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Below are articles from this weeks's edition of Petroleum News. Subscribers must log in to view the complete articles. Subscribe now for full access.
  • Plan of exploration due - 03/08/2026 (Login to read Full story) On Feb. 26, the Alaska Department of Natural Resources' Division of Oil and Gas sent an email to Smith Bay Company Alaska Inc. President David Pfeiffer reminding him of the status of ongoing litigation and an update on the timeline for the suspension of the plan of exploration, or POE, for the Smith....

  • HED: A view into the future A view into the future - 03/08/2026 (Login to read Full story) On Feb. 26 the Alaska Energy Authority released its Statewide Railbelt Energy Vision, a planning document that overviews planned and potential major Alaska Railbelt energy initiatives in a long-range strategic framework. The concept is to provide a unified framework that describes major Railbelt ene....

  • 1 bid in state Cook Inlet sale, none in BOEM OCS inlet sale - 03/08/2026 (Login to read Full story) The Alaska Division of Oil and Gas garnered only a single bid in its March 4 Cook Inlet oil and gas lease sale and no bids were received for the U.S. Bureau of Ocean Energy Management's Cook Inlet sale. A Cook Inlet areawide sale is part of the state's regular areawide lease sales with sales held a....

  • Hilcorp drills grassroots wells at old Sterling gas pad on Kenai - 03/08/2026 (Login to read Full story) Hilcorp Alaska has drilled two grassroots wells at the old Sterling pad on the Kenai Peninsula, with gas from one of the wells initially showing up on the Alaska Oil and Gas Conservation Commission production report for January. The Sterling pad is east/south-east of Kenai. AOGCC data show the Ster....

  • North Slope production down 1% in January - 03/08/2026 (Login to read Full story) Alaska North Slope production averaged 472,413 barrels per day in January, down 1%, 4,751 bpd, from a December average of 477,164 bpd and down 3.4% from a January 2025 average of 489,022 bpd. Crude oil accounted for 89.06% of the total, 420,727 bpd, down 4,343 bpd, 1.02%, from a December average of....

  • Sidebar - Cook Inlet gas volumes hold steady - 03/08/2026 (Login to read Full story) Cook Inlet natural gas production for January averaged 209,542 thousand cubic feet per day, up 325 mcf per day, 0.15%, from a December average of 209,218 mcf per day and up 11.92% from a January 2025 average of 187,226 mcf per day. Volumes are calculated from Alaska Oil and Gas Conservation Commis....


  • Baker Hughes US rig count down 1 at 550 - 03/08/2026 (Login to read Full story) Baker Hughes' U.S. rotary drilling rig count was 550 on Feb. 27, down by one from the previous week and down 43 from 593 a year ago. The domestic rig count has ranged from the 530s through the 550s since the beginning of June. For 2025, the count peaked Feb. 28 (and again March 21) at 593, hitting....

  • BOEM releases 5 Beaufort seismic datasets - 03/08/2026 (Login to read Full story) The U.S. Bureau of Ocean Energy Management's Alaska Outer Continental Shelf Region said March 2 that it has released five 3D survey datasets from the Beaufort Sea, expanding public access to legacy geologic information supporting industry analysis, academic research and Alaska energy planning. (See....

  • NPR-A right of way cancellation dispute \\ NPR-A right of way cancellation dispute - 03/08/2026 (Login to read Full story) On Jan. 28 Nuiqsut Trilateral Inc. filed a lawsuit in the federal District Court for the District of Columbia, challenging the Dec. 19 cancellation by the Department of the Interior of a right of way in the Teshekpuk Lake special area of the National Petroleum Reserve-Alaska. Interior, under the Bid....

  • Almost half Rig 26 has been deconstructed - 03/08/2026 (Full story) As of Feb. 27, the Unified Command reports that roughly 47% of the overall rig has been deconstructed. The deconstructed rig, Doyon Rig 26, will ultimately be cleaned and transported to a recycling facility. The rig move incident occurred on Jan. 23 while Doyon Drilling Inc., or D....

  • Oil patch bits - Sean Baski, PE, new hire at PND Engineers - 03/08/2026 (Login to read Full story) PND Engineers, Inc. is excited to announce new hire Sean Baski, PE, who started at the PND office in Anchorage on March 3, 2026. Baski, a University of Alaska Anchorage alumnus (B.S., Civil Engineering, Class of 2004), joins PND after 16 years at the Alaska Department of Transportation & Public Faci....

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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

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