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Below are articles from this week's edition of Petroleum News. Subscribers must log in above to view the complete articles. Subscribe now for full access.
  • Seeking partner(s) - 06/04/2023 (Login to read Full story) Shell Offshore Inc., operator and 100% working interest owner of the nearshore West Harrison Bay unit, has made it clear that while it is not interested in operating in Alaska, neither does it appear to be interested in relinquishing the 81,000-acre unit that lies so close to major Nanushuk formatio....

  • Russians are coming! - 06/04/2023 (Full story) Just as Alaska North Slope crude was mounting a recovery from near $70 per barrel and closing in on $80, Russia has been caught surreptitiously flooding the market with cheap seaborne crude, in direct violation of its agreements with the Organization of the Petroleum Exporting Countries and its alli....

  • Thomson valuation issue - 06/04/2023 (Login to read Full story) The Alaska State Assessment Review Board has partially supported the Alaska Department of Revenues 2023 property tax assessment for the Point Thomson unit while requiring adjustments in two areas. Revenues assessment of $1.25 billion was appealed by the North Slope Borough, which argued for an asse....

  • Ruling puts Alaska resource development back in state control - 06/04/2023 (Full story) On May 25, the U.S. Supreme Court limited the federal government's authority to regulate wetlands under the Clean Water Act, issuing a narrow reading of the statute's scope and definition of Waters of the United States, or WOTUS, in Sackett v. Environmental Protection Agency. The ruling has a signi....

  • Alaska Supreme Court affirms in most part North Pole case ruling - 06/04/2023 (Login to read Full story) In a May 26 decision the Alaska Supreme Court affirmed a superior court decision in a case brought by Williams Alaska Petroleum and The Williams Cos. against the state, Flint Hills Resources and Flint Hills Resources of Alaska over contaminants at the North Pole Refinery. The refinery, on leased sta....

  • First Alaska sustainability report published: The Alaska Standard - 06/04/2023 (Login to read Full story) "Beginning in 1957 with the historic oil discoveries at Swanson River, and the Prudhoe Bay discovery following shortly thereafter in 1968, Alaska established itself as the petrostate it is known for today. Alaska has managed its resource development processes responsibly through strict environmental....

  • State approves operation plan amendments - 06/04/2023 (Login to read Full story) Amendments to plans of operations in Cook Inlet and on the North Slope have been approved by the Alaska Department of Natural Resources' Division of Oil and Gas. Two of the plan amendments are for work proposed by Hilcorp Alaska in Cook Inlet; two are for work by ConocoPhillips Alaska on the North....

  • Alaska-Mackenzie Rig Report - 06/04/2023 (Login to read Full story) Alaska-Mackenzie Rig Report - You must be a logged in subscriber to read this report.....

  • April ANS averages 482,310 bpd, down 0.5% - 06/04/2023 (Login to read Full story) Alaska North Slope production averaged 482,310 barrels per day in April, down 2,629 bpd, 0.5%, from a March average of 484,939 bpd and down 1.7% from an April 2022 average of 490,741 bpd. Crude averaged 426,014 bpd, 88.3% of the total, down 538 bpd, 0.1%, from an April average of 426,551 bpd and dow....

  • Sidebar: Cook Inlet gas down 2.6% - 06/04/2023 (Login to read Full story) Natural gas production from Cook Inlet averaged 209,499 thousand cubic feet per day in April, down 5,569 mcf per day, 2.6%, from a March average of 215,068 mcf per day but up 1.8% from an April 2022 average of 205,786 mcf per day. This data is from the Alaska Oil and Gas Conservation Commission, wh....

  • This month in history: Multiple buyers look at Williams refinery - 06/04/2023 (Login to read Full story) Editor's note: This story appeared in the June 1, 2003, issue of Petroleum News Alaska. Williams Cos. now has multiple buyers looking at its North Pole refinery, which has been on the market since last June along with the company's other Alaska assets. "At this time, there is more than one potenti....

  • US rotary rig count drops again, down by 9 - 06/04/2023 (Login to read Full story) The Baker Hughes' U.S. rotary drilling rig count was down by nine to 711 the week ending May 26, from 720 on May 19. The steepest recent drop was 17 on May 12, the steepest drop since June of 2020. The May 26 count is down by 16 from a count of 727 for the same period a year ago, and the lowest the....

  • Oil patch bits: Doyon Ltd. announces new VP of lands - 06/04/2023 (Login to read Full story) Doyon Ltd. said May 22 that it is pleased to announce that Dr. Molly Redilla has joined its leadership team as the new VP of lands. "We are excited to promote Molly into this role," said Aaron Schutt, Doyon president and CEO. "As Doyon is the largest private landowner in Alaska and the largest indi....

  • Oil patch bits: Airgas celebrates anniversary with Operation Homefront - 06/04/2023 (Login to read Full story) Airgas, an Air Liquide company, said May 24 that it is pleased to recognize its 15th consecutive year of partnership with Operation Homefront, a non-profit organization whose mission is to support military families so they can thrive in their communities. Since 2008, Airgas has donated $1.5 million....

  • Petroleum News also offers a News Bulletin Service.
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    Note: Unlike Petroleum News, the News Bulletin Service covers Alaska only; delivering important oil and gas news as it breaks.

  • Eni allows Nikaitchuq North leases to terminate 07/07/2022
  • Oil Search (Alaska)'s Quokka unit approved 06/28/2022
  • State receives 2 bids in Cook Inlet O&G lease sale 05/25/2022
  • ConocoPhillips, ExxonMobil, Chevron interested in Pikka? 05/23/2022
  • Fiord West produces first oil, 10,000 bpd 05/20/2022

    The eAlert News Bulletin Service is our premier information service. Often delivered multiple times per week by email, it provides the latest breaking news for the oil and gas industry.
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