How much shale gas could be produced in NY? Researchers and industry experts to present new analysis at Cornell University.
Ithaca, N.Y— Lou Allstadt and Chip Northrup, experts in drilling technologies and the economics of the gas industry, along with Jerry Acton, a systems engineer, and geologist Brian Brock, will give a free presentation on assessing the potential for shale gas drilling in New York State.
Having studied 5 years of shale gas production records from Pennsylvania and test wells in NY, they have compiled enough information from public and industry sources to confidently address where the Marcellus and Utica could be productive for drilling in New York, given current technology and economic conditions. And just as importantly, they predict where it is unlikely to be economically productive.
The team will present the results of their research at Cornell University on Wednesday evening, October 30 at 7:00. The event will be moderated by Dr. Anthony Ingraffea, professor of engineering at Cornell University.
Ever since 2008, when the gas industry began drilling exploration wells in the Marcellus and Utica shale, landowners, elected officials, concerned citizens, and planners have been wondering, “how much gas is there?” Estimates of the amount of retrievable methane gas in New York have varied widely and changed over the years as more information became available. The NY Department of Environmental Conservation gives the estimate a very wide range (between 40 and 237 trillion cubic feet) for the amount of gas in New York’s Marcellus. The U.S. Geological Survey estimates 84 TCF for the whole Marcellus region, which spreads across four states.
Research by the presenters on this hot-button issue considered many perspectives, including geology, actual production records, leasing patterns, test well results, analogous trends in other shale gas regions around the U.S., economics, state and local restrictions on drilling, the role of financial institutions, and more.
Wednesday, October 30, 7:00 pm,
Hollister Hall Auditorium (Room B-14),
4 Central Avenue,
Cornell University, Ithaca, NY. The event is free and open to the public.
Additional parking available in Dryden Avenue Public Parking Garage,
PRESS INTERVIEWS The presenters will be available for interviews before and after the presentation. Contact: Chip Northrup, E-mail: firstname.lastname@example.org, Phone: (214) 502-6464
James “Chip” Northrup, MBA Wharton, retired, oil and gas investor and former planning manager at Atlantic Richfield.
Jerry Acton, BS U.S. Naval Academy. Former Systems Engineer at Lockheed Martin.
Lou Allstadt, MBA Columbia, BS US Merchant Marine Academy. Retired, Senior Vice President at Mobil Oil in charge of North American operations.
Brian Brock, Retired geologist who has done work for the US Geological Survey and New York Geological Survey.
Tompkins County Council of Governments
Cornell Cooperative Extension of Tompkins County
Tompkins County League of Women Voters
Cornell Sustainability Hub
Sustainability at Ithaca College
Ithaca First Presbyterian Committee on Justice, Peace and Integrity of Creation
Contact: Chip Northrup, E-mail: email@example.com, Phone: (214) 502-6464