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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.
  • A battle in the making - 03/24/2019 (Login to read Full story) A Regulatory Commission of Alaska order granting a temporary stay of Fairbanks utility Golden Valley Electric Association's obligation to prepare a tariff for Eco Green Generation LLC for a proposed new power supply system for the Fairbanks area has evoked a strident response from Eco Green. The dev....

  • Hilcorp seismic still on - 03/24/2019 (Login to read Full story) Hilcorp's 2019 offshore seismic program planned for federal waters 20 miles due west of Homer in lower Cook Inlet has been delayed by last year's federal government shutdown, but it has not been canceled, the company said. The new projected start date is May 3, Mike Dunn, Hilcorp development manager....

  • Canada chases conduits - 03/24/2019 (Login to read Full story) Canada is pulling all the government, regulatory and legal levers at its disposal in an effort to restart construction on the three oil export pipelines that are currently stalled. Federal Natural Resources Minister Amarjeet Sohi met with U.S. Secretary of Energy Rick Perry at a Houston energy confe....

  • Kitchen Lights pipeline cleared, gas production to be restored - 03/24/2019 (Login to read Full story) Furie Operating Alaska has cleared the obstruction that had been blocking the subsea pipeline that carries gas from the company's Kitchen Lights gas field in Cook Inlet, Scott Pinsonnault, Furie chief operating officer, told Petroleum News in a March 19 email. “We have safely restored utility and co....

  • Mixed picture for Inlet drilling, with oil up, but gas more variable - 03/24/2019 (Login to read Full story) An examination of Alaska Oil and Gas Conservation Commission drilling data for Cook Inlet in recent years shows some interesting patterns. The drilling of oil wells, in particular, has seen a steady climb since dropping to just one well in 2015, presumably in response to the low oil price at the tim....

  • Revenue spring forecast: price up slightly, production down slightly - 03/24/2019 (Login to read Full story) The Alaska Department of Revenue released its Spring 2019 Revenue Forecast March 15. The forecast for the Alaska North Slope oil price is up 94 cents per barrel, 1.4 percent, to $68.90 per barrel for fiscal year 2019, from $67.96 per barrel in the fall forecast, Commissioner Designee Bruce Tangeman....

  • Delivering a rebuke: Imperial Oil slows Aspen oil sands project work - 03/24/2019 (Login to read Full story) A mere five months after giving the go-ahead to a new C$2.6 billion oil sands project in Alberta, Imperial Oil has done an about turn, delaying the scheduled startup date by a year to 2023. In the process it has delivered on a threat to slow down spending on its Aspen project unless the Alberta gove....

  • Gov. Dunleavy led CERAWeek delegation - 03/24/2019 (Login to read Full story) Alaska Gov. Mike Dunleavy led a small state delegation to CERAWeek 2019 in Houston the week of March 11. “Alaska represents one of the safest, most predictable and most prolific targets for energy development in the world, and there is no more important place to deliver that message than at CERAWee....

  • Conoco plans as many as 14 Colville wells - 03/24/2019 (Login to read Full story) ConocoPhillips Alaska has turned in its 21st annual status update for the Colville River unit. While the public version of the plan does not include exploration plans — the company says those are confidential — ConocoPhillips does say it plans to drill as many as 14 development wells in the unit dur....

  • Statutes for electric reliability? - 03/24/2019 (Login to read Full story) In conjunction with the drafting of a letter to the Alaska Legislature providing an assessment of the status of efforts towards a more unified approach to the operation of the Alaska Railbelt electrical system, the Regulatory Commission of Alaska has published a draft of suggested statutory language....

  • Panel assembled for CI pipeline review - 03/24/2019 (Login to read Full story) As part of a risk assessment of Cook Inlet oil and gas pipelines, the Alaska Department of Environmental Conservation and the Cook Inlet Regional Citizens Advisory Council have selected a panel of five experts to develop recommendations for assuring pipeline integrity and safety in the Cook Inlet re....

  • CORRECTION - AOGCC commissioner qualifications - 03/24/2019 (Login to read Full story) Petroleum News misstated required qualifications for the petroleum engineer commissioner on the Alaska Oil and Gas Conservation Commission in a story in the March 17 issue. That seat requires either a certificate of registration as an engineer in Alaska and qualification as a petroleum engineer und....

  • US drilling rig count down by 1 to 1,026 - 03/24/2019 (Login to read Full story) The number of rigs drilling for oil and natural gas in the U.S. dropped by one the week ending March 15 to 1,026. A year ago the count was 990 active rigs. Houston oilfield services company Baker Hughes reported that 833 rigs targeted oil (down one from the previous week) and 193 targeted natural g....

  • DOG approves 3-D survey south of Horseshoe - 03/24/2019 (Login to read Full story) Alaska's Division of Oil and Gas has approved a permit for SAExploration Inc and Kuukpik to conduct a 490-square-mile 3-D seismic survey on the east side of the Colville River, extending south from the location of the Horseshoe well, where Armstrong Energy discovered oil in the Nanushuk formation in....

  • Explorers magazine preview: Oil Search leads Slope renaissance; doing appraisal wells, 3-D seismic - 03/24/2019 (Login to read Full story) In its 2018 annual results presentation on Feb. 18, 2019, Oil Search said it plans to drill three Horseshoe wells and acquire new seismic in the area in the 2019-20 winter off-road season. The wells will help the company decide whether to build a standalone processing facility for Horseshoe or tie i....

  • Oil Patch bits: Four board members elected at Doyon annual meeting - 03/24/2019 (Login to read Full story) Doyon Ltd. said March 15 that at its annual meeting of shareholders four individuals were elected to Doyon's 13-member board of directors. Elected with three-year terms ending in 2022 were Betty Huntington, Jerry Isaac, Sonta Hamilton-Roach and Miranda Wright. The newly elected and re-elected board....

  • Oil patch bits: API announces 653 tank inspection exam prep class - 03/24/2019 (Login to read Full story) ARCTOS Alaska, a division of NORTECH, recently said that Marty Anderson will be giving a class to prepare for the American Petroleum Institute 653 tank inspection certification examination the week of July 8-12 at its offices in Anchorage. If there's enough interest the company will consider moving....

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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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