The Utica Shale is a formation in the Appalachian Basin that lies beneath the Marcellus Shale. It was recently assessed for the first time by the USGS, and is estimated to contain 38 TCF of natural gas, 940 MMB of oil, and 9 MMB of natural gas liquids.
http://www.usgs.gov/newsroom/article.asp?ID=3419&from=rss#.UG4i...
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