Norse Energy
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| - | Lysaker, Norway-based''' Norse Energy Corp.''', or its North American subsidiary, '''Nornew, Inc.''', with offices in Norwich, NY, northeast of Binghamton, in eastern Chenango County, NY, reported in August, 2008 to have drilled eleven wells in the previous twelve months in Chenango County. It has been active in that county since 1996. Later reports indicated that all eleven were successful in fractured Silurian [[Herkimer formation|Herkimer]] sandstone. | + | Lysaker, Norway-based''' Norse Energy Corp.''', or its North American subsidiary, '''Nornew, Inc.''', with offices in Norwich, [[New York]], northeast of Binghamton, in eastern Chenango County, was reported in August, 2008 to have drilled eleven wells in the previous twelve months in that same county. It has been active in Chenango since 1996. Later reports indicated that all eleven were successful in fractured Silurian [[Herkimer formation|Herkimer]] sandstone. |
| In Septeber, 2008 the company announced that two of its wells in northern Chenango County have been producing approximately one million cubic feet of natural gas per day each from the Herkimer formation. The well locations have never been disclosed, but Norse has several wells along county Rt. 16 in Smyrna and Plymouth. Production from these wells flows out through a [[New York State Gas & Electric]] or [[Dominion Transmission Inc.|Dominion]] line | In Septeber, 2008 the company announced that two of its wells in northern Chenango County have been producing approximately one million cubic feet of natural gas per day each from the Herkimer formation. The well locations have never been disclosed, but Norse has several wells along county Rt. 16 in Smyrna and Plymouth. Production from these wells flows out through a [[New York State Gas & Electric]] or [[Dominion Transmission Inc.|Dominion]] line | ||
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| It has also set up a gas compression station at the northern end of its zone of operations so as to pump gas into a Dominion pipeline running through Madison County. Covering more than fifty miles, Norse's gas transportation and gathering pipelines anchor their acreage and add considerable value to it. | It has also set up a gas compression station at the northern end of its zone of operations so as to pump gas into a Dominion pipeline running through Madison County. Covering more than fifty miles, Norse's gas transportation and gathering pipelines anchor their acreage and add considerable value to it. | ||
| - | Nornew has a pipeline underway that runs south through Chenango County to connect up with the Millennium Pipeline in Broome County. It will be completed in 2010, and travels from Plymouth to Preston, Oxford, Coventry and Afton. Offshoots from this main line connect up with individual wells located along the way. | + | Nornew has a pipeline underway that runs south through Chenango to connect up with the Millennium Pipeline in Broome County. It will be completed in 2010, and travels from Plymouth to Preston, Oxford, Coventry and Afton. Offshoots from this main line connect up with individual wells located along the way. |
| - | According to a November, 2008 report, Norse's [[Marcellus shale]] leasehold is roughly 175,000 acres. | + | According to a November, 2008 report, Norse's total [[Marcellus shale]] leasehold is roughly 175,000 acres. |
| - | In December, 2008 the company stated that it had drilled 33 wells during 2008 in New York State and plans 25 more wells into the [[Herkimer formation]] in 2009. The company continues to drill numerous wells in Chenango County among other counties in the State. | + | In December, 2008 the company stated that it had drilled 33 wells during 2008 in New York State and plans 25 more wells into the [[Herkimer formation]] in 2009. The company continues to drill numerous wells in Chenango among other counties in the State. |
| - | Nornew was in the news in March, 2009 with a gas rig fire in southern Madison County near the town of Lebanon on the Chenango County border. According to the same report, another well fire had occurred a couple of months earlier about two miles from this location. It was mentioned that Nornew has around 100 wells in the area of Lebanon and the neighboring town of Smyrna. This fire occurred in a very isolated area, and no reason for its starting was given. | + | Nornew was in the news in March, 2009 with a gas rig fire in southern Madison County near the town of Lebanon on the border with Chenango County. According to the same report, another well fire had occurred a couple of months earlier about two miles from this location. It was mentioned that Nornew has around 100 wells in the area of Lebanon and the neighboring town of Smyrna. This fire occurred in a very isolated area, and no reason for its starting was given. |
| - | The company's Q4, 2008 ''Quarterly Report'' states that its reserves are estimated at 1.2 bcf per Herkimer well, and that the last five horizontal wells drilled have averaged 1 mcf/d. | + | The company's Q4, 2008 ''Quarterly Report'' states that its reserves are estimated at 1.2 bcf per Herkimer well, and that the last five [[Horizontal drilling|horizontal]] wells drilled have averaged 1 mcf/d. |
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| + | An April, 2009 update mentioned that Nornew had identified a minimum of 250 prospective locations in the Herkimer formation on its 130,000 acres in central New York. The report also mentioned that the company's two most recent wells had production rates of 2.5 MMcf/d. As of late April, five successful horizontal Herkimer wells had been drilled in 2009, and 18 previously drilled ones to various formations were awaiting pipeline hookup. | ||
| Øivind Risberg is Norse's Chief Executive Officer | Øivind Risberg is Norse's Chief Executive Officer | ||
Revision as of 05:27, 25 April 2009
Here is where some info about Norse Energy Corp. should go. This article is still a stub and needs your attention. It does not have a template and contains minimal information. Please dive in and help it grow!
Lysaker, Norway-based Norse Energy Corp., or its North American subsidiary, Nornew, Inc., with offices in Norwich, New York, northeast of Binghamton, in eastern Chenango County, was reported in August, 2008 to have drilled eleven wells in the previous twelve months in that same county. It has been active in Chenango since 1996. Later reports indicated that all eleven were successful in fractured Silurian Herkimer sandstone.
In Septeber, 2008 the company announced that two of its wells in northern Chenango County have been producing approximately one million cubic feet of natural gas per day each from the Herkimer formation. The well locations have never been disclosed, but Norse has several wells along county Rt. 16 in Smyrna and Plymouth. Production from these wells flows out through a New York State Gas & Electric or Dominion line
An October, 2008 report indicated Norse owns drilling rights on 130,000 acres in Broome, Chenango and Madison counties in New York. It has drilled two additional wells near Norwich, New York, and built a gathering system there.
The company also plans to drill in central Broome County, where it can ship gas out through the Millennium Pipeline.
It has also set up a gas compression station at the northern end of its zone of operations so as to pump gas into a Dominion pipeline running through Madison County. Covering more than fifty miles, Norse's gas transportation and gathering pipelines anchor their acreage and add considerable value to it.
Nornew has a pipeline underway that runs south through Chenango to connect up with the Millennium Pipeline in Broome County. It will be completed in 2010, and travels from Plymouth to Preston, Oxford, Coventry and Afton. Offshoots from this main line connect up with individual wells located along the way.
According to a November, 2008 report, Norse's total Marcellus shale leasehold is roughly 175,000 acres.
In December, 2008 the company stated that it had drilled 33 wells during 2008 in New York State and plans 25 more wells into the Herkimer formation in 2009. The company continues to drill numerous wells in Chenango among other counties in the State.
Nornew was in the news in March, 2009 with a gas rig fire in southern Madison County near the town of Lebanon on the border with Chenango County. According to the same report, another well fire had occurred a couple of months earlier about two miles from this location. It was mentioned that Nornew has around 100 wells in the area of Lebanon and the neighboring town of Smyrna. This fire occurred in a very isolated area, and no reason for its starting was given.
The company's Q4, 2008 Quarterly Report states that its reserves are estimated at 1.2 bcf per Herkimer well, and that the last five horizontal wells drilled have averaged 1 mcf/d.
An April, 2009 update mentioned that Nornew had identified a minimum of 250 prospective locations in the Herkimer formation on its 130,000 acres in central New York. The report also mentioned that the company's two most recent wells had production rates of 2.5 MMcf/d. As of late April, five successful horizontal Herkimer wells had been drilled in 2009, and 18 previously drilled ones to various formations were awaiting pipeline hookup.
Øivind Risberg is Norse's Chief Executive Officer
Steven Keyes is its Vice President of Operations.
David Holbrook is a company spokesman.
