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  • ANS hits upper $80s - 06/23/2024 (Full story) Alaska North Slope crude busted higher into the upper $80s June 18, up a dollar to close at $86.62 per barrel as oil prices tested levels not seen since April. West Texas Intermediate jumped $1.24 to close at $81.57 and Brent gained $1.08 to edge above $85 for a close of $85.33. Trading June 19 was....

  • Alaska investment huge - 06/23/2024 (Login to read Full story) Over the past decade, ConocoPhillips Alaska has invested $10 billion, and not including Willow project investment it will invest an additional $10 billion in Alaska. This makes their total investment well over $20 billion spanning two decades. That's the upbeat message Kirk Johnson, ConocoPhillips'....

  • GeoAlaska step closer - 06/23/2024 (Login to read Full story) On June 13, GeoAlaska CEO and majority owner Paul Craig was issued a letter of approval from Alaska's Division of Oil and Gas for the second Plan of Exploration, or POE, for noncompetitive geothermal prospecting permits ADL 394080 and ADL 394174 on South Augustine Island. Augustine Island is in Kami....

  • Furie advances permitting for Kitchen Lights, NMFS prepares EA - 06/23/2024 (Login to read Full story) The June 14 Federal Register contained notice of the National Marine Fisheries Service's intent to issue proposed incidental harassment authorizations to Furie Operating Alaska. On July 19, 2023, NMFS received a request from Furie for two consecutive incidental harassment authorizations, IHAs, to t....

  • Sidebar: Hilcorp buys 151 jack-up - 06/23/2024 (Login to read Full story) As reported in the June 9 issue of Petroleum News, Hilcorp Alaska has acquired the Spartan 151 jack-up rig from Enterprise Offshore Drilling. Hilcorp said in a June 3 email that the sale closed May 31, and it now owns the rig through a wholly owned subsidiary. Enterprise is mentioned as the owner o....

  • Toolik exploration plan revised with no 2024-25 drilling planned - 06/23/2024 (Login to read Full story) When Accumulate Energy Alaska applied for the Toolik River unit in 2022 its exploration plan, approved by the Alaska Department of Natural Resources' Division of Oil and Gas in 2023, included drilling and non-drilling activities. The division said in its partial approval of the unit (it approved onl....

  • OSA to tighten procedures after $30,000 AOGCC fine for changes - 06/23/2024 (Login to read Full story) The Alaska Oil and Gas Conservation Commission has fined Oil Search (Alaska) $30,000 for violating its regulations by failing to follow an approved permit to drill for the NDBi-044 well at its Pikka unit. The commission's regulations require approval of changes to an approved drilling permit. AOGCC....

  • Baker Hughes US rig count down 4 at 590 - 06/23/2024 (Login to read Full story) The Baker Hughes' U.S. rotary drilling rig count was 590 the week ending June 14, down four from 594 the previous week, and down by 97 from 687 a year ago, after dropping by six the week ending June 7. Over the last eight weeks the rig count was unchanged one week, down in six and up in one with a l....

  • AOGCC OKs off-unit CNG-fueled vehicle use - 06/23/2024 (Login to read Full story) The Alaska Oil and Gas Conservation Commission has approved a request from Hilcorp Alaska for use of compressed natural gas in Milne Point unit vehicles that travel off-unit on unit business. AOGCC regulations require custody transfer metering of production before it is severed from the unit. In A....

  • Finnex gets Mustang Pad restart approval - 06/23/2024 (Login to read Full story) On June 17, Harry Bockmeulen, chief operating officer of Mustang Holding LLC, a Finnex Operating LLC company, was sent a letter of approval for an operations restart at the North Slope Mustang Pad in the Southern Miluveach unit, as requested on May 9 in Mustang Holding's SMU plan of operations amend....

  • Hilcorp drilling to western edge of Milne - 06/23/2024 (Login to read Full story) As Hilcorp Alaska drills to the western edge of its North Slope Milne Point unit, the company needs spacing exceptions to pre-produce planned injection wells closer than 500 feet to the border of Eni's Nikaitchuq unit. In a June 7 application to the Alaska Oil and Gas Conservation Commission, Hilco....

  • State OKs Kenai stratigraphic program - 06/23/2024 (Full story) The Alaska Department of Natural Resources' Division of Oil and Gas has approved Hilcorp Alaska's proposal to drill eight stratigraphic test wells on state oil and gas leases on the Kenai Peninsula near the Ninilchik and Anchor Point areas. In its June 18 approval the division noted that the company....

  • This month in history: State releases ANS facility sharing study - 06/23/2024 (Login to read Full story) Editor's note: This story first appeared in the June 20, 2004, issue of Petroleum News. On June 15, 2004, the Alaska Division of Oil and Gas released the results of a study whose subject matter is considered critical to the future of oil production from Alaska's North Slope. Conducted for the state....

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  • Shell surrenders W. Harrison Bay leases 05/15/2024
  • Armstrong exploration drilling campaign extends prolific Brookian topset fairway 65 miles to east 04/23/2024
  • Hilcorp applies to expand Milne Point unit 03/08/2024
  • Jade files request for reconsideration with ADNR commissioner 03/04/20242

    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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