NY okays hydrofracking in Otsego County


New York okays hydrofracking 2 wells in Otsego County.

The New York State DEC has authorized Gastem USA, a Montreal based company, to hydraulically fracture the Marcellus shale formation in the Ross-1 well in Maryland, NY and the Sheckells-1 well, located in Cherry Valley, in the Trenton Black River Formation/Utica shale.

Gastem has an 80% working interest in more than 33,000 acres of leases, primarily in Otsego County, and is operator of the project. The frac treatments will test and evaluate the production potential of these zones in the two wells, which previously had only stimulated the Lower Utica shale section.
Consulting engineers estimated 145 bcf/sq mile of gas in place for the Utica and Marcellus formations based on core data from the Ross-1 well at 50% probability. The report does not cover the Oneida sands, a conventional formation that lies between the Marcellus and Utica and is reported to look very promising as well.

drill site

Gastem said it expects to test and evaluate the Oneida formation shortly.

There are additional small frac jobs on vertical wells. These wells had already had frac jobs at other intervals. This would normally not attract much attention, but is now considered good news in light of the anti-frac legislative actions in the senate.

 

Looking for vacant land to invest in…… call the areas “Land Expert”!

Kellie Place at Century 21 Chesser Realty

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Kellie M. Place “The Land Expert”

“Upstate New York’s Real Estate Development Expert”

Century 21 Chesser Realty

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About Kellie M. Place Century 21 Upstate NY

Licensed Real Estate Salesperson UPSTATE NY'S REAL ESTATE & LAND EXPERT "MULTI-MILLION DOLLAR TOP PRODUCER" Specializing in LAND, RESIDENTIAL, COMMERCIAL, MULTI-FAMILY/INVESTMENT PROPERTIES AND NATURAL GAS LAND ACQUISITIONS. VOTED "BEST of the BEST" REALTOR IN PEOPLE'S CHOICE AWARDS! WINNER OF THE QUALITY SERVICE AWARD! HOT POINTS: Upstate NY's Real Estate Development Expert * 30 Yrs of Development/Planning Experience * Multi-Million Dollar Top Producer * 30 Yr /Chairperson of Oneonta Planning Commission * Leading Agent with Proven Results * Knowledge of Upstate NY Communities * Aggressive Marketing with International Exposure * Member Otsego County Chamber of Commerce * Proudly serving Otsego, Delaware, Chenango, Madison, Schohari and Broome Counties. My name is Kellie Place and I am a Multi-Million Dollar TOP Producer with CENTURY 21. I serve as the Chairperson of the Oneonta Planning Commission of which I have been a member for over 30 years. Having worked with developers and engineers on both sides gives me an edge above other agents in all types of real estate. Co-Founder and Director of Administration of the internationally renowned New York Summer Music Festival at Oneonta State College. Chairperson of the Mayor's Arts & Events Task Force. Executive Board Member of the Community Arts Network of Oneonta. Co-founder and Executive Director of the Calcio Soccer Club and a member of the Broome County Soccer Association. I have coached youth soccer and hockey for over 20 years. I was the recipient of the "Volunteer of the Year" Award at the National Soccer Hall of Fame Co-Founder of the grassroots organization, Oneonta Community Alliance for Youth. Serve on the Otsego County Chamber of Commerce Business Action Committee as well as active in local, county and state politics. In short, an active community member that has...... "Served the Community for over 30 years!"
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