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Utica Reserve Estimates Soar

A recently released report by West Virginia University sets recoverable gas reserves in the Utica Shale at more than 20 times the estimate of the U.S. Geological Survey (USGS).

The two-year study by the Appalachian Oil & Natural Gas Consortium concluded that the Utica possesses total recoverable resources of 22 Tcm (782.2 Tcf) of natural gas, far beyond the previous estimate of 1 Tcm (38 Tcf). The neighboring Marcellus Shale is estimated to hold 14 Tcm to 22.7 Tcm (500 Tcf to 800 Tcf) of natural gas.

“The revised resource numbers are impressive, comparable to the numbers for the more established Marcellus Shale play and a little surprising based on our Utica estimates of just a year ago, which were lower,” Douglas Patchen, director of the consortium, said in a statement.

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