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Focus on gas drilling
- 03/16/2025 (Full story)
BlueCrest Alaska Operating, operator of the Kenai Peninsula Cosmopolitan unit, has submitted its proposed 12th plan of development for the unit to the Alaska Department of Natural Resources' Division of Oil and Gas.
BlueCrest currently produces oil, and some gas, from an onshore drill site with wel....
Dollar dip boosts ANS
- 03/16/2025 (Login to read Full story)
Alaska North Slope crude hastened its recovery as weakness in the U.S. dollar supported oil prices by making the dollar-denominated commodity more affordable for buyers using other currencies.
ANS leapt $1.29 March 12 to close at $73.52 per barrel, while West Texas Intermediate vaulted $1.43 to clos....
Railbelt wind power?
- 03/16/2025 (Login to read Full story)
During a Feb. 26 meeting of the Regulatory Commission of Alaska two companies talked to the RCA commissioners about their joint efforts towards developing wind farms in the Alaska Railbelt region.
Matt Perkins, chief executive officer of Alaska Renewables, told the commission that his company had fo....
AOGCC fines BRPC $6.34 million for 3 unplugged Beechey Pt wells - 03/16/2025 (Login to read Full story)
The Alaska Oil and Gas Conservation Commission has fined Brooks Range Petroleum Corp. $6.34 million for three wells it drilled at the former Beechey Point unit which were never plugged and abandoned after they were drilled in 2007 and 2010.
North Shore 1 was spudded by BRPC in February 2007 and AOG....
88 Energy issues 2024 annual report, advances Phoenix, Leonis
- 03/16/2025 (Login to read Full story)
Throughout 2024, Australia-based 88 Energy Limited's efforts centered on advancing key projects, optimizing its portfolio, and positioning the company to unlock future value, it said in its 2024 annual report released March 4. The period ended Dec. 31, 2024.....
New RIK contract in works for Marathon's Kenai crude refinery - 03/16/2025 (Login to read Full story)
The Alaska Royalty Oil and Gas Development Board is scheduled to meet March 24 on the royalty-in-kind contract proposed by the commissioner of the Alaska Department of Natural Resources in a preliminary best interest finding and determination for a proposed sale of North Slope royalty oil to Maratho.... |
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Long term view of LNG market needed
- 03/16/2025 (Login to read Full story)
In a presentation to the Alaska Legislature's Senate Resources Committee on March 5, Nicholas Fulford, senior director for LNG and the energy transition for consultancy firm GaffneyCline Energy Advisory, talked about the global liquefied natural gas market and its implications for the potential to b....
Non-exclusive private easement application - 03/16/2025 (Login to read Full story)
Hilcorp Alaska is in the process of purchasing the North Fork unit on the southern Kenai Peninsula from Vision Resources with a requirement for a change in how the pipeline serving the unit, a common carrier, is regulated. North Fork Pipeline currently has a Regulatory Commission of Alaska-issued ce....
Hilcorp files PODs for 3 inlet gas fields
- 03/16/2025 (Login to read Full story)
Hilcorp Alaska filed plans of development with the Alaska Department of Natural Resources' Division of Oil and Gas March 10 for three small Cook Inlet gas fields, all on the west side of the inlet: Ivan River, Lewis River and Pretty Creek. Collectively the three averaged some 3.5 million cubic feet....
Baker Hughes US rig count down 1 at 592
- 03/16/2025 (Login to read Full story)
The Baker Hughes' U.S. rotary drilling rig count was 592 on March 7, down by one from the previous week, down by 30 from 622 a year ago and unchanged from two weeks ago. Over the last eight weeks the rig count was up in four weeks and down in four with a combined gain of 17 against a loss of nine.
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This month in history: Industry customers needed for Inlet gas - 03/16/2025 (Login to read Full story)
Editor's note: This story first appeared in the March 13, 2005, issue of Petroleum News.
Alaska's Cook Inlet area needs thriving industrial natural gas customers in order to have plentiful and inexpensive natural gas for its residential heating and electric generation customers, according to Harold....
Oil patch bits: Airgas launches women's RADNOR PPE line - 03/16/2025 (Login to read Full story)
Airgas, a leading supplier of industrial gases and safety products, said March 5 that it has announced the launch of its RADNOR line of personal protective equipment designed specifically for women. This innovative collection reflects Airgas's commitment to safety, comfort and inclusivity in the wor.... |
