How big is big?

It may be hard to appreciate the story in the news of Chevron leasing 228 thousand acres of land for Marcellus Shale development in the state.  How much is that?  By my calculation it looks like the area in red in the graphic below, compared to the footprint of the entire city of Pittsburgh.

Someone really ought to go and do a study to figure out how much Pennsylvania landowners got for leasing their land and compare it to how much those rights are going for in this mega secondary market.

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