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NPR-A rule change
- 06/08/2025 (Full story)
The U.S. Department of Interior's Bureau of Land Management has proposed rescinding a rule put in place last year that added new restrictions on oil and gas development in the National Petroleum Reserve-Alaska, per a June 2 press release from BLM.
After a thorough legal and policy review, BLM and I....
'Dream Team' mission
- 06/08/2025 (Full story)
Interior Secretary Doug Burgum, Energy Secretary Chris Wright and EPA administrator Lee Zeldin are on a mission to reduce federal overreach, to allow states to develop the resources needed for the nation's future.
Energy is the key to success, they said, and Alaska is at the forefront of the effort....
Geopolitics boost ANS
- 06/08/2025 (Login to read Full story)
Alaska North Slope crude fell 71 cents June 4 to close at $68.29 per barrel, while West Texas Intermediate slid 56 cents to close at $62.85 and Brent fell 77 cents to close at $64.86.
The day's slide interrupted a two-day rally prompted by geopolitical supply disruption worries after Ukraine unleash....
State issues notice of proposed Yukon Flats exploration license - 06/08/2025 (Login to read Full story)
Alaska's Division of Oil and Gas has issued a notice of intent to evaluate a proposed exploration license for state lands in the Yukon Flats area in the Alaska Interior. As is required under state law, the division is requesting any additional proposals for exploration in the region and is also requ....
Glenfarne draws $115 billion in potential interest for Alaska LNG - 06/08/2025 (Login to read Full story)
Glenfarne Alaska LNG "has completed the first round of its Strategic Partner selection process" for the Alaska LNG Project, the company said June 3, with participation from more than 50 companies from the United States, Japan, Korea, Taiwan, Thailand and the European Union. Collectively, those poten....
North Slope facility projects approved - 06/08/2025 (Login to read Full story)
The Alaska Department of Natural Resources' Division of Oil and Gas has approved four North Slope facility projects, three by ConocoPhillips Alaska at the Colville River and Kuparuk River units and one by Hilcorp Alaska at the Milne Point unit.
On June 2 the division approved a unit plan of operati....
Cosmopolitan POD conditionally approved
- 06/08/2025 (Login to read Full story)
On May 23, the Alaska Department of Natural Resources' Division of Oil and Gas approved BlueCrest Alaska Operating's proposed 12th plan of development with conditions for the period of April 1 through Dec. 31, 2025.
On March 3 the division received the proposed 12th Cosmopolitan unit, or CU, initial....
Whiskey Gulch gas facilities approved
- 06/08/2025 (Login to read Full story)
Hilcorp Alaska plans to install gas production facilities at its Whiskey Gulch Pad on the Kenai Peninsula east of the Sterling Highway and some 2.5 miles north of the Anchor Point Post Office. In a May 29 approval of the development phase of the Whiskey Gulch lease plan of operations, the Alaska Dep....
Baker Hughes US rig count drops 3 to 563 - 06/08/2025 (Login to read Full story)
Baker Hughes' U.S. rotary drilling rig count was 563 on May 30, down by three from the previous week, down by 37 from 600 a year ago and down by 13 from two weeks ago. Over the last eight weeks the rig count was up in two weeks and down in six with a combined loss of 31 against a gain of four. This....
Oil patch bits: Doyon makes GeoFORCE Alaska donation
- 06/08/2025 (Login to read Full story)
HEADLINE: Doyon makes GeoFORCE Alaska donation
NO ART AVAILABLE STEVEN-MARTI
As reported by Doyon Ltd. News June 3, Doyon and two of its mineral exploration lessees recently donated $50,000 to GeoFORCE Alaska, a hands-on geoscience and science, technology, engineering and mathematics education pro.... |
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Oil patch bits: EXP wins a 2025 ACEC-NB Engineering Excellence Award - 06/08/2025 (Login to read Full story)
As reported by EXP News May 29, EXP has been awarded an ACEC-New Brunswick 2025 Engineering Excellence Award for rehabilitation work on the Florenceville Bridge. The Engineering Excellence Awards celebrate and promote the provision of exemplary consulting engineering services locally, nationally and....
Explorers 2025: Welcome to The Explorers 2025
- 06/08/2025 (Login to read Full story)
Kudos to the explorers featured in this year's issue of The Explorers magazine: Armstrong's Lagniappe, ConocoPhillips Alaska, 88 Energy, Glacier's Savant, Great Bear Pantheon, Hilcorp and Jade Energy.
In 2013, Armstrong Oil & Gas Inc. and its partner Repsol kicked off the prolific Brookian topset p....
Explorers 2025: Exploration licensing continues to draw interest
- 06/08/2025 (Login to read Full story)
The state of Alaska developed its exploration license program to create a pathway for companies to explore resource-rich corners of Alaska not offered through leasing.
To date, the program has generated more interest than energy. While licensing has not led to any significant production, it has allo....
Explorers 2025: Bill Armstrong doing it again!
- 06/08/2025 (Login to read Full story)
Lagniappe is a Cajun word that loosely translates into "a good unexpected surprise" -- apropos for the Nanushuk play west of Prudhoe Bay on the North Slope, which Bill Armstrong and a partner first drilled and identified as a huge oil reservoir in 2013 (Qugruk 3 well).
The discovery led to the 2-plu....
Explorers 2025: ConocoPhillips grows step by step
- 06/08/2025 (Login to read Full story)
In the 23 years since ConocoPhillips was created through a merger, it has pursued new oil in Alaska through wildcats, through infrastructure-led exploration, and through development within its units. Each of these strategies presents different comfort with risk.
In the past five years, ConocoPhillip....
Explorers 2025: Glacier/Savant evaluating targets
- 06/08/2025 (Login to read Full story)
Savant Alaska, a Glacier Oil & Gas company, drilled the B1-33 Killian well from the Badami Main Pad during the 2023-2024 winter drilling season as part of the Kennicott exploration program.
The well also penetrated Badami sands and was the first exploration well in the eastern North Slope Badami un....
Explorers 2025: Great Bear Pantheon stays the course
- 06/08/2025 (Login to read Full story)
There are no overnight successes in the Alaska oil industry. Even if an exploration well yields monster results, it only begins the long process of permitting, development, and delivery required to get the resources from underground reservoirs to the marketplace.
Alaska and especially its rugged and....
Explorers 2025: Explorers: Key milestone for 88E's Project Phoenix
- 06/08/2025 (Login to read Full story)
Throughout 2024, Australia-based 88 Energy Limited's efforts centered on advancing key projects, optimizing its portfolio and positioning the company to unlock future value, the company said in its 2024 annual report released March 4, 2025.
The successful flow test at the Hickory-1 well on Alaska's....
Explorers 2025: Hilcorp mixing areas of exploration
- 06/08/2025 (Login to read Full story)
Hilcorp's focus, nationally and in Alaska, is on maximizing production from mature fields.
In Cook Inlet, where the company began acquiring assets in 2011, this has meant expanding from existing production. The same is true on the North Slope, where the company began working in 2014 and became a ma....
Explorers 2025: Jade gaining ground at Sourdough
- 06/08/2025 (Login to read Full story)
Going back in history, Area F was created more than a decade ago as part of the Point Thomson unit settlement talks between the state of Alaska and the Point Thomson unit working interest owners. They brought together 7,647 acres of non-contiguous leases in the northeast and southeast corners of the.... |
