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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.
  • ANS still +$100 - 08/07/2022 (Login to read Full story) Alaska North Slope crude hung precariously on the edge of $100 per barrel Aug. 3, as a price swoon continued to dominate worldwide trading of the commodity. ANS slid $3.96 to close at $100.34 per barrel. West Texas Intermediate flirted with the $90 line, closing $3.76 lower at $90.66. Brent also fel....

  • HEX CI and Furie update - 08/07/2022 (Full story) John Hendrix is the owner of the only Alaskan-owned natural gas producing company in Alaska, Furie Operating Alaska. Hendrix became a Cook Inlet natural gas producer in July 2020 when his newly formed company, HEX Cook Inlet LLC, acquired Furie Operating Alaska LLC and its partners Cornucopia Oil &....

  • IGU seeks more LNG - 08/07/2022 (Full story) Fairbanks based Interior Gas Utility has taken note of recent announcements regarding potential future limitations in gas supplies from the Cook Inlet and is “exploring all available options” for future supplies for its increasing number of customers, according to the latest quarterly report from th....

  • Oil patch insider: Gil Mull scholarship funds wanted;lease action on Alaska North Slope - 08/07/2022 (Login to read Full story) The group doesn't have an official name but is best described as friends, admirers and colleagues of veteran Alaska North Slope geologist Charles “Gil” Mull, who passed away Oct. 4, 2021. The group of some 85 individuals is seeking meaningful ways to honor Gil. One of its first major accomplishment....

  • RCA issues order transferring North Fork pipeline to Gardes - 08/07/2022 (Login to read Full story) Effective July 27, the Regulatory Commission of Alaska issued a final order transferring Cook Inlet Energy's controlling interest in Anchor Point Energy, owner of the North Fork unit pipeline, to Gardes Holdings, which essentially owns the North Fork unit leases and assets via Vision Resources and V....

  • AOGCC amends Deep Creek unit Happy Valley Beluga Tyonek rules - 08/07/2022 (Login to read Full story) The Alaska Oil and Gas Conservation Commission has amended its pool rules for the Happy Valley Beluga Tyonek gas pool in the Deep Creek unit to eliminate a previous 10-acre well spacing requirement. Wells still cannot be drilled within 1,500 feet of the external boundary. Hilcorp Alaska is the work....

  • Pearl production facilities, well, OK'd - 08/07/2022 (Full story) Hilcorp Alaska received approvals of plan of operations amendments from the Alaska Division of Oil and Gas July 29 for its Ninilchik unit on the Kenai Peninsula. The company plans to develop natural gas from the Pearl Pad, bringing wells into production this year. The approval for production facili....

  • Alaska-Mackenzie Rig Report - 08/07/2022 (Login to read Full story) Alaska-Mackenzie Rig Report - You must be a logged in subscriber to read this report.....

  • Trans-Foreland files for 3-year extension - 08/07/2022 (Login to read Full story) In mid-July the Federal Energy Regulatory Commission posted a notice saying Trans-Foreland Pipeline Co. had filed for a three-year extension of time, until Dec. 17, 2025, to construct, modify, and operate new facilities for the import of liquefied natural gas at its existing Kenai LNG terminal in Ni....

  • Chugach Electric names Arthur Miller CEO - 08/07/2022 (Login to read Full story) Chugach Electric Association said July 29 that its board of directors has named Arthur Miller as chief executive officer, effective July 29. Miller, who has been serving as acting CEO, has been with Chugach for 32 years, the association said. He replaces Lee Thibert who retired from Chugach earlier....

  • US rotary drilling rig count up 9 to 767 - 08/07/2022 (Login to read Full story) The Baker Hughes' U.S. rotary drilling rig count was 767 on July 29, up by nine from the previous week and up by 279 from 488 a year ago. When the count dropped to 244 in mid-August 2020 it was the lowest the domestic rotary rig count has been since the Houston based oilfield services company began....

  • Kuwait oil veteran named new OPEC head - 08/07/2022 (Login to read Full story) A veteran of Kuwait's national oil company took over Aug. 1 as secretary general of the OPEC oil cartel, just three weeks after his Nigerian predecessor died, only hours after giving a speech in defense of the energy industry. Haitham al-Ghais was selected as the incoming secretary general back in....

  • Oil patch bits: Lynden moves ROV from Chile to Gulf of Alaska - 08/07/2022 (Login to read Full story) As reported by Lynden News Aug. 1, this spring, researchers spent eight days circumnavigating Kodiak Island exploring 23 different sites in search of deep-sea corals and other seafloor habitat areas. “The expedition's goal was to expand our knowledge of the Gulf of Alaska seafloor to support Oceana'....

  • 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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