Tag Archives: PA

Texas gas company buys Marcellus wells in Pa.


Texas gas company buys Marcellus wells in Pa. Exco Resources Inc. said Wednesday it has purchased certain oil and gas assets in the Marcellus shale from Chief Oil & Gas LLC for about $459.4 million. The properties are producing about … Continue reading

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Mineral rights drive up prices at Broome County tax auction.


Mineral rights drive up prices at Broome County tax¬† auction.   What’s the difference between nearly $8,000 an acre and $2,000 an acre? Location, location, location. That, and possibly a property’s proximity to the thickest part of the gas-rich Marcellus … Continue reading

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$7.8M Gas Lease Offer Rejected!


Broome County rejects $7.8M gas lease offer $7.8 million lease offer for the natural gas rights to thousands of acres of Broome County and was overwhelmingly rejected Thursday night by the Broome County Legislature. In a decision that was expected … Continue reading

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No Frack Gas in Chenango County


Norse Energy¬† and Stryker Energy announce joint venture in Chenango County, NY. Energy Corp. has commenced drilling into the Herkimer Sandstone in Chenango County after an almost six month hiatus while it conducted seismic tests to pinpoint subsurface prospects. The … Continue reading

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Hey Halliburton… What’s in that Frack Formula?


Halliburton….What’s in That Frack Formula? Petroleum services giant Halliburton Co is beginning to publicly disclosie the identity of chemicals in solutions it makes to hydrofrack the shale in the controversial Marellus Shale Natural Gas boom in PA, NY, VA and … Continue reading

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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, … Continue reading

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