Representatives of Summit Petroleum and BEN Energy presented a proposal to dig a new oil and gas well on Evamere Elementary School property to the Hudson Board of Education at its meeting on Monday.
This is the second proposal for this well. After an initial presentation several months ago, the company was asked to find an access route to a well further away from areas in use for sports activities.
Summit currently operates two wells located on high school property.
Brad Nelson of BEN Energy, said that the proposed well would be vertical only, and confined to an area half the size of a standard parking space.
There would be no issues of odor or noise, and it would take approximately six days to drill. Upon completion, the well area would be fenced off to prevent unauthorized access.
Potential earnings for the district, according to Nelson, could range from $71,000-$117,000 the first year, with cumulative earnings of $217,000-to $369,000 by the tenth year. The district would also receive 300,000 cubic feet of free gas.
Board members expressed concerns over safety, including Steve DiMauro who said the board and district's "tolerance for risk was probably very minimal."
Bill Kinney of Summit acknowledged that drilling for oil and gas was "difficult and dangerous," and added that Summit "never had an incident in Hudson, or any major incident at any of its wells."
He also said that Summit employees would monitor the well on a near-daily basis.