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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.
  • ANS surges into $70s - 03/01/2026 (Login to read Full story) Alaska North Slope crude settled at $71.04 per barrel Feb. 24, down 32 cents on the day as it consolidated its position in the lower $70s, following....

  • Sales tax to oil tax - 03/01/2026 (Login to read Full story) Senate Resources changes thrust of governor's tax bill; amends it to gross oil tax Gov. Mike Dunleavy introduced a bill which featured a statewide sales tax.....

  • Interior opens 2.1 million acres in Alaska's Dalton Corridor - 03/01/2026 (Login to read Full story) On Feb. 20, the Department of the Interior said it is set to issue Public Land Order No. 7966 in Alaska's Dalton Utility Corridor, opening approximately 2.1 million acres of public land to location and entry under the public land and mining laws. This marks a historic step forward in fulfilling the....

  • Pantheon: seismic reprocessing, updip from Theta West-1 discovery - 03/01/2026 (Login to read Full story) On Feb. 17, Pantheon Resources reported it has formally commenced seismic reprocessing focused on the northwest section of the company's Kodiak project, updip from the Theta West-1 discovery well. The Theta-West-1 well was previously reported by Wood Mackenzie as being the fourth largest discovery w....

  • 88 Energy reports South Prudhoe 507 million bbl resource estimate - 03/01/2026 (Login to read Full story) On Feb. 19, 88 Energy Limited released the results of its internal prospective resource assessment across its consolidated South Prudhoe acreage on Alaska's North Slope, where it has a 100% working interest ownership. The South Prudhoe lease position covers approximately 52,269 acres within one of t....

  • State OKs Whiskey Gulch participating area - 03/01/2026 (Login to read Full story) The Alaska Department of Natural Resources' Division of Oil and Gas has approved an application from Hilcorp Alaska for formation of the Whiskey Gulch participating area within the Seaview unit on the southern Kenai Peninsula. Division Director Derek Nottingham approved the PA formation Feb. 25. Hi....

  • Baker Hughes US rig count unchanged - 03/01/2026 (Login to read Full story) Baker Hughes' U.S. rotary drilling rig count was 551 on Feb. 20, unchanged from the previous week and down 41 from 592 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 it....


  • Alaska-Mackenzie Rig Report - 03/01/2026 (Login to read Full story) Alaska-Mackenzie Rig Report - You must be a subscriber to read this report.....

  • DNR releases latest Cook Inlet O&G Activity Map - 03/01/2026 (Login to read Full story) The latest Cook Inlet Oil and Gas Activity Map was released at the end of January and dated December 2025 by the Alaska Department of Natural Resources' Division of Oil and Gas. Find the map here: https://dog.dnr.alaska.gov/Document/Download/C1F2D6E517954E9C91D8CF86E2F6D71/Cook%20Inlet%20Activity%20....

  • Hilcorp final Cook Inlet work approval - 03/01/2026 (Login to read Full story) Hilcorp Alaska received final approval from the National Oceanic and Atmospheric Administration Feb. 20 governing taking of marine mammals incidental to specific activities in support of oil and gas activities in Cook Inlet. The final rule and letter of authorization are effective Feb. 20, 2026, thr....

  • NOAA approves 5-year plan for Hilcorp Alaska Cook Inlet work - 03/01/2026 (Login to read Full story) Hilcorp Alaska received final approval from the National Oceanic and Atmospheric Administration Feb. 20 governing taking of marine mammals incidental to specific activities in support of oil and gas activities in Cook Inlet. The final rule and letter of authorization are effective Feb. 20, 2026, thr....

  • DNR releases North Slope O&G Activity Map - 03/01/2026 (Login to read Full story) The latest North Slope Oil and Gas Activity Map, dated January 2026, was released at the end of January by the Alaska Department of Natural Resources' Division of Oil and Gas. (See map in the online issue PDF) The map includes wellhead locations for oil and gas exploration wells completed and sepa....

  • Oil patch bits - Kevin Gunnip, Lynden Logistics, in focus - 03/01/2026 (Login to read Full story) On Thursday, Feb. 19, Kevin Gunnip, senior account executive with Lynden Logistics in Anchorage, was the featured speaker at the Alaska International Business Center's Meet & Brief Luncheon at Sullivan's Steak House in Anchorage. Gunnip is a retired U.S. Air Force Senior Master Sergeant, completing....

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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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