Snapshot from the Marcellus: Two New Gas Wells a Day for 20 years
Here’s a statistic that is getting tossed around in some energy stories today, illustrating the industry’s interest in the Marcellus shale: The Norwegian oil company, Statoil, with its Chesapeake Energy partners, says it could drill 17,000 natural gas wells along the gas-rich Appalachian formation over the next 20 years. That amounts to 2.33 new wells […]