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The Producers 2018

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  • The Pikka FEIS is out - 11/11/2018 (Login to read Full story) The U.S. Army Corps of Engineers has published the final environmental impact statement for Oil Search's planned major oil development in the Pikka unit, on the North Slope to the east of the Colville River delta. The FEIS presents a series of potential development options, including a “no action” a....

  • Exploration's in view - 11/11/2018 (Login to read Full story) As temperatures drop in Alaska, and the ground freezes up, companies are preparing for this winter's exploration season. Top of the anticipated well count comes ConocoPhillips — the company is following up on last winter's bumper count of six wells with a plan for this winter involving six to eight....

  • For whom takeovers loom - 11/11/2018 (Login to read Full story) With Alberta oil sands bitumen prices sliding into negative territory for the first time in their 50-year history, there is talk the trend will set off a wave of new energy deals, which may have started with two attempted takeovers totaling C$8 billion. Canadian heavy crude, dominated by bitumen, ha....

  • Nikaitchuq North not completed; Eni planning 2019 restart of well - 11/11/2018 (Login to read Full story) Eni US Operating Co. has not yet completed its Nikaitchuq North No. 1 exploration well. The continued drilling of the well has been suspended until early 2019. “The NN01 exploration well was not completed in 2018 and as such no flow test was performed. Drilling was suspended on August 23 due to impe....

  • ANS September production up 11% from August - 11/11/2018 (Login to read Full story) Alaska North Slope crude oil production averaged 503,996 barrels per day in September, up 10.9 percent, 44,048 bpd, from an August average of 454,602 bpd but down 1.7 percent from a September 2017 average of 512,910 bpd. The largest month-over-month increase was at the ConocoPhillips Alaska-operate....

  • Keystone XL rebooted; State Dept.downplays concerns over damage - 11/11/2018 (Login to read Full story) As one door closes another one opens, then it too closes and we're back to the first door. Confused? Who wouldn't be in the mad-cap circus that poses as the Canadian pipeline business? With the Trans Mountain expansion plans spluttering, despite having the Canadian government as its outright owner,....

  • Alaska - Mackenzie Rig Report - 11/11/2018 (Login to read Full story) http://www.petroleumnews.com/pdfarch/8333213.pdf#page=3....

  • Some questions over ML&P purchase - 11/11/2018 (Login to read Full story) During a Regulatory Commission of Alaska public meeting on Nov. 7 officials from Chugach Electric Association and Municipal Light & Power talked to the commissioners about the status of the proposed purchase of ML&P by Chugach Electric, and answered some commission questions about the takeover deal.....

  • US crude oil volumes up; oil price down - 11/11/2018 (Login to read Full story) Domestic crude oil production topped 11 million barrels per day in August, the U.S. Energy Information Administration said in its November Short-Term Energy Forecast, released Nov. 6. “U.S. crude oil production reached a record milestone in August 2018, when it exceeded 11 million barrels per day f....

  • Division issues Cook Inlet final finding - 11/11/2018 (Login to read Full story) The Alaska Division of Oil and Gas has issued a final finding of the director for Cook Inlet areawide oil and gas lease sales. Findings for areawide sales are good for 10 years; this finding covers 2019-28. The decision, signed Nov. 2 by Director Chantal Walsh with concurrence from the Department o....

  • RCA accepts Tesoro tariff settlement - 11/11/2018 (Login to read Full story) The Regulatory Commission of Alaska has accepted a settlement agreement, as amended, between Tesoro Alaska Pipeline Co. LLC and Tesoro Alaska Co. LLC., over the objections of the Regulatory Affairs and Public Advocacy Section in the Attorney General's office. RCA said in a Nov. 1 order that Tesoro....

  • National drilling rig down 1 to 1,067 - 11/11/2018 (Login to read Full story) The number of rigs drilling for oil and natural gas in the U.S. was down by one the week ending Nov. 2 to 1,067. At this time last year there were 898 active rigs. Houston oilfield services company Baker Hughes reported that 874 rigs targeted oil (down by one from the previous week) and 193 targete....

  • RCA investigating ML&P Beluga gas use - 11/11/2018 (Login to read Full story) The Regulatory Commission of Alaska has launched an investigation into the way in which Anchorage electric utility Municipal Light & Power uses natural gas fuel from the Beluga gas field. The utility's 56.67 percent ownership interest in the field provides the utility with a relatively low-cost gas....

  • RCA orders filing of board resolutions - 11/11/2018 (Login to read Full story) The Regulatory Commission of Alaska has ordered Railbelt electricity utilities that have not already done so to file by Nov. 9 copies of board resolutions authorizing the formation of a Railbelt Reliability Council and of a regional transmission company for the Alaska Railbelt electricity grid. The....

  • Interior disburses Alaska energy revenues - 11/11/2018 (Login to read Full story) The U.S. Department of the Interior has disbursed $35 million in federal energy revenues to Alaska for fiscal year 2018, the department has announced. That represents a $23-million increase over last year. Interior collects oil and gas revenues from federal land such as the National Petroleum Reser....

  • Exxon 3Q profit surges on higher prices - 11/11/2018 (Login to read Full story) Higher oil prices propelled Exxon's third-quarter profit up 57 percent to $6.24 billion despite another drop in production. It was Exxon's best third quarter since 2014, when the effects of a collapse in oil prices had not yet been felt, and a sign that Big Oil is coming back. Rival Chevron Corp. r....

  • Tribe challenges Corps pipeline findings - 11/11/2018 (Login to read Full story) The Standing Rock Sioux tribe is challenging new government conclusions that the $3.8 billion Dakota Access oil pipeline poses no significant environmental threats to American Indian tribes in the Dakotas. The Army Corps of Engineers in August finished more than a year of additional study ordered by....

  • Turkey O&G search could stoke tensions - 11/11/2018 (Login to read Full story) Turkey embarked on a search for oil and gas in the east Mediterranean Oct. 31 in a move that could stoke regional tensions, with the country warning it would thwart “unilateral, illegitimate and unfair” actions against its interests. The drillship “Conquerer” — named after Ottoman Sultan Mehmet, who....

  • Fort Berthold landowners sue oil company - 11/11/2018 (Login to read Full story) A group of landowners from the Fort Berthold Indian Reservation is accusing a crude oil company of trespassing in a lawsuit that seeks compensation for a pipeline that crosses their land. Former Mandan, Hidatsa and Arikara Nation chairman Tex Hall recently announced a federal lawsuit against Andeav....

  • Oil Patch Bits: Fluor awarded Valero cogeneration project in Wales - 11/11/2018 (Login to read Full story) Fluor Corp. announced Oct. 30 that it was awarded the engineering, procurement and construction of Valero Energy Corp.'s combined heat and power cogeneration project at its Pembroke refinery in Wales, United Kingdom. Fluor booked the undisclosed contract value in the third quarter of 2018. “We are....


  • Oil Patch Bits: Air Liquide wins a contract with customer in China - 11/11/2018 (Login to read Full story) Air Liquide Engineering & Construction said Oct. 29 that it has signed a contract to supply an air separation unit to Shandong Runyin Bio-Chemical Industry Co. Ltd, a subsidiary of Shandong Ruixing Group, a large chemical company and one of the key high-tech players in China. Under the terms of the....

  • Oil Patch Bits: Powerful harbor tug Bering Wind coming to Anchorage - 11/11/2018 (Login to read Full story) Foss Maritime said Oct. 29 that the Bering Wind, a powerful Dolphin class tugboat, is being transferred from the Foss fleet in Long Beach, California, to Cook Inlet Tug & Barge in Anchorage. The tug, formerly known as the Campbell Foss, is scheduled to begin service in Anchorage in November. The ve....

  • Oil Patch Insider: Elliott replaces Giesler at Glacier; Recruiting to increase in oil patch - 11/11/2018 (Login to read Full story) Carl F. Giesler Jr., president and CEO of Glacier Oil & Gas, has left the Alaska-based company to take the position of CEO and director of Jones Energy Inc. in Austin, Texas. Phil Elliott, who has been with Glacier and its predecessor companies since April 2015, formerly carried the title chief fina....

  • Glacier in planning mode for next steps - 11/11/2018 (Login to read Full story) Phil Elliott, president of Glacier Oil and Gas Corp., told Petroleum News in a Nov. 6 email that his company is currently evaluating its Alaska drilling opportunities and has not yet set its 2019 budget. The company operates the Badami oil field, on the Beaufort Sea coast, to the east of the centra....

  • The Producers 2018: Investment on the horizon at Kenai Loop - 11/11/2018 (Full story) AIX Energy LLC is beginning a new phase at its Kenai Loop field. Over the summer, the Texas-based independent completed the terms of the gas sales agreement it inherited from predecessor Buccaneer Energy Ltd. and started a new three-year gas sales agreement negotiated with regional distributor Ensta....

  • The Producers 2018: Amaroq sets course at Nicolai Creek - 11/11/2018 (Full story) Amaroq Resources LLC alleviated confusion in three ways over the past year. The first was its name. The company started the year as Aurora Exploration LLC. But it was not affiliated with the former Aurora Gas LLC, despite a shared history in the Cook Inlet region, and it adopted the name Amaroq in A....

  • The Producers 2018: BlueCrest finds success with new well - 11/11/2018 (Full story) BlueCrest Alaska Operating LLC planned to drill one well at its Cosmopolitan unit in 2018, and it did. But the well was more ambitious than that description would suggest. The local subsidiary of the Texas-based independent completed the H-12 well at the offshore Cook Inlet unit and began adding eig....

  • The Producers 2018: BP increasing production without drilling - 11/11/2018 (Full story) BP Exploration (Alaska) Inc. is making a strong case against using drilling as the key metric for measuring development activity, at least when it comes to aging oil fields. The local subsidiary of the international company reported notable production increases at many of its fields at the Prudhoe....

  • The Producers 2018: BRPC inching closer to development - 11/11/2018 (Full story) Brooks Range Petroleum Corp. has been working for nearly seven years to bring the Southern Miluveach unit into development in the face of various setbacks, and this past year once again brought a mixture of advancement, delays and creative maneuvering. The local operating arm of a multiparty joint v....

  • The Producers 2018: Caelus activity on North Slope remains suspended - 11/11/2018 (Full story) Caelus Natural Resources Alaska LLC responded to the most recent downturn in oil prices more drastically than any other producer operating on the North Slope. In May 2016, the local subsidiary of the Texas-based independent suspended drilling operations at its Oooguruk unit and deferred work on its....

  • The Producers 2018: Conoco advances westward, mostly alone - 11/11/2018 (Full story) The past year brought a quiet consolidation to one corner of the North Slope, leaving ConocoPhillips Alaska Inc. increasingly solo in its decades-long advance to the west. The local subsidiary of the Houston-based independent announced in February 2018 that it would be buying out its minority partn....

  • The Producers 2018: Message from the director - 11/11/2018 (Full story) There are ample reasons to be excited about the recent news coming from Alaska's North Slope. Among the positive reports are predictions of increased oil production, increased investment and increased jobs. If these predictions come to fruition, Alaskans will reap the benefits from the increased oil....

  • The Producers 2018: Eni looking north at Nikaitchuq - 11/11/2018 (Full story) In the years just prior to the downturn in oil prices in late 2014, Eni US Operating Co. Inc. tried to expand oil production at its Nikaitchuq unit through small expansions. The local subsidiary of the Italian-based major undertook a range of projects: adding multilaterals to existing wells, evaluat....

  • The Producers 2018: Exxon advancing two Point Thomson fronts - 11/11/2018 (Full story) Rare among the development plans filed with Alaska oil and gas officials, the plan of development for the Point Thomson unit includes two components. One component covers an existing development at the unit. The other covers a future expansion project. The two components acknowledge the unusual stat....

  • The Producers 2018: Furie closing in on four wells - 11/11/2018 (Full story) By the end of this year, Furie Operating Alaska LLC expects to have four production wells in operation at its offshore Kitchen Lights unit in the waters of Cook Inlet. The local company started the year producing natural gas from the KLU No. 2 and KLU No. 3 wells at its Julius R. platform. The compa....

  • The Producers 2018: Glacier advancing four units; bullish on Badami - 11/11/2018 (Full story) Glacier Oil & Gas Corp. spent the past year performing small tasks at its four units and planning two large exploration ventures that might guide work in the years to come. The company was created through the bankruptcy case of the former Miller Energy Resources Ltd. and now operates four units. Thr....

  • The Producers 2018: Hilcorp staggering its efforts on the North Slope - 11/11/2018 (Full story) Hilcorp Alaska LLC is entering the final months of an extension of its plans of development for its three active North Slope units. The administrative quirk is intended to shift the annual reporting schedule for those units to a different quarter of the calendar. As a result, the company reported it....

  • The Producers 2018: Hilcorp dominates Cook Inlet production - 11/11/2018 (Full story) Hilcorp Alaska LLC remains the dominant producer in the Cook Inlet basin. The local subsidiary of the Texas-based independent operates about 19 fields and units — a number that seems to fluctuate each year due to acquisitions, consolidations and terminations. On the west side of Cook Inlet, Hilcorp....

  • The Producers 2018: Alaska development seems to be recovering - 11/11/2018 (Full story) Oil prices are recovering, and the big question is whether development is recovering as well. This issue of The Producers suggests that operators are slowly gaining confidence. BP is maintaining and occasionally increasing oil production at the Prudhoe Bay unit while reducing drilling. ConocoPhillip....

  • The Producers 2018: Barrow gas field remains steady - 11/11/2018 (Full story) The Barrow gas fields are unique in Alaska hydrocarbon development. The three natural gas fields in the vicinity of Utqiagvik, formerly Barrow, are the only oil or natural gas properties in the state operated by a public entity for public consumption. The fields - South Barrow, East Barrow and Wala....

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    Note: Unlike Petroleum News, the News Bulletin Service covers Alaska only; delivering important oil and gas news as it breaks.

  • Interior releases final well control regulations 04/14/2016
  • RCA approves ML&P, Chugach Electric gas field purchase 04/22/2016
  • ExxonMobil starts Point Thomson production 04/22/2016
  • Court rejects appeal against Shell air permits 12/26/2012
  • Furie permitting Kitchen Lights development 12/05/2012
  • Conoco applies for Bear Tooth permit 12/03/2012

    The eAlert News Bulletin Service is our premier information service. Often delivered multiple times per week by email, it provides the latest breaking news for the oil and gas industry.


























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