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Marcellus Shale Formation |
Home >> Hydraulic Fracturing Solutions >> Marcellus Shale Formation |
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Once considered a minor play for oil and gas deposits, new research indicating the magnitude of recoverable natural gas and oil as well as the advancement of drilling techniques has made the Devonian Marcellus Shale Formation the single largest reserve of natural gas in the United States, producing $8.2 billion in annual output. |
Recent advancements in horizontal drilling and hydraulic fracturing have allowed for the economic development of oil and natural gas reserves abundant in the Marcellus Shale Formation. The application of hydraulic fracturing techniques has allowed for the increase of oil and gas recovered in the United States by as much as 30%. Advancements in hydraulic fracturing have been directly responsible for the addition of more than 7 billion barrels of oil and 600 trillion cubic feet of recoverable natural gas. |
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Some information courtesy: |
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