Bud's Offshore Energy (BOE)

Linked is a good article by geologist Gregory Wrightstone about the stunning non-conventional natural gas resource potential of the Appalachian Basin of the eastern US. Unsurprisingly, development of these resources is constrained by pipeline capacity and the legal and administrative challenges associated with new pipeline construction. Also note that New York has blocked development of its natural gas resources. Fortunately, Pennsylvania, West Virginia, and Ohio have shown better judgement.

According to Bill Zagorski, who was given the moniker of the “Father of the Marcellus,” the gas-in-place of the Marcellus dwarfs all conventional fields in the world. The size is so large that the ten largest conventional fields in the world combined do not equal the in-place reserves of the Marcellus.