The Heart of the Revolution
North America's shale revolution has a beating heart – the Marcellus-Utica region, where breakevens are low, activity is brisk and natural gas is abundant. Beyond the Marcellus' 500-800 Tcf of recoverable natural gas, a new study predicts the Utica holds 782.2 Tcf (20x more than previous USGS estimates). Since January 2012, the Marcellus and Utica have provided 85% of the growth in U.S. gas production – more than meeting the region's needs.
The biggest players in midstream are working to make the Appalachian region a net exporter of natural gas in 2015, two years ahead of the rest of the country. Most of the gas goes to the Midwest, Southeast and Canada. But infrastructure is being developed to provide access to Mexico via pipeline and globally through LNG exports.
This January, the Marcellus-Utica Midstream conference and exhibition brings the region’s key players together for an in-depth look at the latest production estimates and major midstream projects planned, underway and coming on-stream. Secure your seat today!
Sources: UGCenter.com, Pittsburgh Post-Gazette
Phillips 66 Shakes Up Quake Plans After Oklahoma Temblors
Key North American Hub Prices: Nov. 23, 2015