Advertisement
 
Saturday, February 06, 2016
Amsterdam, NY ,

 

Advertisement

Well dug in shale

Thursday, October 11, 2012 - Updated: 7:49 PM

OWEGO (AP) -- A Texas company has begun drilling a vertical well to explore the potential of the Marcellus Shale natural gas formation, joining about a dozen others probing the potentially lucrative rock beneath New York's southern tier.

Carizzo Oil & Gas of Houston recently started digging its first well north of the Tioga County village of Owego. The Houston-based energy company already has wells in the Eagle Ford and Barnett shale formations in Texas, as well as operations in Colorado, Ohio and the North Sea,

Richard Hunter, Carizzo's vice president of investor relations, said the exploratory well will determine whether the company pursues horizontal drilling.

Horizontal high volume hydraulic fracturing, or fracking, isn't permitted in New York. State regulators have been reviewing the highly polarizing issue for four years and could make a decision whether to allow it by the end of this year.

Fracking injects millions of gallons of chemical-laced water into the ground to crack rock and release gas. Supporters point to greater domestic energy supply, job creation and revenue for cash-starved states while opponents worry about pollution and health impacts.

     

Comments made about this article - 0 Total

Comment on this article

Advertisement
Subscribe to The Recorder

 

The Recorder Sports Schedule

Most Popular

    Four arrested in crime spree that hit local Target
    Monday, February 01, 2016

    Martin Aloysius 'Marty' Harrington
    Tuesday, February 02, 2016

    Aldermen OK accounting firm to help with finances
    Wednesday, February 03, 2016

    Villa: Deteriorating infrastructure can paralyze the city
    Tuesday, February 02, 2016

    Aldermen look to strip powers of Golf Commission
    Wednesday, February 03, 2016

    Future budget talks might bump hours back up for engineer
    Monday, February 01, 2016

    4 enshrined by Mohawks; Valentine a hit with fans
    Monday, February 01, 2016

    Kenneth L. Luft
    Thursday, February 04, 2016

    Fedullo shines in Lady Rams' trip to NYC
    Monday, February 01, 2016

    Fedullo snaps AHS scoring mark; Duemler records 200th win in Rams rout
    Tuesday, February 02, 2016

Advertisement

Copyright © McClary Media, Inc.

Privacy Policies: The Recorder

Contact Us

Twitter

Instagram

Facebook