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Below are articles from this week's edition of Petroleum News. Subscribers must log in above to view the complete articles. Subscribe now for full access.
  • All not so shiny - 12/08/2019 (Full story) In his presentation at the Resource Development Council's annual conference in Anchorage in November, Scott Jepsen talked about the North Slope's reemergence as an oil province due to big new oil discoveries at Pikka and Willow, expanding the depiction of the renaissance by adding the North Slope's....

  • WOTUS clarity needed - 12/08/2019 (Full story) Since the enactment of the Clean Water Act in the 1970s there has been continuing contention over the scope of federal authority to require permitting under the terms of the statute. At the core of the arguments lies a lack of clarity over the specification of the waters of the United States, or WOT....

  • One small step … - 12/08/2019 (Login to read Full story) Forget the stresses and strains of the Trans Mountain expansion and Keystone XL, which still have a long wait ahead to determine whether they will ever get built. Canada's oil sands producers had cause to celebrate, if only in subdued fashion, on Dec. 1. Enbridge started to fill the C$5.3 billion Ca....

  • Oil patch insider: WSJ: Bill Armstrong and the story of the big Nanushuk oil discovery - 12/08/2019 (Login to read Full story) This Nov. 29 headline and deck in The Wall Street Journal topped a story of the man whose launched the renaissance of the North Slope's oil industry with the huge Nanushuk discovery: “The Last Prospector: A Texas Wildcatter Is Tempted by a Final Quest. Bill Armstrong bet he could find oil in a corne....

  • Furie extends Ch 11 bid deadline; inlet asset auction in progress - 12/08/2019 (Login to read Full story) The deadline to submit bids on the assets of Furie Operating Alaska LLC was extended through and including Dec. 4 at 4 p.m. Eastern Time. The extended bid deadline notice was filed Dec. 2 by the counsel to the debtors and debtors in possession. The notice modifies the Sept. 26 court order approving....

  • Two 3D seismic surveys being permitted for W, E North Slope - 12/08/2019 (Login to read Full story) In early December, the Alaska Department of Natural Resources' Division of Oil and Gas posted two public notices for geophysical exploration permits applied for by SAExploration. On Nov. 7 and on Oct. 11, respectively, the company filed an application to conduct a 368 square mile Narwhal 3D seismic....

  • Delay is Canada's LNG enemy - 12/08/2019 (Login to read Full story) The message to Canada's LNG decisionmakers was blunt: Get on with the job of approving projects or rue the day. It came in late November from Maria van der Hoeven, former executive director of the International Energy Agency, who told industry leaders in Calgary that Canada's vast global advantages....

  • New regs allow online bid submissions - 12/08/2019 (Full story) Regulation changes proposed by the Alaska Department of Natural Resources in July have been filed with the lieutenant governor's office and become effective Dec. 26, the department said in a Dec. 2 press release. DNR Commissioner Corri Feige said the regulations allow for online lease applications,....

  • AOGCC issues rules for Hansen oil pool - 12/08/2019 (Login to read Full story) BlueCrest Alaska now has pool rules from the Alaska Oil and Gas Conservation Commission for the Hansen oil pool at Cosmopolitan, an offshore accumulation in Cook Inlet which the company is developing from an onshore pad. After hearings which began in August and were completed in October, AOGCC issue....

  • Oil price outlook from economist Ed King - 12/08/2019 (Login to read Full story) Oil traders reacted to positive economic developments in October. Fears of falling consumption growth targets dissipated a bit as positive trade talks provided some relief. As the largest source of current and future demand, traders watch the U.S. and Chinese economies closely. Almost no positive pr....

  • Pikka unit Nanushuk project gets approval - 12/08/2019 (Login to read Full story) On Nov. 26, Oil Search Alaska received approval from Alaska's Division of Oil and Gas for the development phase of its Pikka unit Nanushuk project's plan of operations, for which the company filed its final paperwork on Nov. 1 The project is approximately 7 miles northeast of the community of Nuiqsu....

  • US rig count drop continues, down 1 to 802 - 12/08/2019 (Login to read Full story) Baker Hughes reports the number of rigs drilling for oil and natural gas in the U.S. continued to fall Thanksgiving week, with the count issued Wednesday Nov. 27, rather than Thursday, because of the holiday. The short week count was 802, down one from the previous week, and followed drops of three,....

  • ConocoPhillips applies to expand Alpine airstrip apron this winter - 12/08/2019 (Login to read Full story) In mid-October ConocoPhillips Alaska applied for a U.S. Army Corps of Engineers permit to work in the Sakoonang channel to expand the Alpine airstrip apron in the Colville River unit west of the central North Slope, the Corps said in a Nov. 26 public notice. The purpose of the work, which is slated....

  • Tom Stokes named DO&G director - 12/08/2019 (Login to read Full story) Tom Stokes, who has been serving as acting director of the Alaska Division of Oil and Gas since Oct. 30, has been named director, Department of Natural Resources Commissioner Corri Feige said Dec. 4. As director, Stokes will continue to supervise exploration licensing, lease sales, unit management,....

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  • Interior releases final well control regulations 04/14/2016
  • RCA approves ML&P, Chugach Electric gas field purchase 04/22/2016
  • ExxonMobil starts Point Thomson production 04/22/2016
  • Court rejects appeal against Shell air permits 12/26/2012
  • Furie permitting Kitchen Lights development 12/05/2012
  • Conoco applies for Bear Tooth permit 12/03/2012

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