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Dispute settled
- 04/06/2025 (Full story)
Retroactive to Jan. 1, Santos' operating subsidiary in Alaska, Oil Search (Alaska), and ConocoPhillips Alaska entered into a Kuparuk River Unit Road Use and Maintenance Agreement that will impact Santos exploration and development in northern Alaska, in particular in the Pikka, Quokka, and Horseshoe....
AGDC, Glenfarne deal set
- 04/06/2025 (Login to read Full story)
The Alaska Gasline Development Corp. has been working to recruit a private company to move the Alaska LNG Project through to a final investment decision and on March 27 AGDC and Glenfarne Alaska LNG LLC, an affiliate of Glenfarne Group LLC, said they had reached a definitive agreement.
Glenfarne be....
ANS tests upper $70s
- 04/06/2025 (Login to read Full story)
Alaska North Slope crude continued its run in the upper $70s April 2 despite moving 55 cents lower to close at $76.26 per barrel. West Texas Intermediate gained 51 cents on the day to close at $71.71 and Brent gained 46 cents to close at $74.95.
WTI and Brent turned sharply lower in Asian trading af....
Oil patch insider: Early bird registration kicks off
for AOGA's annual conference - 04/06/2025 (Login to read Full story)
Registration for the Alaska Oil and Gas Association's 2025 annual conference is now open.
This years conference and kickoff party will be held Aug. 26-28 at the Dena'ina Center in Anchorage.
The action-packed event is your annual opportunity to connect with oil and gas industry leaders and experts.
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Furie signs with Hilcorp for use of Spartan 151 jack-up this year
- 04/06/2025 (Login to read Full story)
Furie Operating Alaska said March 31 that it has renewed an agreement with Hilcorp Jack-Up Rig Co. for use of the Spartan 151 jack-up, the only jack-up in Cook Inlet, during this year's drilling season.
Furie said it plans up to two natural gas wells beginning as early as mid-April.
"Furie recentl....
Hilcorp permitting new pad at Pretty Creek on inlet's west side
- 04/06/2025 (Login to read Full story)
Hilcorp Alaska is permitting a second pad at the Pretty Creek unit on the west side of Cook Inlet. The small gas field was brought online by Union Oil Company of California in late 1986, producing from a single well with production becoming sporadic and a second well brought online in late 2001. Cle....
ANS production down by 0.8% in February
- 04/06/2025 (Login to read Full story)
Alaska North Slope production averaged 485,263 barrels per day in February, down 0.77%, 3,759 bpd, from a January average of 489,022 bpd but up 0.7% from a February 2024 total of 481,904 bpd. Crude production, 88.59% of the total, averaged 429,900 bpd in February, down 3,258 bpd, 0.75%, from a Janua.... |
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Sidebar: Cook Inlet gas up 2.85% - 04/06/2025 (Login to read Full story)
Natural gas production from Cook Inlet averaged 192,567 thousand cubic feet per day in February, up 5,341 mcf per day, 2.85%, from a January average of 187,226 mcf per day but down 6.78% from a February 2024 average of 206,568 mcf per day.
Volumes are calculated from Alaska Oil and Gas Conservation....
Alaska-Mackenzie Rig Report - 04/06/2025 (Login to read Full story)
Alaska-Mackenzie Rig Report - You must be a logged in subscriber to read this report.....
Baker Hughes US rig count down 1 at 592 - 04/06/2025 (Login to read Full story)
The Baker Hughes' U.S. rotary drilling rig count was 592 on March 28, down by one from the previous week, down by 29 from 621 a year ago and unchanged from two weeks ago. Over the last eight weeks the rig count was up in five weeks, down in two and unchanged in one with a combined gain of 12 against....
Explorers Preview: Key milestone for 88E's Project Phoenix
- 04/06/2025 (Login to read Full story)
Throughout 2024, Australia-based 88 Energy Limited's efforts centered on advancing key projects, optimizing its portfolio and positioning the company to unlock future value, the company said in its 2024 annual report released March 4, 2025.
The successful flow test at the Hickory-1 well on Alaska's....
Maximum Arctic sea ice extent at record low - 04/06/2025 (Login to read Full story)
The Arctic sea ice cover has reached its maximum extent for this winter, with the lowest extent recorded since satellite recording of the ice cover began 47 years ago, the National Snow and Ice Data Center has reported. The ice cover appeared to have reached a maximum extent of 5.53 million square m....
This month in history: Exploration heads north of Barrow Arch
- 04/06/2025 (Login to read Full story)
Editor's note: This story first appeared in the April 3, 2005, issue of Petroleum News.
Does the MMS Beaufort Sea lease sale held in late March 2005 signal the beginning of a new era for the Alaska oil and gas industry?
Traditional exploration plays in northern Alaska have tended to focus on a struc....
Oil patch bits: EXP delivers solutions for Bombardier's aircraft assembly center - 04/06/2025 (Login to read Full story)
As reported by EXP News March 31, EXP has contributed project management services to various components of the design and development of Bombardier's new Global Aircraft Assembly Centre at Toronto Pearson International Airport. The project is a milestone for the Canadian aerospace industry, as it wi.... |
