Increased drilling activity in the Marcellus and Utica Shale in 2014

Projected Growth in the Marcellus and Utica Shale in 2014 Many exploration and development companies involved in drilling in the Marcellus and Utica Shale region had record earnings for 2013, which is driving an increase in investments in 2014. The United States Energy Information Administration has estimated that the Marcellus shale play holds more than 100 trillion cubic feet of natural gas. It is one of the biggest producers of natural gas in the country. The three biggest investors in the Marcellus and Utica Shale region are Chesapeake Energy, Anadarko Petroleum and Southwestern Energy. Prime locations and record low temperatures helped these investors to gain a substantial return on their investments this past winter as customers on the East Coast drove up the demand for fuel used for power and heating. These are not the only companies exploring the regions by a long shot, though. EQT Corp.EQT Corp. hit record numbers in 2013, and 73 percent of the sales volume was due to the act
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