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Oil patch bits: Calista Corporation notes holding line leadership transition - 01/18/2026 (Login to read Full story)
Calista Corporation's holding line specializing in construction, environmental services and engineering, Calista Brice LLC, is entering 2026 with a long-planned leadership transition.
Sam Robert Brice, the outgoing president of Calista Brice, is a third-generation leader of the Brice companies. His....
Geopolitics hike ANS
- 01/18/2026 (Login to read Full story)
Alaska North Slope crude jumped $1.35 Jan. 13 to close at $65.56 per barrel as President Trump halted talks with Iran's government officials and encouraged protesters against the regime in the country while hinting at a military strike if the government continued to kill demonstrators. West Texas In....
Hilcorp continues P&A
- 01/18/2026 (Login to read Full story)
Hilcorp Alaska is continuing its work to plug and abandon wells on inactive platforms in Cook Inlet.
In Other Order 193.001, issued Jan. 6, the Alaska Oil and Gas Conservation Commission conditionally approved an Aug. 21 request from Hilcorp to modify the plan set out in OO 193, issued in May 2022,....
Gas storage customers - 01/18/2026 (Full story)
Hilcorp Alaska Gas Storage LLC, the recently formed natural gas storage affiliate of Hilcorp Alaska, has started signing up customers for its gas storage services on the Kenai Peninsula. As previously reported by Petroleum News, Hilcorp has opened up to other businesses the use of depleted gas reser....
Revised Greater Point Thompson
Unit formation approved for Donkel - 01/18/2026 (Login to read Full story)
On Jan. 8 Alaska Division of Oil and Gas Director Derek Nottingham notified Daniel K. Donkel of Donkel Oil & Gas LLC that the division has approved a revised Greater Point Thomoson Unit formation.
In the approval notification the Alaska Department of Natural Resources' Division of Oil and Gas said i....
Glenfarne and Donlin Gold propose
gas pipeline from Southcentral - 01/18/2026 (Login to read Full story)
On Jan. 7 Glenfarne Alaska LNG LLC and Donlin Gold LLC announced the signing of a non-binding letter of intent for the construction of a 315-mile natural gas pipeline from Southcentral Alaska to the planned Donlin gold mine, 10 miles north of the village of Crooked Creek on the Kuskokwim River. The....
Feb. 3 first day to bid in Alaska
Peninsula, Cook Inlet O&G sales - 01/18/2026 (Login to read Full story)
On Jan. 12 the Alaska Department of Natural Resources' Division of Oil and Gas posted a notice of sale for the Alaska Peninsula Areawide 2026 and Cook Inlet Areawide 2026 competitive oil and gas lease sales, offering State of Alaska lands. This notice is available on the State of Alaska Online Publi....
EIA sees lower oil prices, US production
- 01/18/2026 (Login to read Full story)
In its January Short-Term Energy Outlook, released Jan. 13, the U.S. Energy Information Administration forecast that the Brent crude oil price would average $56 per barrel this year, down from $69 per barrel last year, and drop further to $54 per barrel in 2027.
U.S. crude oil production, which set.... |
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AOGCC drops $100k Hilcorp fine to $30k - 01/18/2026 (Login to read Full story)
The Alaska Oil and Gas Conservation Commission has reduced a proposed fine against Hilcorp Alaska from $100,000 to $30,000.
The commission notified Hilcorp on July 31 of a proposed enforcement action for an unauthorized change the company made to the casing used in Granite Point State 17586 011, a....
Turnagain Arm tidal energy permitting
- 01/18/2026 (Login to read Full story)
Turnagain Arm Tidal Energy Corp. has applied to the Federal Energy Regulatory Commission for a four-year extension to its preliminary permit for a proposed tidal energy system in the Turnagain Arm. The company's original permit was issued in 2021. The company has asked for an extension from July 1,....
Coastal areas open for tundra travel - 01/18/2026 (Login to read Full story)
The Alaska Department of Natural Resources' Division of Mining, Land & Water has opened both the eastern and western coastal areas of the North Slope for winter off-road tundra travel.
The western coastal area opened Dec. 31 followed by the eastern coastal area Jan. 9.
Soil temperatures and snow c....
Baker Hughes US rig count down 2 at 544 - 01/18/2026 (Login to read Full story)
Baker Hughes' U.S. rotary drilling rig count was 544 on Jan. 9, down two from the previous week. The domestic rig count has ranged from the 530s through the 550s since the beginning of June.
For 2025, the count peaked Feb. 28 (and again March 21) at 593, hitting its low point Aug. 29 at 526. For 20....
DNR premiers comprehensive CCUS hub - 01/18/2026 (Login to read Full story)
The Alaska Department of Natural Resources said Dec. 30 that it has launched the Alaska CCUS Hub, https://alaska-ccus-hub-soa-dnr.hub.arcgis.com/, to provide "a centralized, user-friendly platform that brings together decades of geological, technical and regulatory data from across the entire state....
Trends sees growth in O&G jobs in 2026 - 01/18/2026 (Login to read Full story)
Alaska Economic Trends, the monthly publication of the Alaska Department of Labor and Workforce Development, said in its January issue on the 2026 jobs forecast that it expects the state to add 3,000 jobs this year, topped by growth in oil and gas, health care, construction and transportation.
The....
Great Bear seismic data set for release - 01/18/2026 (Login to read Full story)
The Alaska Department of Natural Resources' Division of Oil and Gas will release and make available to the public the following exploration data and information, as submitted to the division, no less than 30 days following its Jan. 7 notice about the release.
(See map in the online issue PDF)
The.... |