Bradford Drilling Sues Partner Norse Energy for No Drilling
Norse Energy Corp, the U.S. subsidiary of the Norwegian energy company, owns leases for 180,000 net acres in New York State, 130,000 of those acres being in the Marcellus and Utica Shale plays. Norse bet the farm on New York allowing shale gas drilling long before now, and they lost (NY is still months, if not years away from allowing shale gas drilling). Norse has put their New York acreage on the auction block, looking for another company to buy it.
In the meantime, one of Norse’s drilling partners is suing them for lack of drilling according to their agreement. That agreement had nothing to do with shale gas, but instead was drilling in the Herkimer formation, a limestone-type layer in central New York. Norse seems to indicate they may restart Herkimer drilling at some point. From the Norse press release:
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Yesterday was an interesting experience for MDN editor Jim Willis, sitting in the NY Department of Environmental Conservation (DEC) hearing in New York City. The hearing was the last to be convened by the DEC to accept public comments on new draft drilling regulations proposed by the DEC that will allow high volume hydraulic fracturing to commence in New York State (ie allow shale gas drilling).
The last two
As MDN reported yesterday, the Delaware River Basin Commission (DRBC) is set to vote on new drilling rules to allow limited drilling in the DRBC jurisdiction on Nov. 21 (
The Independent Oil and Gas Association of New York (IOGA NY), after studying the new draft drilling rules issued by the state Department of Environmental Conservation (DEC) wrote a letter to DEC Commissioner Joe Martens and Gov. Andrew Cuomo on September 2 stating that the new rules, as written, are not acceptable if the state wants there to be any shale gas drilling. A copy of the 15-page letter with attachments (31 pages total) was obtained by Gannett News and can be downloaded below.
An editorial in yesterday’s New York Post says that New York DEC Commissioner Joe Martens is leading a mutiny against Gov. Andrew Cuomo on the matter of allowing hydraulic fracturing to move forward in the state and asks the question, Is Gov. Cuomo up to the task of putting down the mutiny? Good question!
An excellent commentary in today’s New York Post by Abby Wisse Schachter addresses the fear mongering and just plain kookiness heard from anti-drillers. From the opening: