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  • A critical juncture - 12/21/2014 (Full story) With estimated costs higher than anticipated and a concession agreement due to expire at the end of December, the board of the Alaska Industrial Development and Export Authority faces some tough decisions over the future of the Interior Energy Project, a project designed to bring affordable North Sl....

  • Increasing deliverability - 12/21/2014 (Full story) Kenai Beluga Pipeline LLC is looking to improve east-to-west deliverability of natural gas supplies across Cook Inlet to meet increased west side industrial demand. The Hilcorp Alaska LLC subsidiary wants to modify an existing compressor and add two new compressors at the Kenai Pipeline Junction to....

  • Rough ride ahead - 12/21/2014 (Full story) It's not often a sampling of opinion within the Canadian petroleum industry will come up with the same answer. But that's the way it is in these jumpy times as exploration and production companies roll out their 2015 capital budgets, all of them edging — if not leaping — toward safety from the colla....

  • Obama puts Bristol Bay off limits for federal oil and gas leasing - 12/21/2014  President Barack Obama put federal Bristol Bay waters off limits to oil and gas leasing Dec. 16, extending indefinitely a temporary withdrawal he made in 2010 which would have expired in 2017. In a release the White House said the “action safeguards one of the nation's most productive fisheries and....

  • On again, off again, on ...; two BC LNG projects get fresh lift - 12/21/2014  Just when it seemed they were gasping for air, two of Canada's leading hopes for an LNG industry — Petronas-led Pacific NorthWest and Chevron-operated Kitimat — have received a boost of oxygen. Two individuals close to Pacific NorthWest say a sanctioning by the partnership is now likely in 2015, wh....

  • Groups challenge Smith Bay plan - 12/21/2014  A one-well oil exploration program proposed for the nearshore Smith Bay region of the North Slope this winter has raised the hackles of a coalition of environmental groups. In joint comments to the Alaska Department of Natural Resources, eight environmental groups challenged NordAq Energy Inc.'s pro....

  • North Slope western coastal area opens - 12/21/2014  The western coastal area on the North Slope opened for tundra travel Dec. 17. Other areas remain closed. The Alaska Department of Natural Resources, Division of Mining, Land and Water, said soil temperatures and snow cover in the western coastal area have met the criteria for opening — 6 inches of....

  • Balance of austerity, development goal - 12/21/2014  Mike Chenault already had the record for being the state's longest serving House Speaker when he was voted by his peers to a fourth term. That tenure begins when the new Legislature gets sworn in next month to begin a session that features a new governor, Bill Walker, and the administration he conti....

  • Enbridge mulls rescue plan - 12/21/2014  Enbridge, while acknowledging it missed an opportunity years ago to gain the support of First Nations and the people of British Columbia for its C$7.9 billion Northern Gateway pipeline, is hinting at a possible dramatic gesture to salvage the project. Having encountered apparently inflexible opposi....

  • Taking a long-term view on pricing - 12/21/2014  It takes a brave person to attempt to predict the price of oil and gas more than, say, a few hours ahead. So, what does the current plunge in oil prices really mean for Alaska's oil and gas future? And is there any solace to be found in what appears to be a descent into a world of declining oilfield....

  • Break causes Kuparuk drilling mud spill - 12/21/2014  A gasket failure on a 2-inch hard line at the ConocoPhillips Alaska-operated Kuparuk River unit Dec. 15 resulted in a spill of some 85 barrels of drilling mud, brine and diesel mixture. The Alaska Department of Environmental Conservation, Division of Spill Prevention and Response, said in a situati....

  • Oil prices adjusted down for forecast - 12/21/2014  Gov. Bill Walker has submitted the operating budget prepared by the outgoing Parnell administration to the Alaska Legislature as a placeholder, along with a capital budget pared down to $106 million. The governor's office said in a statement that the capital budget includes only items with federal....

  • Struggling Miller Energy closes on Savant - 12/21/2014  Miller Energy Resources Inc. announced Dec. 12 it had closed its acquisition of Savant Alaska LLC, giving Miller control of the small Badami oil field on Alaska's North Slope. The deal, however, is one of the few bright spots for Miller, which lately has struggled in the field and on Wall Street. In....

  • AKLNG gets comments on project plans - 12/21/2014  In their first feedback on Alaska LNG's preliminary construction plans, federal and state agencies raised dozens of questions and issues they want to make sure are covered as the project sponsors progress with design and environmental analysis. The agencies on Dec. 11, 2014, asked sponsors of the mu....

  • BOEM increases offshore oil spill liability - 12/21/2014  The federal Bureau of Ocean Energy Management has increased the liability limit for oil-spill related damages from an offshore spill on the federal outer continental shelf from $75 million to $134 million, the agency said Dec. 11. This liability cap applies to damages that result from an oil spill,....

  • BSEE safety rule goes to OMB - 12/21/2014  The federal Bureau of Safety and Environmental Enforcement has sent proposed new regulations for drilling on the outer continental shelf to the president's Office of Management and Budget for review, prior to release for public comment. Called the Blowout Prevention Systems and Well Control Rule, th....


  • Brooks Range moving ahead at Mustang - 12/21/2014  Nabors rig 16-E is about to move on site to drill three new wells in the North Slope Mustang field this winter, Jack Laasch, Brooks Range Petroleum's operations strategy manager, told the Alaska Support Industry Alliance Dec. 11. Having already completed the field's gravel access road and pad, Brook....

  • Gas pipeline coordinator office to close - 12/21/2014  The office of the federal coordinator for Alaska gas pipeline projects is shutting down after not being included in the budget bill that Congress recently passed. Federal coordinator Larry Persily said he plans to have the office shut down by the end of February. The office was created in a 2004 law....

  • Harper, Prentice dig in on GHG restrictions - 12/21/2014  Canadian Prime Minister Stephen Harper and Alberta Premier Jim Prentice have decided the time has come to make the economic case against punitive measures to regulate carbon emissions in the oil industry. Harper led the salvo by using, for him, unusually blunt language in declaring that “under the....

  • CIRI and AIX close to settlement - 12/21/2014  Cook Inlet Region Inc. and AIX Energy LLC have tentatively agreed to a settlement that would resolve legal disputes related to the bankruptcy case of Buccaneer Energy Ltd. CIRI had initially leased land to Buccaneer for use at its Kenai Loop field before revoking the lease. The lease subsequently be....

  • Conoco planning Moraine data well - 12/21/2014  ConocoPhillips Alaska Inc. is permitting a second well at the Kuparuk River unit to appraise the potential of the Moraine formation in the vicinity of its Palm satellite. The company intends to drill the Moraine No. 1 well this winter from an ice pad in the northwest corner of the unit “to acquire c....

  • Oil Patch Bits: Fairweather relocates to larger facility - 12/21/2014  Fairweather LLC has relocated their Anchorage corporate headquarters to a larger facility at 301 Calista Court. Encompassing 22,000 square feet of office space and a 10,000-square-foot warehouse, the Calista Court complex accommodates Fairweather's science, medical and safety divisions, as well as t....

  • Oil Patch Bits: Crowley awards scholarships to three USMMA cadets - 12/21/2014  Crowley Maritime Corp. awarded three Thomas B. Crowley Sr. Memorial scholarships to United States Merchant Marine Academy cadets at Containerization and Intermodal Institute's Connie Awards luncheon in Newark, New Jersey, Dec. 8. Recipient Michael Francis is a first class midshipman studying marine....

  • Oil Patch Bits: PND staff engineer earns fish disposal system patent - 12/21/2014  PND Engineers Inc. staff engineer and University of Alaska Anchorage graduate Alexandra West, EIT, has been awarded U.S. Patent 8,833,682 B2 for a water-powered fish carcass disposal system, an innovation inspired by growing up on the Kenai Peninsula among fishermen, salmon and wildlife. West design....

  • Mining News: First Quantum eyes SW copper potential - 12/21/2014  Since buying out its mining rival Inmet Mining Corp. in early 2013, First Quantum Minerals Ltd. has shown a keen interest in Alaska's copper potential. With seven mines in operation and five mineral projects under development, First Quantum is a growing, diversified miner with a particular focus on....

  • Mining News: The US$100M Alaska placer mining sector - 12/21/2014  From the bold fortune hunters at the close of the 19th Century to the hopeful miners starring on 21st Century “reality” television programs, placer gold mining in Alaska conjures images of “Gold Rush.” In truth, however, neither of these are accurate representations of the hard work and careful plan....

  • Mining News: Rumors of mining's demise are premature - 12/21/2014  The nearer your destination, the more you slip sliding away.” As 2014 quickly slip-slides away, these normally melancholy lyrics by Paul Simon take on a surprisingly upbeat meaning for Alaska's mining industry. Unlike watching most years slip by, seeing 2014 in the rearview mirror will bring a smil....

  • Mining News: Here's a way Alaska can make a few bucks - 12/21/2014  Recently, an interesting question about AS 38.05.275 came to my attention, and it seems to have implications for a number of holders of federal claims situated within State of Alaska-selected land. The statute allows an Alaska mining location to be placed on top of an unconveyed valid federal mining....

  • Mining News: Sabina advances gold project in 2014 - 12/21/2014  Sabina Gold & Silver Corp. made considerable progress in 2014 in advancing its Back River Gold Project located in southwestern Nunavut toward production. If the project continues development on its current track, the junior could pour first gold as soon as 2018 and quickly rival Agnico Eagle Mines L....

  • Mining News: Diamonds remain territory's best friend - 12/21/2014  Thanks to recent progress in development of several major projects in 2014, the outlook for diamond mining in Northwest Territories is suddenly a lot brighter. This is especially good news for the territory's mining industry, which is largely dependent on the production of diamonds now and in the f....

  • Mining News: Miner eyes year-end startup at Red Chris - 12/21/2014  The nearly operational Red Chris Mine is plugged into the electrical grid, and Imperial Metals Corp. is readying all the components for operations in anticipation of final approvals from the local Tahltan First Nation and Government of British Columbia. By the end of October, the final leg of the po....

  • Mining News: Yukon court quashes Peel Watershed plan - 12/21/2014  The Supreme Court of Yukon Dec. 2 struck down a land use plan crafted by the Government of Yukon for the territory's vast Peel River Watershed region that could have ripple effects throughout Yukon and beyond. The Peel Watershed, roughly the size of Ireland, sprawls across 77,000 square kilometers (....

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

  • Kulluk appears intact and stable 01/03/2013
  • Kulluk is back under tow 12/31/2012
  • Shell vessel towing the Kulluk loses power south of Kodiak 12/28/2012
  • 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

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