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  • Placer POD extended - 05/19/2019 (Login to read Full story) On May 10 Alaska's Division of Oil and Gas extended the end date for ASRC Exploration LLC's 2018 plan of development for the Pacer unit from March 31 to July 10 of this year. The agency was responding to an April 18 decision by the Alaska Department of Natural Resources over an appeal by AEX against....

  • Kitchen unit auction? - 05/19/2019 (Login to read Full story) Furie Operating Alaska had been making good progress in the Kitchen Lights offshore gas field, having completed its planned 2018 drilling program and thus curing a 2017 default with the Alaska Department of Natural Resources' Division of Oil and Gas, along with securing approval in December of its n....

  • Alberta sounds alarm - 05/19/2019 (Login to read Full story) The number of companies exploring for and producing oil and natural gas in Western Canada slumped from 1,616 four years ago to 1,334 at the end of 2018, down 17.5%. Direct employment in the sector is forecast to drop 23% to 173,300 from 226,500 in 2014. The upshot is that municipal governments are h....

  • Oil Search confirms plans for North Slope at annual meeting - 05/19/2019 (Login to read Full story) Alaska “exploration licenses,” meaning prospective leased areas, and Oil Search's ownership percentages were identified in a shareholder document as the following: Antigua, 25.5%; Atlas A, 25.5%; Atlas B, 25.5%; Grizzly, 51%; Harrison Bay, 25.5%; Kachemach, 25.5%; Thetis, 25.5%; Horseshoe, 37.5%; Hu....

  • SALSA on fall lease sale menu again this year; no takers in 2018 - 05/19/2019 (Login to read Full story) Last year the state offered Special Alaska Lease Sale Areas, SALSA, in its North Slope and Beaufort Sea areawide lease sales. SALSA is on the menu again this year. The Alaska Department of Natural Resources' Division of Oil and Gas has posted an updated version of the SALSA data guide online at htt....

  • RCA sets Chugach Electric, ML&P agenda; hearings to end in August - 05/19/2019 (Login to read Full story) The Regulatory Commission of Alaska has issued an order setting a hearing schedule for its review of Chugach Electric Association's proposed purchase of Municipal Light & Power. The schedule involves two hearings, the last of which will end on Aug. 27. The statutory deadline for the commission to ma....

  • More stalling on Trans Mountain; may be pivotal in October election - 05/19/2019 (Login to read Full story) The Canadian government of Prime Minister Justin Trudeau shows every sign of turning the Trans Mountain pipeline project into a pivotal issue in the federal election expected sometime in October, ignoring the fact that it has invested C$4.5 billion in the existing and proposed expansion of the shipp....

  • French has appealed both AOGCC decisions - 05/19/2019 (Login to read Full story) Hollis French, formerly chair of the Alaska Oil and Gas Conservation Commission, appealed a decision of the commission denying his request for a hearing on gas which leaked from a Prudhoe Bay well in 2017. French had also requested a hearing on gas which leaked in Cook Inlet in 2017, which the comm....

  • RCA orders review of CINGSA tariff - 05/19/2019 (Login to read Full story) The Regulatory Commission of Alaska has issued an order initiating a review of the non-revenue components of Cook Inlet Natural Gas Storage Alaska's tariff. In response, CINGSA has filed a request that the review should be delayed, given what it says is the significant overlap between this review an....

  • FERC to prepare EA on Nikiski LNG project - 05/19/2019 (Login to read Full story) The Federal Energy Regulatory Commission said May 13 that it will prepare an environmental assessment for the proposed Kenai LNG Cool Down Project (see story in May 2 issue). The LNG plant, built by Phillips and Marathon in the 1960s, is now operated by Trans-Foreland Pipeline Co., which owns 100%....

  • IEA: Energy investment stabilizes in 2018 - 05/19/2019 (Login to read Full story) Global energy investment was relatively stable last year at more than $1.8 trillion, following three years of decline, the International Energy Agency said in its 2018 World Energy Investment report, released earlier in May. The report covers energy broadly providing interesting insights into chang....

  • Final EIS for Grant Lake hydro published - 05/19/2019 (Login to read Full story) The Federal Energy Regulatory Commission has issued a final environmental impact statement for the proposed development of a hydropower system at Grant Lake on Alaska's Kenai Peninsula. The agency is proposing that the development should proceed, but with some adjustments to the development and oper....

  • BSEE uses risk-based inspection program - 05/19/2019 (Login to read Full story) The federal Bureau of Safety and Environmental Enforcement has reported on the results of a new risk-based inspection program that the agency has been operating over the past year. The program supplements the normal schedule of field inspections of offshore oil and gas production facilities by carry....

  • DNR recruiting for DO&G director position - 05/19/2019 (Login to read Full story) The Alaska Department of Natural Resources is recruiting for the position of director of the Division of Oil and Gas. The previous director, Chantal Walsh, resigned in February, effective March 1, to return to Petrotechnical Resources of Alaska, a consulting firm she and her husband Tom Walsh co-fo....

  • Explorers magazine preview: Jade cuts deal with Point Thomson owners to drill Sourdough - 05/19/2019 (Login to read Full story) For years industry observers saw production at the untapped Sourdough oil discovery on state land next to the border of the Arctic National Wildlife Refuge as key to opening ANWR's 1002 area to oil and gas exploration and development because geologists thought the Sourdough oil pool ran under the bo....

  • Bill for electric reliability organization - 05/19/2019 (Login to read Full story) House Bill 151, a bill that would ensure Regulatory Commission of Alaska authority over an electric reliability organization, has been introduced in the Alaska Legislature. The bill was referred to the House Energy Committee and was discussed during a May 9 meeting of the committee. During the meeti....

  • US drilling rig count drops 2 to 988 - 05/19/2019 (Login to read Full story) The number of rigs drilling for oil and natural gas in the U.S. dropped by two the week ending May 10 to 988. A year ago the count was 1,045 active rigs. Houston oilfield services company Baker Hughes reported that 805 rigs targeted oil (down two from the previous week) and 183 targeted natural gas....

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

  • Interior releases final well control regulations 04/14/2016
  • RCA approves ML&P, Chugach Electric gas field purchase 04/22/2016
  • ExxonMobil starts Point Thomson production 04/22/2016
  • Court rejects appeal against Shell air permits 12/26/2012
  • Furie permitting Kitchen Lights development 12/05/2012
  • Conoco applies for Bear Tooth permit 12/03/2012

    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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