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Permalink Reply by David Cain on May 27, 2013 at 1:58pm

Joe,

Let me start by saying that I am not a geologist nor am I in the O&G business so please take what I say with a grain of salt...  I think the Marcellus is pretty thin in Allegany county, so I don't think it is very likely that the Marcellus will pan out.  The Utica is thick in Allegany county if I remember correctly.  I think most of the county is 200-250 ft thick.  The depth might be a little shallow (at least compared to the fairway depth that is contains the wet gas in ohio).  I have seen charts that show Allegany in the Dry Gas zone for the Utica.  But I have also seen charts that show the anticipated fairway in NY further to the east.  I would watch and see what happens to Potter county PA.  Since NY has the fracking moratorium I wouldn't expect any leasing activity there at least until the moratorium is lifted.  I also think the depth looks a little better in the SE corner of Allegany compared to the rest of the county.  I hope it does pan out for all you folks in NY.  Good Luck!

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Permalink Reply by David Perotto on May 27, 2013 at 2:21pm

Joe,

What town are you in?

Dave

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Permalink Reply by Joe Rosone on May 28, 2013 at 12:18am

Angelica, NY

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Permalink Reply by David Perotto on May 28, 2013 at 1:22am

As far as I can interpret, from maps that I have seen:

The Marcellus in Angelica is on the border of being thick enough to be economical. Most things I read say that 50' is minimum thickness. The positive for Angelica is the total organic carbon content is excellent where you are. Time will tell if they can extract anything from that strata.

The Utica should be a good strata for Angelica, probably dry gas only. While not excellent, it should have very good value.

The biggest barrier to your land value is the Emperor in Office, we need to vote him out. There are several shale layers in the Devonian and time will tell if they are the source rock to another layer that will yield economic recovery. Fun to watch this play out, we will have an educational experience. Doing some google searches under Utica Shale Map and Marcellus Shale Map will yield many descriptive results.

Attachments:

• Regional_Marcellus-thickness_cntrlpts_8x111.jpg, 362 KB

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Permalink Reply by Ewing Walker on May 28, 2013 at 4:53am

terry engelder says that the Utica is thick enough.

 

tell your friends in olean to straighten out the mayor who is against fracking.

 

many others too.

 

do some pr. the jobs are needed there.

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Permalink Reply by Marinell on May 28, 2013 at 5:44am

NO politics on this blog.

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Permalink Reply by Billy Park Whyde on May 28, 2013 at 7:30am

I wouldn't call it politics, I'd call it economics!

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Permalink Reply by David Cain on May 28, 2013 at 2:41pm

David,

I was hoping you would weigh in on this post.  I think this is your neck of the woods and wanted to get your opinion.  I follow what is going on in OH but am not too familiar with PA/NY.  I don't know of many Utica wells that have been drilled in northern PA.  The only one I have heard rumors of is one in Forest county PA which is reportedly wet gas.  In OH the wet gas fairway seems to fall between the 6,000 and 8,000 foot depths of the Utica.  I know depth is only one factor, but if you follow the depth maps, the southern part of Allegany is in the 6,000+ ft. depth.  Do you think it is possible that wet gas would exist in southern Allegany?  Do you know of any other Utica wells in the area?  I have friends that are attempting to purchase a vacation property in Cuba also with the hopes that it will pan out for oil/gas.  

Thanks,

Dave Cain

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Permalink Reply by David Perotto on May 29, 2013 at 1:12pm

Hi Dave,

Cuba is a bit north of the property that I own in Wirt, NY. The Utica depth in the area should be around 6,000 feet. It has not been shown to be wet in southern Allegany County, but it might contain wet gas. If it does not, it will still yield economic dry gas. The real wild card is the Devonian layers. None of the strata are very thick, but they are cumulatively considerable. The Devonian has potential to yield oil, at a lower depth (about 3,000-4,000 feet). Less pressure, but I think the science will figure out how to economically pump it out. Time will tell. How that strata plays out will be interesting. I firmly believe the Marcellus will be good, along the PA border. This area has a very high total organic carbon , while being just thick enough to produce.

I also own land in Northern Allegany and only hope to get Utica dry gas from that property. But that could still be lucrative. I will watch and learn as it develops.

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