Norse Energy Fire Sale of 130K Acres in NY
Norse Energy’s big gamble that New York would allow shale gas drilling sooner than now has not paid off and they are throwing in the towel, attempting to find a buyer for their 130,000-acre leasehold in the state.
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A list of 250+ physicians and other health care professionals, along with the usual group of opposition groups, sent a letter to New York Gov. Andrew Cuomo yesterday requesting more study of shale gas drilling’s affects on health before approving new regulations and issuing permits to drill. A copy of their letter is embedded below.
MDN recently reported about two lawsuits filed (so far) in New York State that will set precedent in the state on the issue of whether or not local municipalities (i.e. townships) can ban gas drilling altogether within their borders.
Every time MDN writes about our observation that those who oppose drilling do so from an ideology, we get pushback from the man-made global warming true believers. If you want to believe that man causes global warming, be my guest. But don’t expect me to “go green” so you can feel good about yourself. I don’t believe it—not a word of it. It’s not been proven by any kind of science that stands up to scrutiny. It’s all ethereal theories and conjecture—not real, testable, measurable, objective and verifiable science.
Early today, Norse Energy, a Norwegian company with gas drilling operations in New York State, issued an interesting press release about laying off half of their employees (see the full release below). Norse holds some 180,000 net acres of natural gas leases in New York, of which 130,000 are in the Marcellus and Utica Shale zones.
As many of you have heard via the national media, the Binghamton, NY (Broome County) area—where much of the drilling in New York State is likely to occur once drilling begins—was just hit with the worst flooding in its history, after the previous “worst ever” flooding occurred only five years ago, in 2006. This type of flooding is referred to as a “100-year flood” and it causes the government to re-draw floodplain maps to indicate where such areas are capable of extreme flooding.
When it comes to hydraulic fracturing, or “fracking”, one size does not fit all with respect to regulation, and moratoriums. Most people caught up in the frenzy of opposing fracking, especially in New York, may not realize that there are thousands of wells drilled in New York State, right now, that are fracked every year, and have been going back for the past 60 years. And with no cases of groundwater contamination.
The New York State Department of Environmental Conservation (DEC) issued a “final” draft version of proposed new drilling regulations yesterday (see link to full copy below) after incorporating new information it received from a private study about the industrialization affects of drilling on local communities. The new draft Supplemental Generic Environmental Impact Statement (SGEIS) weighs in at 1,537 pages—a behemoth. DEC Commissioner Joe Martens set up a 90-day public comment period to end December 12th, instead of the previously promised 60-day period.