ANS soars beyond $75
- 02/09/2025 (Full story)
Alaska North Slope crude made a dramatic move upward to the high side of $75 Feb. 4, up $1.41 to close at $75.32 per barrel. West Texas intermediate fell 46 cents to close at $72.70 and Brent rose 24 cents to close at $76.20.
On Feb. 5, prices reversed and ANS dropped $1.36 to close at $73.96, WTI p....
Preliminary cost issue
- 02/09/2025 (Login to read Full story)
In a Feb. 4 order the Regulatory Commission of Alaska denied a request from Anchorage based gas utility Enstar Natural Gas Co. to waive the normal statutory notice period for a tariff change, to enable a funding mechanism for the initial stages of a project for construction of a liquefied natural ga....
Grey Owl expanded
- 02/09/2025 (Login to read Full story)
On Jan. 31, Derek Nottingham, director of the Alaska Department of Natural Resources' Division of Oil and Gas, signed the approval of a proposed expansion of the Grey Owl unit, or GOU, that was submitted on Feb. 21, 2024, by Savant LLC, which owns 100% of the working interest in the GOU. The divisio....
Oil patch insider: Bill Armstrong on Alaska oil; 88's Leonis well; Beyer appointed - 02/09/2025 (Login to read Full story)
In a Jan. 24 interview with FOX News reporter Dana Perino, successful Alaska explorer Bill Armstrong talked about how he thinks President Donald J. Trump's energy policies will unlock Alaska's oil and gas resources.
Perino on FOX's America's Newsroom asked Armstrong why this administration change is....
RRC coordination of Railbelt electrical system moving ahead - 02/09/2025 (Login to read Full story)
In a Jan. 30 meeting of the House Energy Committee Ed Jenkin, chief executive officer of the Railbelt Reliability Council and Lou Florence, chair of the organization's board, talked about the organization's objectives and its progress towards achieving those objectives. Established to improve the ef.... |
|
AGDC updates legislators on its Alaska LNG and phase 1 proposal - 02/09/2025 (Login to read Full story)
Frank Richards, president of the Alaska Gasline Development Corp., provided an update to the Alaska House Finance Committee Jan. 28 on AGDC's $44 billion Alaska LNG Project and on the corporation's phase 1 plan, which would start by building the pipeline so natural gas could be shipped to Southcentr....
CCUS regs update for Senate Resources
- 02/09/2025 (Login to read Full story)
The Senate Resources Committee got an update Jan. 29 on the status of the state's carbon capture utilization and storage program, enacted into law by the Legislature in House Bill 50 in 2024.
Haley Paine, deputy director of the Department of Natural Resources' Division of Oil and Gas provided DNR's....
This month in history: Property rights: gas line fighting words - 02/09/2025 (Login to read Full story)
If blunt speaking is any indication the Alaska gas pipeline project is definitely moving forward.
Pipeline and gas owners argued their cases in front of the Alaska Support Industry Alliance 'Meet Alaska' conference Jan. 27, 2005, in Anchorage ' complete with threats of court action.
It isn't just....
Baker Hughes US rig count up by 6 at 582
- 02/09/2025 (Login to read Full story)
The Baker Hughes' U.S. rotary drilling rig count was 582 on Jan. 31, up by six from the previous week, down by 37 from 619 a year ago and up six from two weeks ago. Over the last eight weeks the rig count was unchanged in four weeks, down in three and up in one week with a loss of 13 and a gain of s....
Colville, Kuparuk pad expansions approved
- 02/09/2025 (Login to read Full story)
The Alaska Department of Natural Resources' Division of Oil and Gas recently approved three pad expansions requested by ConocoPhillips Alaska, two at the Colville River unit and one at the Kuparuk River unit.
The Jan. 30 Kuparuk approval is for a gravel expansion at Drill Site 3T. The expansion is.... |