Fowler Oil And Gas Begins Work June 1st, 2008
Fowler Oil and Gas dropped off equipment at the Kircher Farm just off Trunk Road over the weekend to begin building the access to a drilling pad. They plan to drill for coal bed methane on this site.
They will be using different drilling methods than those proposed by Evergreen Resources which was basically driven out of the valley four years ago. The wells will be a minimum of 1000 feet deep and any there will be no water pumped to the surface.
There is huge potential for coal bed methane development here in the Mat-Su Borough. Fowler has multiple future drill sites leased if this first one is encouraging. Here’s hoping that Fowler can find enough gas to supply South-Central Alaska and even the rest of the state.
Next thing you know we’ll be arguing about who is going to build a pipeline from Palmer to Chicago…OK, that might be stretching it a little.
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Marty Van Diest, Tele 907.232.7900 / marty[at]valleymarket[dot]com
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Sure you don’t want to drill for oil instead? Price sure seems to be good….
Oil would be nice…but gas works.
Nice to read a pro-development piece for a change!
Since our gas here in SouthCentral AK is so much cheaper than gas in the midwest for example it would be better to stay off the ‘national grid’ than to be tied in with a spur line from the North Slope which would bring considerably higher prices. Hope they strike it big!
Good point Marty, we should just keep all we can get for now.