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Yukon Flats exploration
- 08/17/2025 (Full story)
The Alaska Oil and Gas Conservation Commission has issued a permit to Hilcorp Alaska for the drilling of an exploration well in the Yukon Flats Basin in Interior Alaska. As previously reported by Petroleum News, in September 2024 Hilcorp filed an....
New pad for Prudhoe
- 08/17/2025 (Login to read Full story)
Hilcorp North Slope, operator of the giant Prudhoe Bay unit on Alaska's North Slope, is seeking authorization to build yet another oil and gas production pad in order to access undeveloped oil reserves in the Schrader Bluff reservoir. In its proposed unit plan of operations for the new Omega Pad the....
ANS slips into $60s
- 08/17/2025 (Login to read Full story)
After spending most of the summer in the $70s, Alaska North Slope crude joined West Texas Intermediate and Brent in the $60s and spent a trading week there.
On Aug. 12, ANS shed 53 cents to close at $68.29 per barrel, WTI dropped 79 cents to close at $63.17 and Brent shed 51 cents to close at $66.1....
Oil patch insider: AOGA industry award winners
named; icebreaker commissioned - 08/17/2025 (Login to read Full story)
Each year the Alaska Oil and Gas Association recognizes individuals, contractors and projects for achievements in the oil and gas industry in the state. The AOGA Industry Awards celebration will be Aug. 27-28 at the Dena'ina Civic & Convention Center in Anchorage.
2025 AOGA Industry Award winners a....
Hilcorp completes its largest TAR at Prudhoe; Alpine also has work
- 08/17/2025 (Login to read Full story)
North Slope production volumes dropped over the summer as major maintenance projects were underway by Hilcorp North Slope at Prudhoe Bay and by ConocoPhillips Alaska at Alpine.
The change is noticeable in the throughput volumes published by Alyeska Pipeline Service Co. for the trans-Alaska oil pipe....
2Q earnings from ConocoPhillips; Willow Ops Center on schedule
- 08/17/2025 (Login to read Full story)
In connection with ConocoPhillips' quarterly 2025 earnings released on Aug. 7, ConocoPhillips Alaska reported a net income of $135 million in the second quarter.
During the quarter, ConocoPhillips Alaska incurred an estimated $311 million in taxes and royalties, which includes $261 million to the st....
Hilcorp applies for Whiskey Gulch line
- 08/17/2025 (Login to read Full story)
Hilcorp Alaska has applied for a lease plan of operations amendment to install a gas production pipeline on the existing Whiskey Gulch Pad near Anchor Point to connect existing production to the Enstar natural gas transmission pipeline.
The Alaska Department of Natural Resources' Division of Oil an.... |
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Hilcorp files GPMA '25 plan of development
- 08/17/2025 (Login to read Full story)
In a 2025 plan of development for the Prudhoe Bay Greater Point McIntyre area operator Hilcorp North Slope said it plans a rotary sidetrack near the Raven participating area "targeting the Undefined Sag River and Ivishak." In the July 24 POD, covering Oct. 1 through Sept. 30, 2026, Hilcorp said it a....
Hilcorp applies for work at Sterling field - 08/17/2025 (Login to read Full story)
Hilcorp Alaska has applied to the Alaska Department of Natural Resources' Division of Oil and Gas for a lease plan of operations for two grassroots wells and installation of infrastructure on the existing Sterling Pad near Soldotna on the Kenai Peninsula.
Sterling is a gas field discovered in the e....
Baker Hughes US rig count down 1 to 539 - 08/17/2025 (Login to read Full story)
Baker Hughes' U.S. rotary drilling rig count was 539 on Aug. 8, down by one from the previous week -- a continuing return to the recent trend of decreases in the rig count after a gain of seven rigs, all targeting natural gas, three weeks ago. Over the past 15 weeks, only one week had an increase, w....
EIA forecasts Brent price in $50s in 2026
- 08/17/2025 (Login to read Full story)
The major takeaway from the U.S. Energy Information Administration's August Short-Term Energy Outlook, released Aug. 12, is the agency's forecast that the crude oil price will fall below $60 per barrel by the end of this year and average "near $50 per barrel through 2026."
The agency said this sign....
Oil patch bits: Lynden No. 1 in Quest for Quality awards - 08/17/2025 (Login to read Full story)
As reported by Lynden News Aug. 11, for the third consecutive year, Lynden Transport and Lynden Logistics were voted No. 1 overall in the annual Quest for Quality awards. Lynden Transport received its 29th award with a top score in the western regional category and earned first in customer service,....
Oil patch bits: Doyon welcomes Marna Sanford - 08/17/2025 (Login to read Full story)
As reported by Doyon News Aug. 11, Doyon Limited is pleased to announce that Marna Sanford has joined its leadership team as senior vice president of administration.
"Marna has spent her career advocating for Alaskans and working to improve systems that serve our communities," said Aaron M. Schutt,.... |
