A new research report prepared for investors indicates the Marcellus Shale is a huge success story from both a production and profit perspective, leading the way among all shale plays.
Yesterday, Bank of America Merrill Lynch put out their latest version of the Global Energy Weekly (GEW) and it includes some powerful information about what’s happening in the Marcellus Shale play, where production is building while other plays have been battered by low prices. It’s a research report for subscribers and does a thorough analysis of natural gas development and pricing trends. This issue partly focuses on the Marcellus Shale as the star performer among shale plays, and for good reason because the production and economics of this shale gas play are impressive and contradict the doom and gloom of the naysayers both within and outside the industry.
http://naturalgasnow.org/marcellus-shale-production-and-economics-a...
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