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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.
  • Oil ricochets up - 07/21/2024 (Full story) After three trading days of erosion on fears of weakening China demand, crude prices ricocheted sharply skyward as a surprise U.S. inventory drawdown and other factors tipped the scales to the bulls. West Texas Intermediate surged $2.09 or 2.6% July 17 to close at $82.85, as Brent jumped $1.35 to cl....

  • Energy uncertainties - 07/21/2024 (Login to read Full story) This year's annual BP Energy Outlook considers the potential for reducing global carbon emissions between now and 2050 in a situation in which global energy demand is steadily increasing. In a July 7 presentation Spencer Dale, BP chief economist, commented that the world is in what might be called a....

  • Oil patch insider: Feige appt. trustee; Interior wants to take away more; Huber gone - 07/21/2024 (Login to read Full story) On July 8 the Alaska Mental Health Trust Authority welcomed new trustee Corri Feige, who was recently appointed by Governor Mike Dunleavy. A resident of Chickaloon, Alaska, Feige has more than 30 years of experience in the natural resources industry, including service as the commissioner of the Alas....

  • ConocoPhillips Coyote oil pool, injection applications to AOGCC - 07/21/2024 (Login to read Full story) ConocoPhillips Alaska has applied to the Alaska Oil and Gas Conservation Commission for pool rules and an area injection order for the Coyote oil pool, a Nanushuk formation currently producing from the 3S pad in the Kuparuk River unit. AOGCC records show production from Coyote undefined oil beginnin....

  • Mustang applies for area injection order for Kuparuk C and A sands - 07/21/2024 (Login to read Full story) Mustang Holding LLC, operator of the Southern Miluveach unit, has applied to the Alaska Oil and Gas Conservation Commission for an area injection order to allow enhanced oil recovery injection in the portion of the Kuparuk River oil pool within the Southern Miluveach unit. Mustang Holding is a Finne....

  • Baker Hughes US rig count down 1 to 584 - 07/21/2024 (Login to read Full story) The Baker Hughes' U.S. rotary drilling rig count was 584 the week ending July 12, down by one rig from 585 the previous week, and down by 91 from 675 a year ago, after increasing by four the week ending July 5. Over the last eight weeks the rig count was unchanged one week, down in six and up in one....

  • Hilcorp fined for overdue Steelhead test - 07/21/2024 (Login to read Full story) The Alaska Oil and Gas Conservation Commission has fined Hilcorp Alaska $86,000 for an overdue witnessed mechanical integrity test on the Trading Bay Unit M-30 injection well on the Steelhead platform in Cook Inlet. The commission's decision was issued July 12, following a June 3 notice of proposed....

  • Hilcorp applies to expand Beluga gas pool - 07/21/2024 (Login to read Full story) Hilcorp Alaska, operator of the Beluga River unit, has applied to the Alaska Oil and Gas Conservation Commission for vertical expansion of the Sterling-Beluga gas pool to include shallower sands. In a June 27 application the company asked for an amendment to rule 2 of Conservation Order 802 "to ver....

  • This month in history: Petro-Canada, Talisman expand Slope presence - 07/21/2024 (Login to read Full story) Editor's note: This story first appeared in the July 18, 2004, issue of Petroleum News. Petro-Canada and Talisman Energy's U.S. subsidiary Fortuna Energy increased their land position on Alaska's North Slope at the June 2004 northwest National Petroleum Reserve- Alaska lease sale held by the U.S. B....

  • A first for US drone flights - 07/21/2024 (Login to read Full story) After 3 years in development, on July 10 HEX Cook Inlet and Furie Operating Alaska in partnership with the University of Alaska Fairbanks" Alaska Center for Unmanned Aerial Systems Integration, conducted the first Beyond Visual Line of Sight drone flight to and from an offshore oil and gas platform....

  • Oil patch bits: Coffman Engineers' Eliot Jordan leads fire protection group - 07/21/2024 (Login to read Full story) Coffman Engineers Inc. said July 15 that it is pleased to announce the promotion of Eliot Jordan to discipline manager of the fire protection engineering team. Jordan brings 24 years of professional engineering experience, including 17 years in Alaska. He leads Coffman's fire protection group and p....

  • Oil patch bits: Alaska Marine Lines earns Sustainable Century Award - 07/21/2024 (Login to read Full story) As reported by Lynden News July 11, the Port of Seattle presented Alaska Marine Lines with a 2024 Sustainable Century Award on May 30 in Seattle. Commercial and nonprofit partners are selected annually in maritime and aviation divisions for supporting the Port's environmental goals and exhibiting ou....

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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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