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  • 1Q drilling down - 05/21/2017 (Full story) North Slope development drilling dropped sharply in the first quarter from a year earlier, driven largely by the steep reduction in activities at the Prudhoe Bay unit as well as the continued suspension of development activities at the Oooguruk and Nikaitchuq units. BP, ConocoPhillips and Hilcorp, t....

  • A major challenge - 05/21/2017 (Full story) A deluge of seismic data has been hitting the office of Alaska's Division of Oil and Gas as a consequence of exploration tax credits enacted in 2003 by the Alaska Legislature. The legislation, designed both to encourage new oil and gas exploration and to make seismic data available to companies inte....

  • Nikaitchuq North plan - 05/21/2017 (Full story) Eni US Operating Co. has filed a plan of operations amendment with Alaska's Division of Oil and Gas proposing the drilling of two extended reach exploration wells from Spy Island into the Nikaitchuq North prospect, in the federal outer continental shelf of the Beaufort Sea. The prospect lies immedia....

  • HB 111 rolls to special session - 05/21/2017 (Login to read Full story) The Alaska Legislature gaveled out May 17 without passing capital or operating budgets, a fiscal plan or House Bill 111, the oil tax and credit bill. Those items are among those listed on Gov. Bill Walker's call for a special session beginning May 18. HB 111 originated in the House Resources Commi....

  • Icewine reaches target depth - 05/21/2017 (Login to read Full story) The Icewine No. 2 well has reached its target depth. Drilling crews working on the onshore North Slope exploration well reached a total depth of 11,450 feet on May 15, according to a May 17 announcement from 88 Energy Ltd. Through its operating subsidiary Accumulate Energy Alaska Inc., the Australia....

  • Commissioners win confirmation - 05/21/2017 (Login to read Full story) Gov. Bill Walker's industry-related appointments all won confirmation when the Alaska Legislature met in joint session May 16, day 120 of the constitutionally mandated 121-day Legislature, but well beyond the 90-day session imposed by voter mandate in 2006. The governor had called legislators into....

  • Repsol adds more interest at Pikka - 05/21/2017 (Login to read Full story) Armstrong Energy LLC has transferred sizable working and royalty interests in a large package of North Slope leases to its longtime exploration partner Repsol E&P USA Inc. In a series of decisions dated April 5, the state Division of Oil and Gas approved the assignment of working and royalty interes....

  • Hilcorp committed to Alaska investments - 05/21/2017 (Login to read Full story) In a talk to the Resource Development Council on May 4 David Wilkins, Hilcorp Alaska senior vice president, emphasized the significance of Hilcorp's Alaska investments to his company. “Overall, Alaska is important to Hilcorp,” Wilkins said. “We've invested quite a bit of money. We believe it's a goo....

  • US '18 production at 10 million bpd - 05/21/2017 (Login to read Full story) The average for North Sea Brent crude oil spot prices was $52 per barrel in April, up $1 per barrel from March, the U.S. Energy Information Administration said May 9 in its monthly Short-Term Energy Outlook. EIA said April was the fifth consecutive month that Brent averaged between $50 and $55 per b....

  • Kenai Loop compression pushed to 2018 - 05/21/2017 (Login to read Full story) AIX Energy Inc. is considering a range of facility upgrades at the Kenai Loop field. The Texas-based independent is not planning to drill any new wells at the onshore Cook Inlet natural gas field over the coming year. But the company is continuing to evaluate several infrastructure projects, includi....

  • DEC acts on Fairbanks air quality - 05/21/2017 (Login to read Full story) Following a new ruling by the Environmental Protection Agency, changing the status of Fairbanks' inability to fix its air quality problems from moderate to serious, the Alaska Department of Environmental Conservation has mandated measures to address air quality in the city. The problem arises from t....

  • State approves changes to Alpine PA - 05/21/2017 (Login to read Full story) The state has approved a change to the boundaries of the Alpine participating area at the Colville River unit to accommodate drilling activities at the new CD-5 pad. In a decision dated May 9, Division of Oil and Gas Director Chantal Walsh allowed operator ConocoPhillips Alaska Inc. to contract a po....

  • Alpine annual turnaround set for mid-June - 05/21/2017 (Login to read Full story) Alyeska Pipeline Service Co. performed an 18-hour major maintenance shutdown of the trans-Alaska oil pipeline beginning 6 a.m. May 6, the first shutdown of the year. Various projects were scheduled, including isolation of below-ground piping at the Valdez Marine Terminal; functionality confirmation....

  • Senate upholds methane leak regulations - 05/21/2017 (Login to read Full story) On May 10 the U.S. Senate rejected a resolution that had been passed by the House of Representatives that would have annulled regulations issued by the Obama administration for limiting methane emissions from oil and gas drilling operations. The Department of the Interior published the regulations o....

  • CBP withdraws new Jones Act proposal - 05/21/2017 (Login to read Full story) U.S. Customs and Border Protection has withdrawn a proposal that would have placed vessels engaged in the repair of offshore oil and gas installations within the constraints of the Jones Act. The Jones Act requires vessels transporting passengers or merchandise between U.S. ports to be manufactured,....

  • GAO recommends improved BLM data management - 05/21/2017 (Login to read Full story) The Government Accountability Office has recommended that the Bureau of Land Management improve its management and tracking of data relating to the environmental impacts of permitted oil and gas operations on federal lands. In a newly published report GAO says that, although BLM has a process for ap....

  • AOGCC lists topics for idle wells workshop - 05/21/2017 (Login to read Full story) The Alaska Oil and Gas Conservation Commission has a workshop scheduled for 10 a.m. June 17 at its Anchorage office to discuss possible changes in regulation of idle wells. On May 17 the commission released discussion topics for the workshop, including. • Should idle wells be treated more like sus....

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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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