2011-06-30 / Local & State

Gushers Highlight Potential Of Gas Field

By MICHAEL RUBINKAM
ASSOCIATED PRESS

ALLENTOWN, Pennsylvania (AP) – Two unexpected gushers in northeastern Pennsylvania are helping to illustrate the enormous potential of the Marcellus Shale natural gas field.

Each of the Cabot Oil & Gas Corp. wells in Susquehanna County is capable of producing 30 million cubic feet (850,000 cubic meters) per day. That’s believed to be a record for the Marcellus and enough gas to supply nearly 1,000 homes for a year. The landowners who leased the well access are splitting hundreds of thousands of dollars in monthly royalties.

Drilling companies say they’re getting better at coaxing natural gas from giant shale deposits underground.

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