Yesterday, according to the attached report of his talk at the Platts Appalachian Gas conference in Pittsburgh, Terry Engelder, Professor of Geoscience at Penn State, doubled his estimate of Marcellus GIP to 1,100 tcf. Last January, the professor surprised the natural gas industry with his upside estimate of 516 tcf. I believe the article incorrectly states that his estimate of recoverable gas is now over 1 tcf. It should actually read over 100 tcf; also, a double from his earlier 50 tcf estimate.
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Thursday, October 30, 2008
Marcellus Potential Doubled
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