Marcellus Is The Place To Be

Below is an excerpt from a recent article on Forbes.com written by Christopher Helman.


"Engineers at Range Resources discovered the Marcellus gas in 2004, giving Range a two-year head start in scooping up 1.3 million acres of leases. Marcellus' choice spots, 6,000 feet underground, hold 500 trillion cubic feet of natural gas, 20 years of current U.S. demand. "Because the Marcellus is cheap to develop and so close to market, it will make other plays in the South and Midwest uneconomic," says Russell Braziel at gas market forecaster Bentek. "If you want to be in the gas business, you'll have to be in the Marcellus."