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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.
  • More inlet gas - 10/13/2024 (Full story) John Hendrix's message on Oct. 3 to his fellow Alaskans: "Great day for HEX/Furie and Alaska. Jack-up rig on our platform today at 10 a.m.!! Drilling local natural gas for Alaskans!" The Enterprise 151 is the jack-up. The platform is the Julius R. Platform. The field is the Kitchen Lights unit. And....

  • Yukon Flats exploration - 10/13/2024 (Login to read Full story) Hilcorp Alaska has applied to the Alaska Department of Environmental Conversation for approval of an oil discharge prevention and contingency plan for the drilling of two exploration wells in subsurface land owned by Alaska Native regional corporation Doyon Limited in the Yukon Flats in the Alaska i....

  • ANS treads mid $70s - 10/13/2024 (Login to read Full story) North Slope crude dropped by 80 cents Oct. 9, closing a nickel into the upper $70s at $75.05 per barrel. West Texas intermediate shed 33 cents to close at $73.24 and Brent dropped 60 cents to close at $76.58. Prices headed down as the U.S. Energy Information Administration reported a massive 5.8 mil....

  • BlueCrest advancing plans, files 11th POD, has investor interest - 10/13/2024 (Login to read Full story) BlueCrest Alaska has filed its 11th plan of development for the Cosmopolitan unit in the Cook Inlet basin with the Alaska Department of Natural Resources' Division of Oil and Gas Sept. 30. Four state leases are involved with the plan of development, or POD, running from Jan. 1, 2025, through Dec. 31....

  • Fewer wells planned in 2025 for Prudhoe Western Satellites area - 10/13/2024 (Login to read Full story) In its proposed 2025 plan of development for the Western Satellites area of Prudhoe Bay, operator Hilcorp North Slope said it anticipates completing seven wells in the area in 2025 (the POD covers the 2025 calendar year), with eight more possible "depending on rig availability." This is a substantia....

  • BESS commissioned, to save fuel and boost reliability on Railbelt - 10/13/2024 (Login to read Full story) On Oct. 7, representatives from Chugach Electric Association Inc., Matanuska Electric Association Inc. (MEA), the Alaska Energy Authority, state lawmakers, and other officials gathered to celebrate the commissioning of the new Battery Energy Storage System (BESS) at Chugach's south campus. The BESS....

  • CPAI agrees to buy Chevron assets in Kuparuk, Prudhoe - 10/13/2024 (Login to read Full story) ConocoPhillips Alaska Inc. said Oct. 3 that it has signed a purchase and sale agreement to acquire Chevron U.S.A. Inc.'s and Union Oil Company of California's non-operated interest in the Kuparuk River unit and a portion of its non-operated interest in the Prudhoe Bay unit for approximately $300 mil....


  • Baker Hughes US rig count down 2 to 585 - 10/13/2024 (Login to read Full story) The Baker Hughes' U.S. rotary drilling rig count was 585 the week ending Oct. 4, down by two from 587 the previous week, and down by 34 from 619 a year ago, after dropping one rig the previous week. Over the last eight weeks the rig count was down in seven weeks and up in one with a loss of 11 again....

  • Littoral expands Kootznahoo tidal project - 10/13/2024 (Login to read Full story) The Federal Energy Regulatory Commission has approved a request by Littoral Power Systems to amend its preliminary permit for the proposed Kootznahoo Inlet Tidal Power Project, expanding it from 0.42 square miles to 0.79 square miles. FERC said in its Oct. 2 order amending the proposed project that....

  • Trends looks at 10-year job projections - 10/13/2024 (Login to read Full story) The Alaska Department of Labor and Workforce Development's Research and Analysis Section is responsible for creating 10-year industry and occupational projections for the state every year, and the 2022-2032 projections have been published in the October issue of the department's Alaska Economic Tren....

  • RRC files its annual report with RCA - 10/13/2024 (Login to read Full story) The Railbelt Reliability Council has filed its annual report with the Regulatory Commission of Alaska. The RRC was approved by the RCA in 2022 as the electricity reliability organization for the Alaska Railbelt, with the duty to maintain and mandate reliability standards for the Railbelt's high volt....

  • EIA forecasts stable winter heating costs - 10/13/2024 (Login to read Full story) The U.S. Energy Information Administration is forecasting that most households in the Lower 48, on average, will spend about the same to heat their homes this winter as they did last. This was the conclusion of the agency's 2024 Winter Fuels Outlook, released Oct. 8 in conjunction with the agency's....

  • This month in history: BP sets record - 10/13/2024 (Login to read Full story) Editor's note: This story first appeared in the Oct. 10, 2004, issue of Petroleum News. BP Exploration (Alaska) has recently set development drilling records on Alaska's North Slope with technologies targeted at oil accumulations that are smaller and often farther from infrastructure, and with techn....

  • Oil patch bits: Multi-modal tank move from India to Prudhoe Bay - 10/13/2024 (Login to read Full story) As reported by Lynden News Oct. 4, an international Lynden move of two huge liquefied natural gas tanks concluded with arrival at West Dock in Prudhoe Bay in September. "This is one of the coolest moves I've been involved with in my 35 years in transportation," says Nick Karnos, Lynden Logistics sen....

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    Note: Unlike Petroleum News, the News Bulletin Service covers Alaska only; delivering important oil and gas news as it breaks.

  • 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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