Archive for July 26th, 2011

Norse Energy Eyes the Utica Shale in New York, Says the Utica May Outperform the Marcellus in Much of NY

Norse Energy Corp, a drilling company headquartered in Norway but with local operations and 180,000 net acres of leases in New York State, filed the state’s first application to drill in the Utica Shale last week. Norse believes that the Utica Shale for New York will be what the Marcellus Shale is for Pennsylvania. Why? […]

Temple University Launches Study to Investigate Possible Link Between Marcellus Drilling and Methane in Water Wells

Yet another study is about to be launched looking for a connection between Marcellus Shale gas drilling and elevated methane (natural gas) levels in nearby water wells—this time from a group of researchers at Temple University. You may recall that Duke University recently released a study which supposedly showed a connection between drilling and high […]

Range Resources: Natural Gas Liquids and Higher Commodity Gas Prices Equal a Very Good Quarter

Range Resources, one of the largest drillers in the Marcellus Shale, had a very good second quarter (revenue-wise) because of increased production of natural gas liquids and because of an uptick in the price of natural gas in the commodity markets:

 

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