[quote=1trueamer That being said, the marcellus has no "oil" in the northern and central parts of the state. [/quote]
1true i don't know if you are completely correct on this. My brother works for a gas company in the northern tier in Mckean,Potter and southern tier of New york (not drilling Marcellus field)and they are pulling large amounts of crude out of the same wells, at the same time they are getting natural gas drilling at 1,300 - 2,500 foot depths. I don't know if you have ever driven through that area put it is not hard 2 see all the "jacks" & tanks pumping and collecting oil. I know of one location 1/4 mile from my grandfathers farm were the oil doesn't even need to be pumped from the below. It runs out of the side of the mountian into a rubber lined pond and is collected by a pump truck every week.It's gone on like this for over 25 years. Mckean county is well know for it's oil play hence the town names of Kendall,Derrick city and Tarport. Tarport in 1879 produced approx 50,000, yes 50 thousand, barrels of oil per day from just ten wells. In Bradford on a 85,000 acre field peak production in 1881 was approx 23 MILLION barrels in one year which accounted for 83% of the nations output and 77% of the worlds total production. Pretty amazing for having no "oil" in the northern and central parts of the state. And if they did it then some 130 years ago, we certainly can do it today with all the advancements we have made in the oil and gas industry. And hey if you are putting in a "gas" well why not collect the oil if it's there? I say go for it !!!
Honesty is my only excuse.