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STI Group: Entering The Marcellus Market

The STI Group has expanded its operations to include ongoing projects in areas of the Marcellus Shale. Also referred to as the Marcellus Formation, this black, low density, carbonaceous (organic rich) shale occurs in the subsurface beneath much of Ohio, West Virginia, Pennsylvania and New York. Small areas of Maryland, Kentucky, Tennessee and Virginia are also part of the Marcellus Shale. It is considered to contain an incredibly large reserve of natural gas and liquids. The Marcellus formation lies under more than 60 percent of the state of Pennsylvania alone. Some geologists and petroleum engineers believe that the massive shale formation may hold as much as 500 to 700 trillion cubic … read more

 

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