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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.
  • Six wells completed - 04/22/2018 (Full story) ConocoPhillips has announced that this winter it completed six North Slope exploration and appraisal wells, one more that the five wells than the company had originally planned. The company drilled the three exploration wells that it had planned and encountered oil in all three wells. And, thanks to....

  • AEX leases extended - 04/22/2018 (Full story) The federal Bureau of Safety and Environmental Enforcement has agreed to defer the expiration of Beaufort Sea leases that Arctic Slope Regional Corp. Exploration acquired from Shell in 2016. The leases, in the Camden Bay region of the Beaufort, comprise the 20-lease Taktuk unit and one additional le....

  • Saving Trans Mountain - 04/22/2018 (Full story) The Canadian government has started financial discussions with Kinder Morgan that Prime Minister Justin Trudeau said will “remove the uncertainty” and ensure that the Trans Mountain pipeline expansion is built. Alberta Premier Rachel Notley said her government will participate in the talks in New Yo....

  • Eni looking to expand in Alaska, - 04/22/2018 (Login to read Full story) Although Eni US Operating has not yet announced results from its offshore North Slope exploration well, the company's CEO Claudio Descalzi said at a recent 2018-21 strategy meeting that the company is “doing well” in Alaska and has plans for “increased investment” in the state. The Italian mega-majo....

  • Oil prices continue climb above $70 - 04/22/2018 (Login to read Full story) The price of oil has continued to climb, with Alaska North Slope crude reaching $71.04 per barrel on April 17. The price climbed steadily between June 2017 and late January of this year, before tumbling somewhat in early February. It has since climbed again to the highest level seen since late 2014,....

  • Shell advances LNG plans - 04/22/2018 (Login to read Full story) Shell Canada, the 50 percent stakeholder in the LNG Canada project, is assembling plans to develop massive gas fields in northeastern British Columbia as it moves closer to an expected final investment decision before the end of 2018. At the forefront is the Groundbirch gas field that is jointly own....

  • Conoco asks for pool rules for Lookout - 04/22/2018 (Login to read Full story) ConocoPhillips Alaska began drilling its first well from the MT6 Pad at its Greater Mooses Tooth Unit on March 21, company representatives told the Alaska Oil and Gas Conservation Commission in an April 3 hearing. The hearing was on establishment of pool rules and an injection order for Lookout, whi....

  • Work proceeds on NS roads project - 04/22/2018 (Login to read Full story) The state is moving ahead with Arctic Strategic Transportation and Resources, or ASTAR, a program aimed at the development of a road infrastructure connecting communities across the whole of Alaska's North Slope, Andy Mack, commissioner of the Alaska Department of Natural Resources, told the House R....


  • AGDC's Meyer: 2018 a year of paperwork - 04/22/2018 (Login to read Full story) Alaska Gasline Development Corp. President Keith Meyer reviewed the corporation's activities over the last year and answered questions at an April 12 press conference following a corporation board meeting. Last year was a year of marketing and AGDC came out of 2017 with great dance partners for the....

  • Drones can improve safety & efficiency - 04/22/2018 (Login to read Full story) Unmanned aerial vehicles, commonly called drones, have gained widespread use in many applications, ranging from aerial photography to mapping. And the oil industry has seen the deployment of drones in activities such as pipeline inspection. On March 29, during the Alaska Oil Spill Technology Symposi....

  • Receipt authority in limbo - 04/22/2018 (Login to read Full story) Gov. Bill Walker included authority for the Alaska Gasline Development Corp. to accept third-party funding in the operating budget. The authority appears in the budget as designated program receipts and would allow AGDC to accept investments from third parties in the Alaska LNG project. As propos....

  • Oliktok pipeline to be converted to NGLs - 04/22/2018 (Login to read Full story) Oliktok Pipeline Co. has requested authorization from the State Pipeline Coordinator's Section of the Alaska Department of Natural Resources' Division of Oil and Gas to convert the Oliktok Pipeline from natural gas to natural gas liquids. The 16-inch 28-mile pipeline originates near Pump Station 1....

  • Railbelt electric utilities file standards - 04/22/2018 (Login to read Full story) Chugach Electric Association has filed with the Regulatory Commission of Alaska a consistent set of reliability standards for the Alaska Railbelt electricity grid, agreed by all six of the Railbelt electricity utilities and the Alaska Energy Authority. Chugach Electric told the commission that the s....

  • Legal battle erupts over credit bonding - 04/22/2018 (Login to read Full story) As the Alaska Legislature winds down, some oil and gas related bills appear to remain in the mix while others are probably stalled. The administration's proposal to bond for payment of the cashable credits owed by the state, primarily to small oil and gas companies, is in House Finance (House Bill....

  • ASRC announces Industrial Services acquisition - 04/22/2018 (Login to read Full story) Arctic Slope Regional Corp. said April 11 that it is pleased to announce the acquisition of F.D. Thomas Inc. and FDT's wholly owned subsidiary D. Zelinsky & Sons by its wholly owned subsidiary ASRC Industrial Services LLC. Headquartered in Medford, Oregon, with satellite offices in Kent, Washington,....

  • 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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