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Successful test
- 05/04/2025 (Login to read Full story)
On April 24, APA Corp. and its partners Lagniappe Alaska LLC, an Armstrong company, and Oil Search (Alaska) LLC, a subsidiary of Santos Ltd., announced the results of a successful flow test of the Sockeye-2 exploration well on the eastern North Slope.
Apache holds a 50% working interest, operator La....
Supply up/demand down
- 05/04/2025 (Login to read Full story)
Alaska North Slope crude plunged $1.74 April 30 to close at $64.92 per barrel, West Texas Intermediate plummeted $2.21 to close at $58.21 and Brent dove $1.13 to close at $63.12 as price weakness accelerated on the specter of swelling supply and diminished demand.
ANS crossed below $65 on the day an....
Whiskey Gulch gas coming
- 05/04/2025 (Login to read Full story)
Hilcorp Alaska is planning to bring new gas into production on the lower Kenai Peninsula.
The company has applied to the Alaska Department of Natural Resources' Division of Oil and Gas to install gas production infrastructure on its existing Whiskey Gulch Pad near Anchor Point, north of the company....
DNR approves North Fork unit leases to be assigned to Hilcorp - 05/04/2025 (Login to read Full story)
Retroactive to Feb. 1, the Alaska Department of Natural Resources' Division of Oil and Gas approved the assignment of the five North Fork unit leases from Vision Resources LLC to Hilcorp Alaska LLC on April 30.
As reported in the April 13 issue of Petroleum News, Hilcorp is in the process of buying....
Finnex advancing production, work in Southern Miluveach unit
- 05/04/2025 (Login to read Full story)
The largest increase in North Slope oil production in March was from the Southern Miluveach unit, which averaged 216 barrels per day in March, compared to a February average of 12 bpd.
The field is operated by Mustang Holding, a Finnex company.
During March one well, North Tarn-1A, was in production....
BOEM seeks public comment on new OCS oil and gas leasing program
- 05/04/2025 (Login to read Full story)
The U.S. Department of the Interior said April 29 that the Bureau of Ocean Energy Management would request information and comments on the 11th National Outer Continental Shelf Oil and Gas Leasing Program, beginning with publishing the request for information and comments in the Federal Register Apr....
ANS production down 1.9% month over month
- 05/04/2025 (Login to read Full story)
Alaska North Slope production averaged 476,063 barrels per day in March, down 9,200 bpd, 1.9%, from a February average of 485,263 bpd and down 1.1% from a March 2024 average of 481,347 bpd. ANS crude accounted for 89.43% of March production, 425,734 bpd, down 4,166 bpd, 0.97%, from a February averag.... |
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Sidebar: Cook Inlet gas production up 3.21%
- 05/04/2025 (Login to read Full story)
Cook Inlet natural gas production averaged 198,755 thousand cubic feet per day in March, up 6,188 mcf per day, 3.21% from a February average of 192,567 mcf per day but down 3.35% from a March 2024 average of 205,643 mcf per day.
Seven large fields accounted for 87.19% of Cook Inlet gas production i....
Alaska-Mackenzie Rig Report - 05/04/2025 (Login to read Full story)
Alaska-Mackenzie Rig Report - You must be a logged in subscriber to read this report.....
This month in history: Governor: Slope gas negotiations moving - 05/04/2025 (Login to read Full story)
Editor's note: This story first appeared in the May 1, 2005, issue of Petroleum News.
It's going to be historic, and the decision will be made soon, Alaska Gov. Frank Murkowski said April 27, 2005, when he updated members of the Alaska Legislature on negotiations under the Alaska Stranded Gas Develo....
Baker Hughes US rig count up by 2 at 587 - 05/04/2025 (Login to read Full story)
Baker Hughes' U.S. rotary drilling rig count was 587 on April 25, up by two from the previous week, down by 26 from 613 a year ago and down by four from two weeks ago. Over the last eight weeks the rig count was up in three weeks, down in four and unchanged in one with a combined loss of 11 against....
Enstar applies to RCA for rate increase
- 05/04/2025 (Login to read Full story)
Enstar Natural Gas Co. has filed with the Regulatory Commission of Alaska for a rate increase.
In prefiled testimony, Enstar President John Sims said RCA ordered Enstar to file a rate case in 2025 or 2026 based on a 2024 or 2025 test year. He said the company is requesting an overall increase of 5.....
Division approves Cook Inlet Energy PODs
- 05/04/2025 (Login to read Full story)
On April 17, Cook Inlet Energy's Chief Operating Officer David Pascal received approval for proposed plans of development for the West McArthur River and Redoubt units from Derek Nottingham, director of Alaska's Division of Oil and Gas.
The units saw a 29% and 22% increase, respectively, for the ave.... |
