Amount of Utica Shale play’s potentially recoverable resources exponentially increased.

The amount of potentially recoverable natural gas within the Utica Shale play could be 782 trillion cubic feet (Tcf) more than 20 times more than the estimate just three years ago, just-released research projects.The data, made public Tuesday by the Appalachian Oil and Natural gas Research Consortium at West Virginia University, also projects the amount of crude oil contained in the Utica totals nearly 2 billion barrels – more than 200% higher than the official estimate released in 2012.“The revised resource numbers are impressive, comparable to the numbers for the more established Marcellus and a little surprising based on our Utica estimates of just a year ago, which were lower,” said Doug Patchen, director of the consortium and an acknowledged Appalachian Basin expert.The estimates represent the average of a wider range of possibly recoverable amounts of oil and gas in the Utica, which stretches beneath parts of Ohio, West Virginia, Pennsylvania and other states and includes
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