabot spokesman George Stark.
Drilling companies knew the Marcellus held a lot of gas. They just had to figure out a way to get it out, and they say they're getting better at it all the time.
Sunday, June 26, 2011
Two Unexpected Gushers in Pennsylvania Illustrate Huge Potential of US Natural Gas FIelds
Link here.
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