Geologist Says Mahoning Valley is Utica Shale Sweet Spot

From WFMJ 21 News:
Government geologists are now supporting what we already suspected that the Utica Shale formations in Ohio and Pennsylvania, along with several other states, hold enormous reserves of natural gas and oil.
The U.S. Geological Survey estimates that what lies beneath us in the form of Utica Shale are 940 million barrels of oil, 38 trillion cubic feet of natural gas, and nine million barrels of natural gas liquids.
Dr. Jeffrey Dick, a professor of Geology at Youngstown State University and part of our 21 News Shale Team, says, "We've got proven reserves. We're producing it out of the ground and that's defining the sweet spot."
That Utica Shale assessment covers six states, including Ohio, Pennsylvania and West Virginia.
Read the rest of the report here.

Connect with us on Facebook and Twitter!

Popular posts from this blog

Fracktivist in Dimock Releases Carefully Edited Video, Refuses to Release the Rest

The Second Largest Oil and Gas Merger - Cabot and Cimarex

Is a Strong Oil Demand Expected This Year?