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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.
  • Slope volumes up - 01/29/2023 (Login to read Full story) It's a long way from the 1988 peak of more than 2 million barrels per day of North Slope production, but volumes are forecast to increase over the state's current 10-year forecast window. North Slope crude oil production, which averaged 476,490 barrels per day in fiscal year 2022, down 2%, 9,570 bp....

  • IGU moving gas supply to North Slope - 01/29/2023 (Login to read Full story) In a Jan. 17 special meeting the board of Fairbanks based Interior Gas Utility unanimously approved two contracts for establishing a liquefied natural gas supply from the North Slope. One contract is with Harvest Midstream for the construction and operation of a 150,000 gallon per day North Slope li....

  • ANS holds low $80s - 01/29/2023 (Login to read Full story) Alaska North Slope crude maintained a trading range in the low $80 for a full week, gaining 6 cents to close at $83.03 Jan. 25. West Texas Intermediate rose 2 cents to close at $80.15, and Brent fell a penny to close at $86.12. (See chart in the online issue PDF) Volatility was muted as the U.S.....

  • Oil patch insider: Pre-app meetings on Willow pipelines begun, NS exploration tally - 01/29/2023 (Login to read Full story) In a Jan. 23 status update of key future North Slope oil and gas projects to the Alaska Senate Resources Committee, the director of Alaska's Division of Oil and Gas, Derek Nottingham, said the preliminary Final SEIS for Willow came out this month (January) and was currently being reviewed by coopera....

  • Hilcorp applies to expand Pearl pad at Ninilchik, drill new wells - 01/29/2023 (Login to read Full story) Hilcorp Alaska has applied to expand the Pearl pad at its Ninilchik unit on the Kenai Peninsula and drill two new gas production wells and one combined gas development and oil exploration well. The Alaska Department of Natural Resources' Division of Oil and Gas issued a public notice on the applica....

  • Methane hydrate production test on North Slope set for 2023-2024 - 01/29/2023 (Login to read Full story) The Alaska Senate Resources Committee got an update Jan. 23 on oil and gas resources on Alaska's North Slope, including progress of the methane hydrates test project. Derek Nottingham, director of the Division of Oil and Gas in the Department of Natural Resources, said that project was funded by the....

  • ESG in Alaska's DNA — it's a way of life - 01/29/2023 (Full story) You can't open a major newspaper these days without seeing at least one story on Environment, Social and Governance investing or on ESG reporting trends. In 2022, the large ESG investment funds like BlackRock's and Vanguard's posted significant losses, especially when compared to the S&P Energy Ind....


  • Sidebar: About Corri Feige's column - 01/29/2023 (Login to read Full story) Former Alaska Department of Natural Resources Commissioner Corri Feige is writing a series of columns for Petroleum News titled “ESG in Alaska's DNA.” This is the second column, They will cover: 1) educating on ESG broadly; 2) looking at how ESG in Alaska is tied to our constitution, regulatory fra....

  • Ormat to build Makushin power plant - 01/29/2023 (Login to read Full story) Ounalashka/Chena Power LLC has formed an agreement with Ormat Technologies Inc. for Ormat to build a 36-megawatt geothermal power plant, as part of the Makushin Geothermal Project on Unalaska Island in the Aleutians, OCCP announced on Jan. 18. Ormat is a geothermal company based in Reno, Nevada, wit....

  • At 771, US rotary rig count is down by 4 - 01/29/2023 (Login to read Full story) The Baker Hughes' U.S. rotary drilling rig count was 771 on Jan. 20, down by four from the previous week and up 167 from 604 a year ago. When the count dropped to 244 in mid-August 2020, it was the lowest the domestic rotary rig count had been since the Houston based oilfield services company began....

  • Duck Island, Northstar PODs approved - 01/29/2023 (Login to read Full story) The state has approved plans of development from Hilcorp Alaska for the Duck Island and Northstar units, the company's smallest North Slope fields, both producing from offshore facilities, for Feb. 13, 2023, through Feb. 12, 2024. ....

  • ConocoPhillips applies for pad expansion - 01/29/2023 (Login to read Full story) ConocoPhillips Alaska has applied to expand the Kuparuk River unit 12-acre pad. In a Dec. 19 unit plan of operations amendment application to the Alaska Department of Natural Resources' Division of Oil and Gas, the company said it proposes to expand the east side of the existing 12-acre pad to provi....

  • Oil patch bits: Colville Transport LLC makes environmental safety milestone - 01/29/2023 (Login to read Full story) Fairbanks-based Colville Transport LLC said Jan. 19 that it is pleased to announce that the company has passed a significant milestone by transporting over 100 million gallons of fuel without a spill during transport. From February 2019 through December 2022, its fleet of 38 tractors (trucks) and 67....

  • 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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