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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 in war risk flux - 12/01/2024 (Login to read Full story) Alaska North Slope crude edged 6 cents lower Nov. 26 to close at $71.73 per barrel, while West Texas Intermediate shed 17 cents to close at $68.77 and Brent shed 20 cents to close at $72.81. In four trading days ending Nov. 26, crude prices were whipsawed by changing perception of global war risk, b....

  • Impact of royalties - 12/01/2024 (Full story) Would royalty reduction spur more natural gas development in Cook Inlet? The Legislature has been considering changes to natural gas royalties and Nov. 19 the House Resources Committee heard an analysis Gaffney Cline prepared at the request of the Legislative Budget and Office Committee addressing....

  • Oil patch insider: Judge says ConocoPhillips to win road access suit in Superior Court - 12/01/2024 (Login to read Full story) State loses in North Slope road access lawsuit. That was the headline in Tim Bradner's Nov. 25 Alaska Economic Report. A state Superior Court judge said Nov. 22 that he will "rule against the state Department of Law and for ConocoPhillips, a North Slope oil producer, in a complex and important law c....

  • AEA is purchasing battery storage services for stabilizing hydro - 12/01/2024 (Login to read Full story) During a Nov. 18 special meeting of the board of the Alaska Energy Authority the board approved resolutions to obtain battery energy storage services from Railbelt electric utilities, to stabilize oscillations in the turbines in the Bradley Lake hydroelectric power facility on the Kenai Peninsula. C....

  • Alaska approves NFU contraction deferral to coincide with POD - 12/01/2024 (Login to read Full story) On Nov. 21, executive Mark Landt of Vision Resources, a Gardes company, received a letter of approval from Alaska's Division of Oil and Gas regarding Vision's Sept. 6 request to defer contraction of the North Fork Unit acreage. The Cook Inlet basin North Fork Unit, or NFU, is made up of five state o....

  • Hilcorp submits PODs for small fields - 12/01/2024 (Login to read Full story) Hilcorp Alaska submitted plans of development Nov. 12, with revised versions Nov. 20, for its two smallest North Slope fields. The POD for the Duck Island unit -- also known as Endicott -- was submitted to the Alaska Department of Natural Resources' Division of Oil and Gas. The POD for Northstar, wh....


  • The Producers Preview: HEX/Furie moves on providing more Cook Inlet natural gas - 12/01/2024 (Login to read Full story) Editor's note: This story comes from the 2024 edition of The Producers magazine, which will be published in mid-January 2025.John Hendrix's message on Oct. 3, 2024, to his fellow Alaskans: "Great day for HEX/Furie and Alaska. Jack-up rig on our platform today at 10 am!! Drilling local natural gas fo....

  • Alaska-Mackenzie Rig Report - 12/01/2024 (Login to read Full story) Alaska-Mackenzie Rig Report - You must be a logged in subscriber to read this report....

  • Baker Hughes US rig count down 1 at 583 - 12/01/2024 (Login to read Full story) The Baker Hughes' U.S. rotary drilling rig count was 583 the week ending Nov. 22, down by one from the previous week, down by 42 from 625 a year ago and down two from two weeks ago. Over the last eight weeks the rig count was unchanged in three weeks, down in four and up in one week with losses of f....

  • Alaska part of Pioneer's portfolio - 12/01/2024 (Login to read Full story) Editor's note: This story first appeared in the Dec. 5, 2004, issue of Petroleum News.Pioneer Natural Resources is targeting first Alaska production in 2006 from small, known Gwydyr Bay accumulations, and will be working on fiscal terms with the state for its Oooguruk discovery, looking for a reduct....

  • Oil patch bits: Airgas receives Military Friendly 2025 Gold recognition - 12/01/2024 (Login to read Full story) As reported by Fabricator.com Nov. 20, Airgas, an Air Liquide company, has been awarded Gold Level recognition on the 2025 Military Friendly Employers list by VIQTORY for the third consecutive year, following three years of the Silver Level designation. Military Friendly identifies organizations wit....

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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

    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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