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Old 03-22-2011, 05:51 PM
 
325 posts, read 583,380 times
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when you say the entire county, are you refering to just Potter?
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Old 03-22-2011, 05:58 PM
 
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He's referring to about half the land area of the state. Potter, Tioga, Bradford, Susquehanna, Clinton (northwest of US 220), etc.
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Old 03-22-2011, 06:23 PM
 
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Originally Posted by chuck172 View Post
when you say the entire county, are you refering to just Potter?
Tioga specifically, but the whole northern tier has shale and will be eventually developed.
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Old 03-22-2011, 06:29 PM
 
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wanneroo is 100% correct. Do not buy unless you 100% understand everything current and future about the drilling. I am local and have seen it all. 1000's of wells are planned. Not only do you have to research the property you are buying, but all properties surrounding you.

Wanneroo, can you expand on the "oil" coming out of the ground. I have heard this rumor but have not heard or seen any concrete or reliable sources for this fact? Thanks in advance.
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Old 03-22-2011, 09:39 PM
 
9,846 posts, read 22,698,861 times
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Originally Posted by PotterLocal View Post
wanneroo is 100% correct. Do not buy unless you 100% understand everything current and future about the drilling. I am local and have seen it all. 1000's of wells are planned. Not only do you have to research the property you are buying, but all properties surrounding you.

Wanneroo, can you expand on the "oil" coming out of the ground. I have heard this rumor but have not heard or seen any concrete or reliable sources for this fact? Thanks in advance.
Most people are probably unaware that PA was one of the primary producers of oil, before drillers tapped out the shallow fields and cheap oil was found in Texas. I've seen a number of old photos from 100 years ago with oil derricks all around Mansfield and Wellsboro.

I heard of one well down the street that hit oil on the way down and have heard of others. Also there are some other mentions of some big possibilities for oil that go beyond the Marcellus, which is 10-20 years down the road.
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