Advertisement
 
Tuesday, May 03, 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

    Area high school sports calendar
    Monday, May 02, 2016

    State unable to determine city's fiscal stress score
    Wednesday, April 27, 2016

    Corrections officer pleads guilty to assault
    Wednesday, April 27, 2016

    Legislators drop salary raises for current term
    Wednesday, April 27, 2016

    Conservation group helps with Schoharie Crossing site cleanup
    Thursday, April 28, 2016

    Centro Civico re-acquires East Main Street property
    Wednesday, April 27, 2016

    Police Reports
    Friday, April 29, 2016

    Union baseball feels right at home at Shuttleworth Park
    Wednesday, April 27, 2016

    The men behind Grant's memoirs
    Saturday, April 30, 2016

    Restorative process: St. Mary's Church raising money for renovations
    Friday, April 29, 2016

Advertisement

Copyright © McClary Media, Inc.

Privacy Policies: The Recorder

Contact Us

Twitter

Instagram

Facebook