A second look at the size of US shale formations is revealing they hold far more natural gas, and pushed a new name up near the top of the list: the Mancos Shale. A recent reassessment of the formation in western Colorado concluded it holds 66 Tcf of shale gas that could be produced using current technology, making it second only to the prolific Marcellus Formation for unconventional gas in the US. This elevates the profile of the formation, which the US Geological Survey (USGS) had previously estimated at 1.6 Tcf in 2003. The agency also recently upped its estimate for the Barnett Shale, doubling it to 53 Tcf. “We reassessed the Mancos Shale in the Piceance Basin as part of a broader effort to reassess priority onshore US continuous oil and gas accumulations,” said Sarah Hawkins, a USGS geologist who was the lead author of the study. “In the last decade, new drilling in the Mancos Shale provided additional geologic data and required a revision of our previous assessment of technically recoverable, undiscovered oil and gas.” Based on a growing body of data, the USGS is working on assessments of two Texas plays, the Wolfcamp in the Midland Basin, and the Eagle Ford Shale; and one in Colorado, the Niobrara in the Denver Basin. For those drilling into the Mancos, the USGS evaluation confirms what they have been seeing. “There has been drilling for the last 20 years and there is decades worth of drilling location left,” said David Ludlam, executive director of the West Slope Colorado Oil and Gas Association, who said the gas potential may well exceed 100 Tcf. He said operators working there have dozens of successful exploratory wells in shale, but the current gas market does not justify development drilling. The gas sands there are commonly developed using slanted vertical wells from pad sites with multiple wells. The USGS used data from 2,000 wells drilled since its last evaluation, as well as field work and research core analysis, to divide the formation into units with similar geologic and well production characteristics, Hawkins said. That work led to an estimate of technically recoverable reserves for the Mancos ranging from 34 Tcf to 112 Tcf, with a mean of 66 Tcf. Glowing assessments of the gas in the ground are not fueling the sort of activity that transformed the Marcellus. Recently there were no rigs drilling in the Barnett, and 12 of the 16 wells working in Colorado were in the DJ Basin in the eastern part of the state, according to data by Energent Group, a provider of shale data.