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  • HB 111 moves - 03/19/2017 (Full story) A bill to make changes in the state's oil taxes and credits has moved out of its first committee in the House. On a March 14 party-line vote of 5-4, the House Resources Committee moved House Bill 111, a committee substitute introduced March 10 by committee co-chairs Geran Tarr and Andy Josephson, b....

  • Applying for expansion - 03/19/2017 (Full story) The Alaska Oil and Gas Commission conducted a public hearing on March 14 to review ConocoPhillips' application to modify the Alpine Oil Pool in the Colville River unit. Drilling from the CD5 pad in the National Petroleum Reserve-Alaska has revealed the westward extension of the Nanuq Kuparuk reservo....

  • Shell shrinks sands role - 03/19/2017 (Full story) Royal Dutch Shell, committed to unloading assets worth US$30 billion, has made a bold move in the Alberta oil sands — towards the exit door. The Anglo-Dutch giant announced an US$8.5 billion cash-and-shares deal with Canadian Natural Resources on March 9 to reduce its stake in the Athabasca Oil San....

  • Colville expansion requested - 03/19/2017 (Login to read Full story) ConocoPhillips Alaska Inc. is requesting another expansion of the Colville River unit. The expansion would add approximately 239.93 acres from one federally managed lease to the North Slope unit. The lease — AA 84140 — is located in the center of the unit. The expansion is the seventh proposed for....

  • Arctic sea ice at record low for February, data center reports - 03/19/2017 (Login to read Full story) The extent of the Arctic sea ice cover remained at record low levels during February, the National Sea and Ice Data Center has reported. Above average temperatures resulted in a continuation of the already low sea ice extent that existed at the start of the month. According to an NSIDC map, February....

  • Hilcorp continues to monitor gas leak - 03/19/2017 (Login to read Full story) In preparation to conduct repairs, Hilcorp is continuing to monitor a leak in an eight-inch subsea pipeline that supplies fuel gas to the production platforms of the Middle Ground Shoal oil field in Cook Inlet. On March 14 the Alaska Department of Environmental Conservation gave preliminary approval....

  • Westlake: Resources slot a natural fit - 03/19/2017 (Login to read Full story) Rep. Dean Westlake wasted little time rolling up his sleeves and getting to work — once the courts offered the final word on his election. Westlake, of Kotzebue, narrowly won his election over incumbent Bennie Nageak, in a race that required the Alaska Supreme Court handing down a decision on what b....

  • USCG proposes new port access routes - 03/19/2017 (Login to read Full story) The U.S. Coast Guard has published its preliminary findings for the establishment of commercial shipping routes through the southern part of the Chukchi Sea, through the Bering Strait and across the Bering Sea. The idea is to improve marine safety by keeping vessels away from areas where shallow wat....

  • DGGS publishes Yukon Flats results - 03/19/2017 (Login to read Full story) Alaska's Division of Geological and Geophysical Services has published the results of some fieldwork that its geologists carried out around the perimeter of the Yukon Flats basin. The basin lies to the north of Fairbanks, between the Dalton Highway and the Canadian border, and is prospective for oil....


  • Legislature debates fuel tax increase - 03/19/2017 (Login to read Full story) The Alaska Legislature is debating increases to state taxes on motor fuels. Gov. Bill Walker introduced bills for the proposed tax increase: House Bill 60 in the House and Senate Bill 25 in the Senate. In both chambers the bills have been passed to the respective finance committees for consideration....

  • Christmas at Prudhoe Bay - 03/19/2017 (Login to read Full story) It was totally unexpected; it was mid-December 1967, not long before Christmas, and there I was, suddenly on an airline flight from Los Angeles to Fairbanks, where I transferred to a bush flight heading for the Prudhoe Bay State No. 1 drill site. Although ARCO was the operator on the well, Exxon's....

  • Competitiveness board changes tack - 03/19/2017 (Login to read Full story) During a March 10 meeting of the Alaska House Resources Committee, Randall Hoffbeck, commissioner of the Department of Revenue, updated the committee with the status of Alaska's Oil and Gas Competitiveness Review Board. Hoffbeck said that the board has asked the Legislature to approve the postponeme....

  • Oil Patch Bits: NSTI's ‘No-Layoff' approach survives 2016 recession - 03/19/2017 (Full story) In the face of declining oil prices and a statewide economic recession, North Slope Telecom said it has a lot of be grateful for in the last year! 2016 was a tough time for Alaskans, losing about 6,800 jobs and thereby netting the first annual jobs loss for the state since 2009. Then, in October of....

  • Oil Patch Bits: Fluor on one of world's most admired companies list - 03/19/2017 (Full story) Fluor Corp. recently announced that the company was named by Fortune magazine as the top-ranked engineering and construction company in the magazine's 2017 world's most admired companies list. It is the sixth year in a row Fluor has earned the top designation among its peers in the engineering and c....

  • Upper foothills opens for tundra travel - 03/19/2017 (Login to read Full story) On March 15 the Alaska Department of Natural Resources opened the upper foothills area of state land for tundra travel. The agency said that the soil temperatures and snow cover in the area had met the required criteria of a 9-inch snow depth and temperatures below minus 5 degrees C. However, a vehi....

  • Researchers test oil burning technology - 03/19/2017 (Login to read Full story) In a project funded by the Bureau of Safety and Environmental Enforcement, researchers from the Worcester Polytechnic Institute have been testing new technology for burning oil spilled on water, BSEE has announced. The technique involves the use of a new heat feedback system that improves the effici....

  • US drilling rig count increases 12 to 768 - 03/19/2017 (Login to read Full story) The number of rigs drilling for oil and natural gas in the U.S. increased by 12 the week ending March 10 to 768. A year ago, 480 rigs were active. Houston oilfield services company Baker Hughes Inc. said 617 rigs targeted oil (up eight from the previous week) and 151 targeted natural gas (up five....

  • Judge rules against halting new name - 03/19/2017 (Login to read Full story) A judge in Alaska dealt a legal blow March 10 to opponents of the new Inupiat Eskimo name approved by voters for the northernmost town in the U.S. Superior Court Judge Paul Roetman denied a request to halt implementation of the transition from the old name of Barrow to Utqiagvik until a lawsuit fil....

  • Petroleum News also offers a News Bulletin Service.
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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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