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3D seismic possible
- 05/25/2025 (Full story)
Nagruk Harcharek, president of the Voice of Arctic Inupiat, said May 20 that news the Gwich'in Steering Committee and other "outside" organizations are appealing the U.S. District Court for the District of Alaska's ruling that the Biden administration's cancellation of seven leases in the ANWR 1002....
ANS stable near $70 - 05/25/2025 (Login to read Full story)
Alaska North Slope crude dove $1.38 May 21 to close at $67.67 per barrel -- narrowly retaining its position in the top quadrant of the $60s, while West Texas Intermediate dropped 99 cents to $61.57 and Brent fell 47 cents to close at $64.91.
Prices were chilled by a surprise swell in U.S. crude stoc....
New exploration planned
- 05/25/2025 (Login to read Full story)
The National Marine Fisheries Service has proposed issuing an incidental harassment authorization for Narwhal LLC's proposed exploration drilling program in West Harrison Bay, in the nearshore Beaufort Sea, offshore the National Petroleum Reserve-Alaska. The authorization would allow the minor distu....
Moriarty heading to Interior to work on Trump's Alaska exec order - 05/25/2025 (Login to read Full story)
The May 21 issue of Suzanne Downing's Must Read Alaska reported that Kara Moriarty is leaving the Alaska Oil and Gas Association to join the U.S. Department of Interior.
"Our intel says she will be working on the Alaska-focused executive order signed by President Donald Trump on Jan. 20," Downing wr....
Oil patch insider: Bitcoin mine on Franklin Bluffs pad; Bates named DEC commissioner-designee - 05/25/2025 (Login to read Full story)
The Alaska Department of Natural Resources' Division of Oil and Gas received a land use permit application in mid-May from STaX Capital Partners LLC, a Wasilla firm, requesting authorization to use up to 30 acres of available pad space at the Franklin Bluffs pad for Phase 1....
Glacier's Savant gets approval for Badami unit development plan - 05/25/2025 (Login to read Full story)
Savant Alaska, a Glacier Oil and Gas Corp. company, received approval for the 22nd plan of development for the eastern North Slope Badami unit from the Alaska Department of Natural Resources' Division of Oil and Gas on May 15.
The POD, referred to as the 2025 plan of development, covers the period f....
Great Bear gets OK for Dubhe-1; Megrez lacks appreciable oil, gas - 05/25/2025 (Login to read Full story)
Great Bear Pantheon has approval from the Alaska Department of Natural Resources' Division of Oil and Gas for a unit plan of operations for the Dubhe-1 exploration well in the company's Talitha unit on the North Slope. In its May 16 approval, the division said the well will be some 27 miles south of.... |
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This month in history: Agrium doubles profits in first quarter
- 05/25/2025 (Login to read Full story)
Editor's note: This story first appeared in the May 8, 2005, issue of Petroleum News.
Agrium Inc. had net earnings for the first quarter 2005 of $24 million, or 18 cents diluted earnings per share, more than double its earnings for the comparable period last year of $11 million, or 8 cents diluted e....
Division approves North Cook Inlet POD
- 05/25/2025 (Login to read Full story)
Hilcorp Alaska plans to drill three sidetracks at its North Cook Inlet unit during the 2025 plan of development, along with doing initial work on a 5-year slot expansion program which will run through 2030.
Derek Nottingham, director of the Alaska Department of Natural Resources' Division of Oil an....
State's spring lease sales have begun
- 05/25/2025 (Login to read Full story)
The Alaska Division of Oil and Gas said May 20 that its annual Cook Inlet and Alaska Peninsula areawide oil and gas lease sales have begun. Bidding is open online through the EnergyNet platform until June 5; bid results will be published June 11.
The Cook Inlet leases are offered with a fixed per-a....
Baker Hughes US rig count drops 2 to 576
- 05/25/2025 (Login to read Full story)
Baker Hughes' U.S. rotary drilling rig count was 576 on May 9, down by two from the previous week, down by 28 from 604 a year ago and down by eight from two weeks ago. Over the last eight weeks the rig count was up in two weeks and down in six with a combined loss of 21 against a gain of four. This....
Tundra travel closed on North Slope
- 05/25/2025 (Login to read Full story)
Effective May 19, off-road tundra travel on the North Slope is closed for the season.
The Alaska Department of Natural Resources' Division of Mining, Land and Water said in a May 19 release that the western coastal area is no longer suitable for off-road travel due to widespread snowpack deteriorat....
Hilcorp approved as North Fork operator
- 05/25/2025 (Login to read Full story)
Hilcorp Alaska is taking over at North Fork and has now been approved as operator of the unit, succeeding Vision Resources which has resigned as operator.
In a May 15 letter, Derek Nottingham, director of the Division of Oil and Gas in the Department of Natural Resources, approved Hilcorp as unit o....
Oil patch bits: Coffman Engineers Cynthia Cacy and Zack Wright earn certification - 05/25/2025 (Login to read Full story)
Coffman Engineers Inc. said May 9 that it is proud to announce that Cynthia Cacy, PE, corrosion control engineering principal, and Zack Wright, PE, senior engineer, have successfully earned their cathodic protection specialist certification. The CP specialist is the highest level of certification in.... |
