Talisman Energy Inc
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| A May, 2009 report had a much more upbeat-sounding outlook than the previous paragraph, stating that Marcellus drilling activities were increasing in both Pennsylvania counties of Tioga and Bradford. Fortuna planned to have up to 50 [[Horizontal drilling|horizontal]] Marcellus wells drilled in the two counties by the end of 2009. A gathering pipeline system was also being built for the newly drilled wells. It was mentioned that the company was having some difficulties in finding sufficient hotel rooms and lodging for all its new personnel being brought into the area. | A May, 2009 report had a much more upbeat-sounding outlook than the previous paragraph, stating that Marcellus drilling activities were increasing in both Pennsylvania counties of Tioga and Bradford. Fortuna planned to have up to 50 [[Horizontal drilling|horizontal]] Marcellus wells drilled in the two counties by the end of 2009. A gathering pipeline system was also being built for the newly drilled wells. It was mentioned that the company was having some difficulties in finding sufficient hotel rooms and lodging for all its new personnel being brought into the area. | ||
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| + | A second May, 2009 report indicated at least seven Fortuna wells having been drilled in western Bradford County. | ||
| * James O’Driscoll is Fortuna's President. | * James O’Driscoll is Fortuna's President. | ||
| * Mark Scheuerman is the company's Manager of Media and Legal Affairs. | * Mark Scheuerman is the company's Manager of Media and Legal Affairs. | ||
| * Rick Kessy is Manager of Operations and Engineering. | * Rick Kessy is Manager of Operations and Engineering. | ||
Revision as of 06:21, 30 May 2009
Here is where some info about Fortuna Energy Inc. 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!
Fortuna Energy Inc. is a subsidiary of Talisman Energy Inc., of Calgary, Alberta, Canada. Since its inception in 2002 it has acquired vast holdings of Trenton-Black River (TBR) drilling rights in the States of New York and Pennsylvania from several other energy companies. The company has dozens of successful TBR wells in New York State and is now the State's largest natural gas producer.
In September, 2008, the Horseheads, New York-based Fortuna Energy was reported having won two leases in competitive bidding for tracts in the State of Pennsylvania's forest lands in Tioga and Lycoming Counties. Eighteen tracts were offered for bid.
A late September report indicated Fortuna was drilling near Elmira, N.Y.
An October, 2008 report found the company having recorded 100 leases in Bradford County, Pennsylvania during 2008.
A report later in October stated that Fortuna owns roughly 1 million acres of drilling rights in the Southern Tier of New York and in Pennsylvania. Some of their leases expire in 2009. One of the company's challenges will be to form units large enough to drill on out of what is left after these expirations.
In December, 2008 a news report appeared in which it was mentioned that Fortuna was using a dry well in Van Etten, NY, located approximately thirty-five miles west of Binghamton, for storage of drilling brines. It was stated that the brines were from a 9,000 foot Trenton-Black River well in the area.
In February, 2009 it was reported that Fortuna is very actively drilling in Western Bradford County, PA.
In April, 2009 Fortuna announced that it is opting out of lease extensions in Tioga County, New York. This county is roughly half way on a straight line drawn between Elmira and Binghamton in New York State's Southern Tier. The company cited the poor economy as well as an uncertain state regulatory environment as reasons for the action. Property owners were given the opportunity to continue on with Fortuna, but receive retroactive lease payments only if and when the company takes the leases back up. Otherwise they were to be canceled. All of the leases involved were intended for Marcellus shale development.
A May, 2009 report had a much more upbeat-sounding outlook than the previous paragraph, stating that Marcellus drilling activities were increasing in both Pennsylvania counties of Tioga and Bradford. Fortuna planned to have up to 50 horizontal Marcellus wells drilled in the two counties by the end of 2009. A gathering pipeline system was also being built for the newly drilled wells. It was mentioned that the company was having some difficulties in finding sufficient hotel rooms and lodging for all its new personnel being brought into the area.
A second May, 2009 report indicated at least seven Fortuna wells having been drilled in western Bradford County.
- James O’Driscoll is Fortuna's President.
- Mark Scheuerman is the company's Manager of Media and Legal Affairs.
- Rick Kessy is Manager of Operations and Engineering.
