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Leap of faith
- 11/03/2024 (Login to read Full story)
Furie Operating, a HEX Cook Inlet company, recently drilled a sidetrack in search of natural gas using the Spartan 151 jack-up in its Kitchen Lights unit in Cook Inlet. Work on the sidetrack was being finished on Oct. 30.
HEX risked drilling even though the Alaska Department of Natural Resources, or....
War spike implodes - 11/03/2024 (Login to read Full story)
Alaska North Slope crude bounced Oct. 30 to claw back part of a 6% slide on Oct. 28 -- up some 2% on a surprise drawdown of U.S. crude and gasoline inventories.
The Organization of the Petroleum Exporting Countries and its allied producing nations added additional optimism with reports that the car....
A new electric tariff
- 11/03/2024 (Login to read Full story)
On Oct. 24 Chugach Electric Association made a new tariff filing with the Regulatory Commission of Alaska. The filing, which requires RCA approval, proposes an electricity rate rise of 4.56% for Chugach Electric's retail customers and 10.12% for electricity supplied to Seward Electric System. The fi....
AIDEA looks to spend $20M to buy more leases, do seismic, in ANWR
- 11/03/2024 (Full story)
In an Oct. 23 board meeting, the Alaska Industrial Development and Export Authority passed a resolution to spend up to $20 million to buy more leases in an expected second lease sale for the coastal plain of the Arctic National Wildlife Refuge, or ANWR, that is supposed to take place by Dec. 22, acc....
Assignment of Eni leases to Hilcorp approved effective 11/1
- 11/03/2024 (Login to read Full story)
The sale of Eni's interests in Alaska to Hilcorp appears to be advancing.
The Alaska Department of Natural Resources' Division of Oil and Gas issued an assignment approval Oct. 30 transferring the working interest in leases at Nikaitchuq and Oooguruk from Eni Petroleum US to Hilcorp Alaska effectiv....
Successful gas storage at CINGSA; storage expansion work on target - 11/03/2024 (Login to read Full story)
Summer operations at the Cook Inlet Natural Gas Storage Alaska facility on the Kenai Peninsula ran smoothly, despite the fact that a major expansion project was being conducted at the facility, Matt Federle, CINGSA director of storage operations, told the Regulatory Commission of Alaska on Oct. 24.....
Eastern, western coastal areas of Slope open for snowmobile travel - 11/03/2024 (Login to read Full story)
Snowmobile travel is now open on the eastern and western coastal areas of the North Slope for operators with valid off-road travel permits for state-owned North Slope lands, the Alaska Department of Natural Resources' Division of Mining, Land and Water said Oct. 24.
The division said it has documen.... |
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September North Slope production up 4.2%
- 11/03/2024 (Login to read Full story)
Alaska North Slope production averaged 448,085 barrels per day in September, up 4.19%, 18,038 bpd, from an August average of 430,047 bpd, but down 1.41% from a September 2023 average of 454,516 bpd. Crude oil averaged 399,957 bpd in September, 89.26% of the volume, up 12,134 bpd, 3.13%, from an Augu....
SIDEBAR: Cook Inlet natural gas up 2.38%
- 11/03/2024 (Login to read Full story)
Natural gas production in Cook Inlet averaged 191,508 thousand cubic feet per day in September, up 4,459 mcf per day, 2.38%, from an August average of 187,048 mcf per day but down 1.36% from a September 2023 average of 194,146 mcf per day.
Volumes are calculated from Alaska Oil and Gas Conservation....
Alaska-Mackenzie Rig Report - 11/03/2024 (Login to read Full story)
Alaska-Mackenzie Rig Report - You must be a logged in subscriber to read this report.....
Nikaitchuq Schrader Bluff PA expansion
- 11/03/2024 (Login to read Full story)
The Alaska Department of Natural Resources' Division of Oil and Gas has approved an application from Eni
US Operating for an expansion of the Schrader Bluff participating area at Eni's Nikaitchuq unit on the North Slope.
With the addition, the Schrader Bluff PA will consist of some 18,020 acres,....
Baker Hughes US rig count unchanged at 585 - 11/03/2024 (Login to read Full story)
The Baker Hughes' U.S. rotary drilling rig count was 585 the week ending Oct. 25, unchanged from last week, and down by 40 from 625 a year ago, after dropping one rig two weeks ago. Over the last eight weeks the rig count was unchanged in one week, down in five and up in two weeks with gains of nine....
Kuparuk Torok PA approved effective Oct. 22
- 11/03/2024 (Login to read Full story)
On Oct. 22 the state approved formation of the Torok participating area in the ConocoPhillips Alaska-operated Kuparuk River unit.
In its approval the Alaska Department of Natural Resources' Division of Oil and Gas said the area proposed by ConocoPhillips in its Aug. 31, 2023, PA application was some.... |
