Friday, October 5, 2012

USGS Releases Recoverable Reserve Estimates For Utica Formation

The U.S. Geological Survey has estimated that the Utica Shale rock formation in West Virginia, Ohio, Pennsylvania and other states holds 38 Tcf reserves of natural gas and nearly one billion barrels of oil.  Today the USGS released its first reserve estimate for the Utica. 

Click to read the USGS press release -