|
|
|
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 strange year (Full story)
ConocoPhillips’ annual report usually arrives in the middle of the Alaska Legislative session, providing plenty of fodder for lawmakers arguing about the state’s policy toward the oil industry. This year, though, the year-end filing is a complicated package.
Alaska profits dropped, but less than in....
Poll: pessimism on gas line (Full story)
Many Alaskans are skeptical the Alaska Gasline Inducement Act will deliver a natural gas pipeline, a poll prepared for the state Legislature shows.
The Dittman Research poll put this question to Alaskans:
“How confident are you that former Gov. Palin’s AGIA plan will be successful in getting a natur....
Kogas cuts EnCana deal (Full story)
State-run Korea Gas Corp. or Kogas, the world’s largest importer of liquid natural gas, has given added impetus to Canada’s hopes of exporting gas outside of North America by committing to spend US$1.1 billion over the next five years to explore and produce British Columbia shale gas.
Already positi....
Greening of Oil - Latest from Mac Ackers (Full story)
HEADED TO ANTARCTICA … By now you’ve heard our big news: Greening of Oil has launched an Antarctica expedition blog at www.greeningofoil.com/antarctica.aspx — in English AND Arabic. Qatari engineer Abdulla AlMisnad, who works for Shell, is joining polar explorer Robert Swan’s 2041 team to the southe....
FERC gets range of open season comments — from OK to fix it (Full story)
It’s OK; it’s not OK. That’s pretty much the range of what a handful of commenters told the Federal Energy Regulatory Commission about TransCanada’s proposal for an open season for the Alaska Pipeline Project.
TransCanada is proposing to build a natural gas pipeline to take Alaska North Slope gas t....
GRETC & RIRP still to reach Legislature
An Alaska Railbelt power and gas utility task force has largely completed its review of proposed legislation to establish a Greater Railbelt Energy and Transmission Co., or GRETC, for the Alaska Railbelt and has come up with a set of recommendations to place before a committee of the Alaska Legislat....
Alberta royalties, taxes a disincentive
Not that it needed any more prodding, but the Alberta government has been told it needs to rework its royalty and tax policies, or risk losing investment to other energy hotspots in North America.
Alberta’s new royalty regime is “hurting, especially with respect to conventional oil and gas investmen....
RCA denies Enstar recovery after error
The Regulatory Commission of Alaska has denied Enstar Natural Gas Co.’s request to recover $5.7 million related to an error in billing between 2002 and 2007 for gas delivered to a Fort Richardson laundry.
The amount was included in Enstar’s tariff on a provisional basis; RCA is now requiring Enstar....
Oil sands action in overdrive
Turn your back for a minute these days and you’re bound to miss some action in the Alberta oil sands.
In the space of 48 hours, starting Feb. 24, the news came in a torrent.
• Syncrude Canada pumped fresh life into a 200,000-barrel-per-day expansion of the world’s largest synthetic crude operation,....
February ANS down slightly from January
Alaska North Slope crude oil production averaged 670,144 barrels per day in February, down 0.27 percent from a January average of 671,989 bpd.
The largest per-barrel change was at Prudhoe Bay, which averaged 346,517 bpd in February, up 2.24 percent or 7,602 bpd from a January average of 338,915 bpd....
Shale gas spreads wings beyond BC
Canadian shale gas development is set to breaks out of its British Columbia confines, propelled by expectations of blockbuster March land sales in Alberta and initial success from a test well in Quebec.
The quiet stirrings of interest in the Devonian Duvernay play in northern Alberta could turn into....
Cook Inlet partner eyeing North Slope
GMT Exploration, the big bidder at the state’s Beaufort Sea lease sale on Feb. 24, is a newcomer to the North Slope, but the Denver-based independent is not completely new to Alaska.
GMT Exploration is a subsidiary of GMT Capital Corp., a private investment firm founded in 1990 that manages several.... |
|
U.S. shale gas could displace Canada gas
The explosion in shale gas across North America may have some negative consequences for Western Canadian producers, who have dominated markets in Ontario for 50 years.
The prospective flood of new gas from the Marcellus shale in Pennsylvania and West Virginia may find its way into Canada’s most popu....
Pioneer launches probe into complaints
Rumors of Pioneer Natural Resources mishandling fluids at its northern Alaska Oooguruk oil field stem from two complaints; one anonymous and the other from an employee. They were received by the company on Feb. 19 and Feb. 22.
In response, Pioneer launched an internal investigation and informed thre....
Aussie indie picks up Cook Inlet leases
An Australian company focused on innovative coal-based energy is buying the Cook Inlet acreage of a small independent and plans to drill an exploration well this year.
Linc Energy (Alaska) Inc., the local subsidiary of an Australian exploration and production firm with assets in Australia, Vietnam a....
Exxon fights DNR appeal to Supreme Court
Lawyers for ExxonMobil and other oil companies are urging the Alaska Supreme Court not to get involved just yet in the Point Thomson case.
On March 1 the companies filed a 15-page brief opposing a Department of Natural Resources petition to the high court seeking review of a January ruling that went....
Panel OKs Persily as federal coordinator
The Senate Energy and Natural Resources Committee on March 3 voted to advance Larry Persily’s nomination as the new federal coordinator for Alaska natural gas transportation projects.
“Developing our natural gas resources is integral to Alaska’s future,” said U.S. Sen. Lisa Murkowski of Alaska, the....
USARC calls for more oil spill research
Citing increased shipping and oil industry activity in Arctic seas, as sea ice recedes in the face of global warming, the U.S. Arctic Research Commission has published a white paper recommending additional U.S. federal funding for research into Arctic oil spill prevention and response. The commissio....
Senate Finance proposes gas tax change
There are a number of tax change bills in the Alaska Legislature and another is about to be added, but this one is perhaps more time sensitive than some others.
Sen. Bert Stedman, R-Sitka, co-chair of the Senate Finance Committee, said Feb. 26 at a press conference that as a result of two weeks of....
Oil Patch Bits: ExxonMobil headquarters employees host students
ExxonMobil said Feb. 18 that more than 55 local girls participated in the company’s annual “Introduce a Girl to Engineering Day.” The middle-school girls were given dowel sticks, index cards, marshmallows and rubber bands and challenged to build a catapult. The hope of the ExxonMobil employees at th....
Oil Patch Bits: Rain for Rent’s high flow HH-125c moves more water
Rain for Rent said Feb. 25 that its HH-125c 4-inch pump is specifically designed to produce high flow and high discharge head for various applications such as dewatering mines and quarries. The HH-125c also functions as a force main sewer bypass pump and handles solids to 3-inch diameter. Capable of....
Oil Patch Bits: NMS recognized as a top minority-owned business
NANA Management Services said Feb. 26 that it has once again been recognized as one of the top minority-owned businesses in the country. This is the second consecutive year that NMS has achieved this honor from Diversity Business.com in its annual “Top 500 Diversity Owned Businesses in the U.S.” lis....
ORPC plans Cook Inlet tidal energy pilot
In the latest step in its initiative to harness the swiftly moving tidal currents that sweep up and down Alaska’s Cook Inlet, renewable energy firm Ocean Renewable Power Co. has applied to the Federal Energy Regulatory Commission for a license for a pilot tidal power system. In the summer or fall of....
Inlet well tests at 578 bpd, Miller says
Tennessee-based Miller Energy Resources announced March 3 its Alaska subsidiary, Cook Inlet Energy, has completed “the first of several major well reworks.”
The West McArthur River Unit-5 well tested at a flow rate of 578 barrels of oil equivalent per day after a workover that included replacing the.... |
|
|
|
|
|
|
Petroleum News
ANNOUNCEMENTS
**************
Mouseover to stop
************
Arctic Ice and Snow Roads 2010 Conference
March 30, 2010
Anchorage Marriott Downtown
Conference details
Mouseover to stop
************
|
Mouseover to stop
clickable ads
Mouseover to stop
clickable ads
Mouseover to stop
clickable ads
Mouseover to stop
clickable ads
Mouseover to stop
clickable ads
|
|
|
|