Advertisement
 
Monday, December 22, 2014
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
The Recorder Sports Schedule

 

The Recorder Newscast

Most Popular

    Area high school sports calendar
    Tuesday, December 16, 2014

    Amsterdam Police help Schenectady find homicide suspect
    Thursday, December 18, 2014

    URGENT New York panel picks 3 upstate resort casinos
    Wednesday, December 17, 2014

    Port Jackson Media changes ownership
    Tuesday, December 16, 2014

    Robert A. Savoie Jr.
    Thursday, December 18, 2014

    New tax: Vehicle use tax approved
    Wednesday, December 17, 2014

    Amsterdam bounces back from S-G defeat with impressive win over Broadalbin-Perth
    Wednesday, December 17, 2014

    B-P senior portrait is given the green light
    Tuesday, December 16, 2014

    Second nature: St. Mary's staff conducts ebola drill
    Thursday, December 18, 2014

    Needed:A safe place to vote
    Tuesday, December 16, 2014

Advertisement

Copyright © Port Jackson Media

Privacy Policies: The Recorder

Contact Us

Twitter

Instagram

Facebook