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China woe hits ANS
- 11/17/2024 (Login to read Full story)
Alaska North Slope crude posted a slight gain Nov. 13, adding 18 cents to close at $71.20 per barrel. West Texas Intermediate rose 31 cents on the day to close at $68.43 and Brent gained 39 cents to close at $72.28.
The gains were but a blip, however, on a downward trend over five trading days endin....
Grey Owl expansion
- 11/17/2024 (Login to read Full story)
On Nov. 10, the Alaska Department of Natural Resources' Division of Oil and Gas posted a public notice about an application to expand the Grey Owl unit on the Eastern North Slope by 24,164 acres. The application was signed by Glacier Oil & Gas COO David Pascal.
The proposed expansion area, consistin....
The minimum offering
- 11/17/2024 (Login to read Full story)
The Bureau of Land Management has published its final supplemental environmental impact statement for a second oil and gas lease sale in the coastal plain of the Arctic National Wildlife Refuge. The Tax Cuts and Jobs Act, passed in 2017, mandated the conducting of two ANWR coastal plain lease sales.....
Megrez well spud; Pantheon happy Trump's support of LNG line
- 11/17/2024 (Full story)
On Sunday, Nov. 10, Pantheon Resources (AIM:PANR) sent out two related announcements about important events that took place that weekend:
* The Megrez 1 well was spud on Alaska's North Slope.
* Pantheon's share price was up 17%.
* President-elect Donald J. Trump made a supportive statement on progre....
Hilcorp continues strong Milne Point drilling plans in new POD
- 11/17/2024 (Login to read Full story)
Hilcorp has been growing Milne Point production since it took over as operator (with a 50% working interest ownership) from BP Exploration (Alaska) in 2014.
The company, which acquired the remaining 50% interest in Milne with its purchase of BP Exploration (Alaska) assets in 2020, continues to grow....
Hilcorp applies to expand pad at Pretty Creek; more wells planned
- 11/17/2024 (Login to read Full story)
Hilcorp applies to expand Pretty Creek pad
Hilcorp Alaska is working on increasing production from Pretty Creek, a small west side gas field between the Beluga River and Ivan River fields.
In September the company drilled a sidetrack to the Pretty Creek Unit 2 well and it has applied to the Alaska.... |
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EIA forecasts fuel consumption increase - 11/17/2024 (Login to read Full story)
In its November Short-Term Energy Forecast, released Nov. 13, the U.S. Energy Information Administration said it expects growth in global oil consumption to be led by India, which accounts for 25% of growth in global consumption in 2024 and 2025.
The global increase in liquid fuels consumption is e....
Baker Hughes US rig count unchanged at 585 - 11/17/2024 (Login to read Full story)
The Baker Hughes' U.S. rotary drilling rig count was 585 the week ending Nov. 8, unchanged from the previous week, down by 31 from 616 a year ago and unchanged from the previous three weeks. Over the last eight weeks the rig count was unchanged in three weeks, down in four and up in one week with lo....
20 years ago: ConocoPhillips' NPR-A wells
- 11/17/2024 (Login to read Full story)
Editor's note: This story first appeared in the Nov. 21, 2004, issue of Petroleum News.
ConocoPhillips Alaska has filed applications with regulators for its winter exploration program in the National Petroleum Reserve-Alaska, with several new wells proposed, in addition to wells the company has alr....
Producers Preview: Cosmo financing pinned on HB 50 funding - 11/17/2024 (Login to read Full story)
Editor's note: This story comes from the 2024 edition of The Producers magazine, which will be published in early January 2025.
The Cosmopolitan project neatly captures the challenges of the Cook Inlet basin.
The offshore field is the largest proven and undeveloped oil and gas reserve in the Cook In....
This month in history: Seismic, possible well planned at Cosmo - 11/17/2024 (Login to read Full story)
Editor's note: This story first appeared in the Nov. 21, 2004, issue of Petroleum News.
ConocoPhillips Alaska has told state and federal officials it will begin shooting 3D seismic at the Cosmopolitan unit off the lower Kenai Peninsula in Southcentral Alaska's Cook Inlet within a year, following up....
Oil patch bits: Lynden assists OSU engineering team with Formula race car - 11/17/2024 (Login to read Full story)
As reported by Lynden News Nov. 4, earlier this year, Lynden received a request for transportation assistance for a race car built by the Global Formula Racing group at Oregon State University.
"This request aligned with our mission to support local communities where we do business, in this case th.... |
