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Sale chatter resumes (Full story)
Speculation has blazed up again, perhaps with greater intensity than ever, that BP will sell part or all of its ownership stake in Prudhoe Bay and perhaps other oil fields on Alaska's North Slope.
BP stoked the conjecture when it announced July 27 that it will divest assets worth up to $30 billion o....
CINGSA applies to RCA (Full story)
With gas utility Enstar Natural Gas Co. wanting to be able to use a planned new gas storage facility on Alaska's Kenai Peninsula by the summer of 2012, to avert Southcentral Alaska gas deliverability shortfalls during the following winter, the race is on to fast track the Kenai gas storage developme....
Gas foundation crumbling (Full story)
A milestone in the history of Canada's natural gas industry is turning into a millstone.
TransCanada's Mainline from Alberta to the big population centers in Eastern Canada, with extensions into the United States, has been a profit and job generator for the gas sector of the Western Canada Sedimenta....
Aurora Gas back on track with Nicolai Creek gas storage project (Full story)
With government approvals moving ahead for Aurora Gas' planned new storage facility in its Nicolai Creek gas field on the west side of Alaska's Cook Inlet and with the passage earlier this year of state legislation designed to encourage the development of new natural gas storage facilities in the Co....
Drilling comes next; Ormat files plan for Mount Spurr bore holes (Full story)
Just a few weeks after filing a plan for summer aerial surveys and fieldwork on the southern flanks of Mount Spurr, an active volcano on the western side of Alaska's Cook Inlet, Reno-based Ormat Nevada has filed another plan, this time for drilling some small-diameter core holes as part of the compa....
Tentative Cook Inlet tariff deal reached
The conflict over a Cook Inlet pipeline operator's steep tariff hike might soon be over.
Lawyers for Cook Inlet Pipe Line Co. and oil producer Cook Inlet Energy on July 26 jointly filed a notice with the Regulatory Commission of Alaska that the two sides have reached an “agreement in principle.”
The....
ConocoPhillips Alaska 2Q profits down 26%
ConocoPhillips earned $381 million in Alaska in the second quarter of the year, down 26 percent from the first quarter and nearly 6 percent from the second quarter of 2009.
Despite those declines, rising oil prices year over year are lifting profits. Over the first six months of the year, ConocoPhil....
Alberta battles headwinds
Alberta Premier Ed Stelmach thinks he's making progress in persuading U.S. lawmakers that the oil sands industry is cleaning up its act.
But, apparently, not everyone in Washington is buying that message.
The Environmental Protection Agency, which regulates U.S. environmental laws, has urged the Oba....
Conoco keeps the oil flowing at Alpine
As with any oil field, the focus at the Alpine field and its satellites in the Colville River unit on Alaska's North Slope is on maximizing field value by slowing as much as possible the inevitable production decline that follows peak field production.
And the most recent progress report that unit o....
US a friend in need
A mounting campaign among United States lawmakers to legislate use of natural gas rather than coal and oil to generate electricity holds hope for the Mackenzie Gas Project, said Northwest Territories Industry Minister Bob McLeod.
Based on a series of meetings with decision-makers in Washington, D.C....
Enbridge in a sticky fix after pipeline rupture
Listen closely and you can probably still catch an echo of the groaning in the downtown Calgary headquarters of Enbridge.
There's no good time for an energy carrier to fess up to a pipeline rupture, resulting in a spill of 3 million liters into a tributary, then into Michigan's Kalamazoo River and p....
Encana sticks to strategy
It was one of those rare occasions when Encana, a pacesetter in developing its unconventional gas resources that sprawl across North America, found disfavor among its shareholders.
In three straight trading days on the Toronto Stock Exchange, Encana shares were trimmed by a total of nearly 8 percent....
Alyeska planning safety review on TAPS
As scrutiny increases in the wake of operational issues, Sen. Lisa Murkowski wants the operator of the trans-Alaska oil pipeline immediately review the safety of the line.
Following a July 26 meeting, Murkowski said Kevin Hostler, the out-going president of Alyeska Pipeline Service Co., the consorti....
DCOM taking comments on North Fork line
A proposed pipeline to market natural gas in the southern Kenai Peninsula is up for review and public comments under the Alaska Coastal Management Program.
Anchor Point Energy, a subsidiary of independent Armstrong Cook Inlet, plans to build a 7.4-mile dual pipeline from the production pad at its No.... |
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Buccaneer applies for 2 Cook Inlet units
Buccaneer Alaska LLC has applied to form two units in Cook Inlet, the Southern Cross unit and the Northwest Cook Inlet unit.
The company said in a July 27 release that it is working on permitting and aims to accelerate time to first production from its Cook Inlet acreage, possibly through access to....
Service firms challenge new moratorium
Hornbeck Offshore Services and several other oilfield services companies operating in the Gulf of Mexico have challenged the U.S. Department of the Interior's new deepwater outer continental shelf drilling moratorium, announced by Interior Secretary Ken Salazar July 12.
In a July 26 filing with the....
Pushing Arctic sovereignty
The Canadian government needs to be more assertive in advancing its Arctic sovereignty claims, using the Mackenzie Gas Project as a key element of that strategy, Northwest Territories Premier Floyd Roland told a conference of government leaders from the United States and Canadian northwest.
As forei....
US, Canadian scientists map Arctic seafloor
U.S. and Canadian scientists will map the Arctic seafloor this summer, gathering data to help define the outer limits of the continental shelf.
The U.S. Geological Survey said in a July 26 press release that under the United Nations Convention on the Law of the Sea, coastal nations automatically ha....
CPAI requesting in-state tariff hike
ConocoPhillips wants to increase shipping rates on the trans-Alaska oil pipeline for the third time in three years. The company is asking state regulators for permission to increase the tariff on North Slope oil bound for markets within Alaska by 12 percent.
ConocoPhillips said the increase is neede....
Parnell adviser resigns amid hiring uproar
A top energy adviser to Gov. Sean Parnell is resigning amid questions about the legality of his hiring.
Gene Therriault, in a resignation letter dated July 28, said the “political turmoil” generated by Parnell detractors over his hiring last year has become a distraction and potential detriment to....
Regulatory board says censorship a ‘mistake'
The public may never have felt more certain about its right to know the details of blowout response plans by offshore explorers.
Amid the fallout from the Gulf of Mexico catastrophe, it would seem, at the least, to be unwise for a regulatory body to black some details of Chevron Canada's plan to han....
Cook Inlet Energy revives Kustatan well
Anchorage-based Cook Inlet Energy has restored production from a natural gas well at its Kustatan field.
The KF-1 well, on the west side of Alaska's Cook Inlet, tested at 70,000 cubic feet per day of initial production, says a July 22 press release from Cook Inlet Energy's parent company, Miller Ene....
State has marginal open season role
As important as the current open seasons are for an Alaska gas pipeline project, the state doesn't have much of a role in that alignment, Alaska Commissioner of Revenue Pat Galvin told the Anchorage Chamber of Commerce July 26.
Illustrating his point with a Venn diagram, the commissioner said the o....
Oil Patch Bits: Tom Maloney Named CH2M HILL Alaska Area Manager
CH2M Hill, a global full-service consulting, design, construction, and operations firm, said July 27 that it has named Tom Maloney as Alaska area manager. In this role Maloney will be responsible for managing and developing client relationships in the energy, water, transportation, environmental, fa....
Oil Patch Bits: Nalco to host two informative seminars in August
Nalco Co., in conjunction with Hach, Jaffa, and Delta P, will be hosting two information-packed seminars targeted to those involved in all aspects of boiler operation and steam generation, in Anchorage Aug. 24 at the Embassy Suites and in Fairbanks Aug. 26 at the Westmark Hotel. The focus will be on....
Oil Patch Bits: Hall announced new Lounsbury & Associates surveyor
Lounsbury & Associates said July 22 that it welcomes James Hall, PLS, to its staff as project surveyor. Hall has 12 years of land surveying experience on a wide variety of projects — from solar, wind and natural resource development to construction surveys for highways and residential subdivisions.....
‘Energy reality tour' hits Anchorage
Karen Harbert, the featured speaker at a recent Resource Development Council for Alaska luncheon, apologized to her audience in advance for causing indigestion with her speech.
Business and industry players, she said, had better get involved or else face some unfavorable new laws from Washington, D..... |