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  • Unit expansion sought - 07/23/2017 (Full story) Brooks Range Petroleum Corp. wants to expand the Southern Miluveach unit. The state is considering a request from the operating arm of the multi-party joint venture to add approximately 19,552 acres from 11 leases to the north, west and northeast of the onshore North Slope unit. The expansion would....

  • BP reports spill cause - 07/23/2017 (Full story) In a report to the Alaska Oil and Gas Conservation Commission, BP has attributed a wellhead leak in the Prudhoe Bay oil field in April to permafrost subsidence and a resulting failure of the surface well casing. BP has now shut in 14 wells that have the same casing design and is conducting an assess....

  • Compromise reached - 07/23/2017 (Full story) The Alaska Legislature's House and Senate reached compromise on enough points to pass House Bill 111 on July 15, the last day of this year's second special session. Agreement had existed for some time on ending cash credits offered to explorers on the North Slope, but differences between an expansiv....

  • Balash named to Interior post - 07/23/2017 (Login to read Full story) Joe Balash, currently chief of staff to U.S. Sen. Dan Sullivan, has been named by President Donald Trump as assistant secretary of the Interior, Land and Mineral Management. Balash is a former commissioner of the Alaska Department of Natural Resources and was deputy DNR commissioner from 2010 to 20....

  • Hilcorp requests pipeline permit - 07/23/2017 (Login to read Full story) Harvest Alaska LLC, the Hilcorp Energy subsidiary responsible for Hilcorp pipelines in Alaska, has applied to the U.S. Army Corps of Engineers for a permit associated with the construction of a new oil transportation pipeline between the Granite Point tank farm and the Kaloa pipeline junction on the....

  • Oil executives gloomy on oil price - 07/23/2017 (Login to read Full story) During the World Petroleum Congress in Istanbul earlier in July, several oil industry chief executives expressed a view that oil prices are likely to remain depressed for several years, according to reports from SeekingAlpha and Bloomberg. According to a SeekingAlpha report BP CEO Bob Dudley, reflec....

  • Crude price down to lowest since November - 07/23/2017 (Login to read Full story) The spot price for North Sea Brent crude averaged $46 per barrel in June, the lowest monthly average since November, and down $4 per barrel from May, the U.S. Energy Information Administration said June 11 in its monthly Short-Term Energy Outlook. The agency has lowered its forecast Brent prices fo....

  • Giessel: Cashable credits needed to go - 07/23/2017 (Login to read Full story) Sen. Cathy Giessel is home after nearly six months of work, mostly in Juneau, which ended July 15 with the Legislature agreeing on HB 111, the oil tax bill that essentially brings an end to oil companies' ability to exchange tax credits for cash. But even as the Anchorage Republican wrapped up anoth....

  • IEA reports drop in energy investment - 07/23/2017 (Login to read Full story) Total worldwide energy investment of just over $1.7 trillion in 2016 was 12 percent less than investment in 2015, according to the International Energy Agency's recently released World Energy Investment 2017 report. The drop in investment primarily resulted from a fall of more than 25 percent in spe....


  • Spill response tests use Ohmsett tank - 07/23/2017 (Login to read Full story) The federal Bureau of Safety and Environmental Enforcement's Ohmsett on-water oil spill response test facility in New Jersey has reported in its latest gazette some recent and current research projects aimed at improving offshore oil spill response capabilities. The facility has a large tank with a....

  • Coast Guard launches Arctic Shield 2017 - 07/23/2017 (Login to read Full story) The U.S. Coast Guard has kicked off its Arctic Shield 2017 operations, the agency announced July 1. Arctic Shield, which began in 2009, involves deploying assets and personnel in the Arctic region during the open water season in response to increased maritime activity in the region in recent years. ....

  • AOGCC sets Tolsona hearing date - 07/23/2017 (Login to read Full story) The Alaska Oil and Gas Conservation Commission has set a Sept. 12 date for a public hearing on its proposed enforcement action against Tolsona Oil and Gas Exploration for Tolsona's failure to follow approved permit requirements at the Tolsona 1 well (see stories in June 4 and July 9 issues of Petrol....

  • Utqiagvik spill response seminar planned - 07/23/2017 (Login to read Full story) The U.S. Coast Guard and its partner agencies will hold a three-day oil spill response seminar for North Slope residents in Utqiagvik July 25 to 27, the Coast Guard has announced. The seminar will cover environmental law, the Incident Command System, oil spill science, the recovery of spilled oil on....

  • TAPS construction required innovations - 07/23/2017 (Login to read Full story) Construction of the trans-Alaska pipeline system, TAPS, was an engineering and technical marvel, but it was also a challenge where oil companies and pipeline builders had to learn fast, adapting as they went. Pipeline engineers understood how to build across central Texas or in Nebraska, but they di....

  • Hilcorp applies for more gravel mining - 07/23/2017 (Login to read Full story) Hilcorp Alaska has applied to the Alaska Department of Natural Resources for an expansion to Mine Site E on the North Slope, for the provision of gravel for pad expansions in support of the drilling of new wells in the Milne Point unit. The company has also applied to purchase 500,000 cubic yards of....

  • Oil Patch Bits: AECOM announces Andrews as its student intern - 07/23/2017 (Full story) AECOM, a premier, fully integrated global infrastructure firm, recently announced that it has hired Corissa Andrews to support its Alaska operations as a student intern. In this role, Andrews will provide project and administrative support to Anchorage's 700 G Street location. “I am eager to announc....

  • Oil Patch Bits: PND engineer addresses fish waste management - 07/23/2017 (Login to read Full story) PND Engineers Inc. said July 12 that a chapter by Alex Jefferies, PE, a hydraulic engineer with PND's Anchorage office, is included in a newly published textbook intended to help educators engage youth in discussions about the past, present, and future role of animals in science education. “Engineer....

  • Petroleum News also offers a News Bulletin Service.
    You must subscribe to this service to receive current News Bulletins.
    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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