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Week of June 16, 2019

  • 88E to drill Charlie - 06/16/2019  88 Energy is planning an exploration well in its Western Play Fairway for the upcoming off-road winter drilling season on Alaska's North Slope. Charlie No. 1 will target stacked plays in the Brookian Torok and Schrader Bluff sands, general manager of operations Erik....

  • Alkaid going online 2021 - 06/16/2019  London-based Pantheon Resources, which acquired the North Slope assets of Great Bear Petroleum in January, says it will bring its Alkaid oil field online as part of a phased production program as early as 2021. The field is near the Dalton Highway and the trans-Alaska oil pipeline, possibly allowing....

  • Alberta going for jugular - 06/16/2019  Tired of taking a repeated beating in the court of public opinion from those it accuses of spreading “lies and defamation” about its petroleum industry, the Alberta government is girding for battle, setting up a “war room” with a budget of C$30 million. The Calgary-based office, consisting of senior....

  • Hilcorp installing third polymer injection facility at Milne Point - 06/16/2019  On June 10, Hilcorp Alaska received authorization from the state of Alaska to install a third polymer injection facility in the Milne Point field, this time at F-pad, which is near the Beaufort Sea coast. F-Pad is the farthest north of the North Slope unit's production pads. Injecting polymer and wa....

  • 3-D, well, core data, integrated in advanced reservoir imaging - 06/16/2019  A revolution in machine learning and data analytics is rapidly expanding the capabilities of scientists to integrate multi-scale subsurface data and understand critical geologic features more quickly and in more detail than what was possible just a few years ago, according to Dr. Shuvajit Bhattachar....

  • BP's 68th Statistical Review notes US has record oil, gas increases - 06/16/2019  BP released the 68th annual edition of the BP Statistical Review of World Energy June 11. Among the highlights: the U.S. had the largest-ever annual production increase, for any country, of both oil and natural gas. But the top news wasn't all good. Bob Dudley, BP group chief executive, said in in....

  • Competition for Canadian pipeline ownership by aboriginal coalitions - 06/16/2019  Interest among aboriginal coalitions in buying the Trans Mountain crude pipeline system is gathering momentum ahead of the Canadian government's expected final decision around June 18 on tripling capacity on the link between Alberta's oil sands and tanker ports on the Pacific Coast. The pace quicke....


  • EIA: Brent down, US crude production up - 06/16/2019  In its latest Short-Term Energy Outlook, issued June 11, the U.S. Energy Information Administration dropped its 2019 forecast for Brent crude oil spot prices to $67 per barrel, down $3 per barrel from its May outlook. EIA is forecasting Brent to remain at that $67 per barrel average in 2020. “EIA n....

  • Hyperspectral core imaging specialist - 06/16/2019  Hyperspectral core imaging is a passive and non-destructive spectroscopic method for identifying and mapping mineralogy in drill cores and cuttings, according to Terracore, a company that did not exist eight years ago. Terracore, of Reno, Nevada, is in the business of gathering imaging data using te....

  • Investigative technology for geologists - 06/16/2019  The state Geologic Materials Center and the Alaska Geological Society, in conjunction with the 2019 Alaska Oil and Gas Association Conference, held a technical breakout session May 31 at the GMC in Anchorage. The focus of the session was the potential for new investigative technologies and machine l....

  • Oil patch bits: RDC to hold its 44th annual membership luncheon - 06/16/2019  The Resource Development Council announced June 3 that it will hold its 44th annual membership luncheon on June 26 at the Dena’ina Center in Anchorage. This year’s keynote speakers are Dr. Keiran Wulff, president of Oil Search Alaska LLC and Paul Ferneyhough, executive director for North America, Re....

  • Oil patch bits: Lynden Chairman Jim Jansen receives award - 06/16/2019  The Alaska Aviation Museum presented Lynden Chairman Jim Jansen with a Lifetime Achievement Award recently and inducted him into its Hall of Fame. The annual Hall of Fame event celebrates pilots and entrepreneurs who have shaped Alaska’s aviation history. Jansen earned his pilot’s license in 1965. I....

  • Oil patch bits: Foss welcomes new chief financial officer - 06/16/2019  Foss Maritime Co. announced June 4 that former vice president of finance at Esterline Technologies, Mike Welch, has joined the company as chief financial officer. Welch will lead the company’s financial functions and performance while supporting the organization’s long-range strategic goals. Prior t....

  • Oil patch bits: Arctic Slope Regional Corp. ad campaign wins Emmy Award - 06/16/2019  Arctic Slope Regional Corp. said June 9 that it is honored to have won an Emmy Award from the Northwest Chapter of the National Academy of Television Arts & Sciences for its 2018 television commercial campaign, featuring the communities of Anaktuvuk Pass, Kaktovik and Nuiqsut. The 56th-annual award....
































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