By April 08 2015
A new release in the U.S. Geological Survey’s (USGS) Professional Paper series provides an in-depth analysis showing that oil and natural gas resources in the Appalachian Basin remain significant and are sufficient to continue contributing meaningfully to the nation’s fossil fuel needs.
Oil and gas production from the basin, which includes 11 states from New York to Alabama, has been a major contributor to the nation’s energy supplies for the last three centuries. Between 1860 and 1989, the basin produced more than 2.5 billion bbl of oil and more than 30 Tcf of natural gas from more than 500,000 wells, according to USGS. But while conventional oil and gas continues to be produced, most new wells in the region are drilled in shale reservoirs, most notably in the Marcellus and Utica shales in Ohio, West Virginia and Pennsylvania.