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Furie POD approved
- 01/12/2025 (Login to read Full story)
Jan. 3, the Alaska Department of Natural Resource's Division of Oil and Gas approved the 2025 11th plan of development for the Kitchen Lights unit that was proposed by KLU operator Furie Operating, a HEX Cook Inlet company.
As was the case with the 2024 10th POD, the plan was approved with conditio....
Winter chill ups ANS
- 01/12/2025 (Login to read Full story)
Alaska North Slope crude notched a 13-week high Jan. 3 as cold temper-atures portended a boost in heating oil demand, before sliding Jan. 8 on an unexpected jump in U.S. fuel inventories and a rising dollar.
ANS dropped 94 cents Jan. 8 to close at $74.63 per barrel, while West Texas Intermediate dr....
A field access problem
- 01/12/2025 (Login to read Full story)
On Dec. 17 the Alaska Superior Court issued an order cancelling a state permit that would have allowed Oil Search (Alaska) LLC free use of ConocoPhillips' Kuparuk River unit road system for access to the Pikka oil field for the construction and operation of the field. The Pikka field lies to the wes....
Signing of framework agreement moves Alaska LNG project forward
- 01/12/2025 (Login to read Full story)
At a Jan. 6 press conference on Alaska's energy future, Alaska Gov. Mike Dunleavy said in the past he hadn't wanted to talk about a gas line from the North Slope because he wasn't seeing any tangible results from efforts, with cost, size and engineering all challenging.
Now there has been significa....
BlueCrest accepts Cosmopolitan conditional POD with comments - 01/12/2025 (Login to read Full story)
BlueCrest Alaska Operating President John Martineck notified the state Dec. 19 that the company accepts the conditional approval of the Cosmopolitan unit plan of development issued by the Alaska Department of Natural Resources' Division of Oil and Gas on Dec. 9. (See story in Dec. 15, 2024, issue.)....
Pikka '25 development plan and 5-yr unit term extension approved
- 01/12/2025 (Full story)
On Nov. 11, the Alaska Department of Natural Resources' Division of Oil and Gas received the proposed 2025 Pikka Unit, or PKU. Plan of Development from Oil Search (Alaska) LLC, a Santos company. In addition to the POD, Oil Search requested a five-year extension to the unit term for the PKU through J....
Feds won't extend suspension of operation for Hilcorp's Liberty
- 01/12/2025 (Login to read Full story)
The U.S. Department of the Interior has denied a request from Hilcorp Alaska for a further suspension of operation for its leases at Liberty offshore the North Slope southeast of the Duck Island unit. The leases are all beyond their initial terms and there has yet to be any production.
The Dec. 26....
Baker Hughes US rig unchanged at 589
- 01/12/2025 (Login to read Full story)
The Baker Hughes' U.S. rotary drilling rig count was 589 on Jan. 3, unchanged from the previous week, down by 32 from 621 a year ago and unchanged from two weeks ago. Over the last eight weeks the rig count was unchanged in four weeks, down in three and up in one week with a gain of seven and losses.... |
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Legislative change supports gas storage
- 01/12/2025 (Login to read Full story)
Hilcorp Alaska operates natural gas storage for its own use at three of its Cook Inlet fields -- Kenai, Pretty Creek and Swanson River. Under legislation passed last year, Hilcorp subsidiary Hilcorp Storage has applied to the Regulatory Commission of Alaska for a certificate of public convenience an....
Looking for more oil at Kuparuk River
- 01/12/2025 (Login to read Full story)
Editor's note: This story first appeared in the Jan. 9, 2005, issue of Petroleum News.
Development at West Sak, the heavy oil accumulation at the Kuparuk field on Alaska's North Slope, is in the news a lot these days, but Kuparuk operator ConocoPhillips Alaska is also doing some innovative work to....
Enstar contracting additional Furie gas
- 01/12/2025 (Login to read Full story)
Enstar Natural Gas Co., the gas utility for Southcentral Alaska, has filed a tariff advice with the Regulatory Commission of Alaska, asking for approval of a contract for increased gas supplies from Furie Operating Alaska. The gas utility is doing this as part of its efforts to fill future gaps in i....
RRC files reliability standards with RCA
- 01/12/2025 (Login to read Full story)
The Railbelt Reliability Council, the electricity reliability organization for the Alaska Railbelt electrical system, has filed with the Regulatory Commission of Alaska its first tranche of reliability standards for the system. Established to improve the efficiency of the electrical system through u....
ANWR sale draws no interest - 01/12/2025 (Login to read Full story)
On Jan. 8, the Department of the Interior said that its Bureau of Land Management received no bids for the congressionally mandated oil and gas lease sale for the 1002 Area of the Arctic National Wildlife Refuge, a narrow strip of land set aside for oil and gas activities.
The deadline to submit bid....
Working Interest Ownership of North Slope Units Map - 01/12/2025 (Login to read Full story)
Petroleum News publishes many of the latest and most strategic area maps from Alaska's Division of Oil and Gas. Therefore the latest (December 2024) Working Interest Ownership of North Slope Units Map is included in this issue of Petroleum News; in both the pdf and print versions.
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Oil patch bits: Coffman congratulates James Delaney on certification - 01/12/2025 (Login to read Full story)
Coffman Engineers said Jan. 2 that it is pleased to announce James Delaney's achievement of obtaining his American Petroleum Institute 653 aboveground storage tank inspector certification.
The addition of Delaney's API 653 certification supplements Coffman's ability to provide engineering review of.... |
