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Cosmopolitan in default
- 06/01/2025 (Login to read Full story)
On May 23, John Martineck of BlueCrest Alaska Operating was sent by certified mail a notice of default for the Cook Inlet Cosmopolitan unit from Commissioner John Boyle of the Alaska Department of Natural Resources.
The default was due to BlueCrest's failure to meet the commitments in the DNR Divis....
Supply constricts ANS
- 06/01/2025 (Login to read Full story)
Alaska North Slope crude reestablished itself in the upper quadrant of the $60s May 28, rising 75 cents to close at $67.88 per barrel. West Texas Intermediate rose 95 cents on the day to close at $61.84 and Brent rose 81 cents to close at $64.90.
From Wednesday to Wednesday, ANS gained just 21 cent....
A branch in the road
- 06/01/2025 (Full story)
With firm contracts for natural gas supplies to Southcentral Alaska gas and electricity utilities expected to fall short of gas demand in the next three years, the utilities and the gas producers will need to make some critical decisions over how best to ensure the continuity of energy supplies to A....
Drue Pearce joins Interior to work on 'unleashing Alaska's energy' - 06/01/2025 (Login to read Full story)
As reported by Liz Ruskin of Alaska Public Media on May 23 from Washington, D.C., Drue Pearce, a former president of the Alaska Senate, has taken a new job in the U.S. Interior Department.
"I'm counselor to the assistant secretary in the Land and Minerals hallway," she said in an interview from her....
Recently OK'd Prudhoe IPA POD shows strong continued drilling
- 06/01/2025 (Login to read Full story)
The recently approved 2025 plan of development for the Prudhoe Bay Initial Participating Area -- the oil rim and gas cap -- shows continuation of strong development drilling.
Prudhoe operator Hilcorp North Slope submitted the 2025 POD April 1; the Alaska Department of Natural Resources' Division of....
Hilcorp: Plans screeding at Nikaitchuq, Oooguruk
- 06/01/2025 (Login to read Full story)
Hilcorp Alaska plans screeding activities at Nikaitchuq and Oooguruk this summer, with work at Oooguruk approved and an application in for screeding and barge landing work at Nikaitchuq.
The Alaska Department of Natural Resources' Division of Oil and Gas approved screeding activities at Oooguruk in.... |
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ANS production up slightly led by NGLs
- 06/01/2025 (Login to read Full story)
Alaska North Slope liquids production averaged 477,764 barrels per day in April, up 0.36%, 1,701 bpd, over 476,063 bpd in March and up 0.3% from 476,321 bpd in April 2024. ANS crude, 88.91% of the total, averaged 424,778 bpd in April, down 956 bpd, 0.22%, from a March average of 425,734 bpd but up 0....
Sidebar: Cook Inlet gas down 2.34% in April
- 06/01/2025 (Login to read Full story)
Cook Inlet natural gas averaged 194,107 thousand cubic feet per day in April, down 4,648 mcf per day, 2.34%, from a March average of 198,755 mcf per day and down 4.03% from an April 2024 average of 202,262 mcf per day. The six most prolific Cook Inlet fields accounted for 81.63% of April production,....
Alaska-Mackenzie Rig Report - 06/01/2025 (Login to read Full story)
Alaska-Mackenzie Rig Report - You must be a logged in subscriber to read this report.....
Granite Point, Trading Bay PODs approved
- 06/01/2025 (Login to read Full story)
2025 plans of development for Hilcorp Alaska's Granite Point and Trading Bay units, both offshore in Cook Inlet, have been approved by the Alaska Department of Natural Resources' Division of Oil and Gas. The approvals were signed May 20 by division Director Derek Nottingham and cover July 1 through....
Baker Hughes US rig count drops 10 to 566
- 06/01/2025 (Login to read Full story)
Baker Hughes' U.S. rotary drilling rig count was 576 on May 23, down by 10 from the previous week, down by 34 from 600 a year ago and down by 12 from two weeks ago. Over the last eight weeks the rig count was up in two weeks and down in six with a combined loss of 30 against a gain of four. This is.... |
