Thanks. That is very hopeful looking stuff.
Higher NG prices.
Really was not joking about the importance of NG price. With $10 gas you would be fighting off the gas companies . . . likely unsuccessfully.
But if other considerations are on your radar screen regardless, please see my reply to Sally, below.
Here's the thing about NEPA:
The maps show Utica presence all across the Northern Tier, even well into Wayne County for goodness sake. A consensus appears to exist that as you move further and further east, the Utica shale become over mature and (therefore) unproductive. So far there are known successful Utica wells as far east as Tioga County, and there is talk of some probing in far western Bradford County.
With gas prices so very low, there is not the forcing function which otherwise would exist more quickly and eagerly to define the line, as we move east, where Utica shale no longer offers hope. In addition, there is so much Marcellus gas in PA that, especially with prices so hopelessly moribund, we are already awash and the Utica (in NEPA) is viewed as something for the future.
No problemo, Sally. Good luck with your Utica.