Ohio group wins oil and gas rights near Madras

| Print |  Email
Archives - May 2008
Thursday, May 01, 2008

JEFFERSON COUNTY Under the watchful eye of a regional conservation group, an out-of-state energy company hopes to be drilling for natural gas southeast of Madras by year’s end. Like other potential natural gas facilities in the state, the Central Oregon proposal may pit California energy needs against Oregon land-use issues.

On March 13, Ohio-based Bass Energy and its partners won a Bureau of Land Management lease auction for oil and gas rights to roughly 9,000 acres in Jefferson County. It’s not certain that fossil fuels even exist in the area.

“It’s pure exploration,” says William Hlavin, president and CEO of the private company. “We could drill a dry hole and walk away with our tails between our legs.”

California’s demand for natural gas, and energy in general, says Hlavin, is what makes the risk financially worthwhile. Despite the uncertainty, the company’s own geological studies over the past five years suggest the possibility of natural gas deposits, says Hlavin. He declined to say how much money he estimates there is to be made.

The site lies within the Crooked River National Grasslands and is a critical habitat for mule deer and elk. That has the Bend-based Oregon Natural Desert Association concerned over how a drilling operation would impact the local wildlife and environment.

“Our response will have to do with where they propose a site,” says executive director Brent Fenty. “We will certainly be watching.”

JASON SHUFFLER



Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

The Carbon Calculus

February 2015
Friday, January 23, 2015
BY KIM MOORE | OB RESEARCH EDITOR

Carbon pricing is gaining momentum in Oregon, sparking concern for energy-intensive businesses — but also opportunity to expand a homespun green economy.


Read more...

Ski traffic

Linda Baker
Tuesday, January 20, 2015
0121-skiway-thumbBY LINDA BAKER | OB EDITOR

A place-based multimodal transportation plan for Mt. Hood is long overdue.


Read more...

On the Brink

March 2015
Friday, February 20, 2015
BY APRIL STREETER | OB CONTRIBUTOR

Leslie Carlson channels the big idea.


Read more...

4 married couples who work together

The Latest
Thursday, January 22, 2015
IMG 0020BY JACOB PALMER | OB DIGITAL NEWS EDITOR

They say maintaining a healthy marriage takes work. So does running a business with your spouse.


Read more...

Downtown flower shop readies for the Valentine's Day rush

The Latest
Monday, February 09, 2015
021015-giffords-thumbBY MEGHAN NOLT

VIDEO: Gifford's Flowers brings family approach to PSU-area shop.


Read more...

Downtime with the president of NAI Norris, Beggs & Simpson

March 2015
Monday, February 23, 2015
BY JESSICA RIDGWAY | OB CONTRIBUTOR

Live, Work, Play: Catching up with Chris Johnson.


Read more...

The city as startup

Guest Blog
Wednesday, January 14, 2015
011415 citystartup-thumbBY NISHANT BHAJARIA | OP-ED CONTRIBUTOR

Startups in the growth phase are associated with a fresh infusion of capital — human and financial — a curiosity factor and products to disrupt the market and drive demand. Portland’s economy gives off the same aroma.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS