News From Terre Haute, Indiana

Local & Bistate

December 11, 2013

Equipment to arrive Dec. 14 for oil drilling at Indiana State

TERRE HAUTE — After nearly two years of planning and surveying, oil drilling is about to begin on Indiana State University property.

Crews with Lawrenceville, Ill.-based Pioneer Oil Co. are scheduled to begin setting up equipment Saturday, Dec. 14, and drilling is expected to start early next week, university officials said today.

“Even though the drilling site is not on campus, we worked with Pioneer officials to schedule the start of the drilling operation during winter break in order to minimize the impact on students, faculty and day-to-day university operations,” said Diann McKee, vice president of business affairs and finance.

University trustees approved an oil and gas lease with Pioneer in February 2012. The company later commissioned seismic testing on the Indiana State campus and adjacent areas and has determined that sufficient reserves are present to warrant drilling.

The university’s agreement with Pioneer provides that equipment be located at a former industrial site on university-owned property east of campus and horizontal drilling will be used to reach oil and gas beneath the campus.

All pumping gear and related equipment will be below ground, a screen will be constructed around any tank farm related to the project. Hydraulic fracturing will not be used, McKee said.

“Pioneer Oil has experience in oil exploration in environmentally sensitive areas, including Harmonie State Park and the University of Southern Indiana, and we appreciate company officials working with us to ensure that this operation will have limited impact on the university and its neighbors,” she said.

Indiana State’s agreement with Pioneer provides for royalty payments of not less than 15 percent for all oil products that are produced. Proceeds will be placed in a dedicated fund to address deferred maintenance.

1
Text Only | Photo Reprints
Local & Bistate
Latest News
TribStar.com Poll
AP Video
Raw: Ferry Sinks Off South Korean Coast Raw: Fatal Ferry Boat Accident Are School Dress Codes Too Strict? Hundreds Missing After South Korean Ferry Sinks Passengers Abuzz After Plane Hits Swarm of Bees Freeze Leaves Florida Panhandle With Dead Trees Town, Victims Remember Texas Blast Today in History for April 16th Ukraine: Military Recaptures Eastern Airport Boston Bomb Scare Defendant Appears in Court Raw: Kan. Shooting Suspect Faces Judge At Boston Marathon, a Chance to Finally Finish Suspicious Bags Found Near Marathon Finish Line Raw: Horse Jumping Inspires 'Bunny Hop' India's Transgenders Celebrate Historic Ruling Raw: Storm Topples RVs Near Miss. Gulf Coast Pistorius Trial: Adjourned Until May 5 NASA Showcases Lunar Eclipse Disbanding Muslim Surveillance Draws Praise Tributes Mark Boston Bombing Anniversary
NDN Video
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
  • -

     

    March 12, 2010

activity