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? It all has to do with depth:

It’s going to be a long summer for both those for and against drilling in the Marcellus Shale in New York State. The state DEC released new draft drilling regulations just last week and already there’s plenty of jockeying going on to either support or oppose the new regulations. A public comment period of 60 days (August & September) will be followed by more tweaking of the rules before a final version is approved by Gov. Andrew Cuomo.
As part of the new Marcellus drilling regulations in New York, DEC Commissioner Joe Martens created a Hydraulic Fracturing Advisory Panel. The new panel is initially composed of 13 people from environmentalist organizations, with a few industry and elected officials thrown in (