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The Explorers 2017

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Below are articles from this week's edition of Petroleum News. Subscribers must log in above to view the complete articles. Subscribe now for full access.
  • Promising for oil - 05/28/2017 (Full story) The Toghotthele No. 1 well, drilled by Doyon Ltd. in 2016 in the Nenana basin, found multiple oil shows, Gerry van Kooten, geological consultant with Petrotechnical Resources Alaska, told the American Association of Petroleum Geologists Pacific Section annual meeting on May 23. The well, a few miles....

  • Intriguing possibility - 05/28/2017 (Full story) Hilcorp Alaska LLC is planning a modest development program at its federal Cook Inlet units this year, with the exception of a sizeable program planned for the Kenai unit. The local subsidiary of the Texas independent operates six units in the Cook Inlet region overseen by the U.S. Bureau of Land Ma....

  • Kenai program planned - 05/28/2017 (Full story) Hilcorp Alaska LLC is planning a modest development program at its federal Cook Inlet units this year, with the exception of a sizeable program planned for the Kenai unit. The local subsidiary of the Texas independent operates six units in the Cook Inlet region overseen by the U.S. Bureau of Land Ma....

  • BOEM opens Cook Inlet bids online - 05/28/2017 (Login to read Full story) The federal Bureau of Ocean Energy Management will open bids for its Cook Inlet outer continental shelf lease sale in Anchorage June 21 — and for the first time in an Alaska OCS lease sale, the opening will not be open to the general public, media or industry. Instead, the bid opening and reading wi....

  • Varied AKLNG intervenors at FERC - 05/28/2017 (Login to read Full story) Following Alaska Gasline Development Corp.'s April 17 filing with the Federal Energy Regulatory Commission for its proposed Alaska LNG Project, various parties met the May 22 deadline to file as intervenors. In a notice of application FERC said that within 90 days it will issue a notice of schedule....

  • MacKinnon: Change only cashable credits - 05/28/2017 (Login to read Full story) When Senate Finance Committee co-Chair Anna MacKinnon began serving in the state Legislature, an oil tax bill quickly emerged in a special session. Since then it seems like oil taxes are an annual affair. This year's House Bill 111 is generating debate over how much change to the current regime is t....

  • Hilcorp installs permanent repair clamp - 05/28/2017 (Login to read Full story) The Alaska Department of Environmental Conservation's Division of Spill Prevention and Response said in a May 22 final situation report that Hilcorp Alaska LLC has installed a permanent repair clamp on a fuel gas line between Platform A and Nikiski in Cook Inlet. A leak was discovered in early Febru....

  • CINGSA reports on gas storage performance - 05/28/2017 (Login to read Full story) Cook Inlet Natural Gas Storage Alaska has filed a report with the Regulatory Commission of Alaska providing an overview of the performance between the end of March 2016 and early April 2017 of the company's gas storage facility on the Kenai Peninsula. At the beginning of the period the total invento....

  • AOGCC eliminates proposed Kuparuk penalty - 05/28/2017 (Login to read Full story) The Alaska Oil and Gas Conservation Commission has eliminated a proposed civil penalty of $580,000 against ConocoPhillips Alaska Inc. for failure to test well safety valve systems at the Kuparuk River unit 2B pad. In a May 17 order the commission said it issued a notice of proposed enforcement acti....

  • A massive Cook Inlet gas resource - 05/28/2017 (Login to read Full story) There are massive quantities of methane, the primary component of natural gas, dissolved in non-potable aquifers in the Cook Inlet region, Gary Player, a consulting petroleum geologist, told the American Association of Petroleum Geologists Pacific Section annual meeting on May 22 in Anchorage. Metha....

  • HB 111 headed for conference committee - 05/28/2017 (Login to read Full story) House Bill 111, the oil credit and tax bill, was included on Gov. Bill Walker's May 18 call for a special session. The versions passed by the House and Senate during the regular session are quite different, with the Senate removing most tax-related changes from the House bill and focusing on the eli....

  • State expands Ninilchik unit PA - 05/28/2017 (Login to read Full story) The state has agreed to expand the Falls Creek participating area. In a May 16 decision, Division of Oil and Gas Director Chantal Walsh approved the expansion, adding 11 tracts and removing three from the participating area at the Ninilchik unit. The unit is located along the coast of the northern K....

  • Exploration license application received - 05/28/2017 (Login to read Full story) The Alaska Department of Natural Resources is evaluating the acceptability of an oil and gas exploration license proposal for the Susitna Valley. The division accepts proposals every April. It then requests comments and additional proposals within the same area. The map the division provided shows w....

  • ANWR 1002 production in Trump budget - 05/28/2017 (Login to read Full story) It would require an act of Congress for a lease sale to occur in the 1002 area of the Arctic National Wildlife Refuge, but lease sale and production revenues are included in the federal budget submitted May 23 by President Donald Trump. Revenues of $400 million are shown for fiscal year 2022 and re....

  • AOGCC fines Eni for late reports - 05/28/2017 (Login to read Full story) The Alaska Oil and Gas Conservation Commission has fined Eni US Operating Co. Inc. $20,000 for “repeatedly failing to submit” required annual surveillance reports for the Nikaitchuq Schrader Bluff Oil Pool in the Nikaitchuq unit by the deadline specified in rule 12 of Conservation Order 639. In a M....

  • Scott Angelle named as BSEE director - 05/28/2017 (Login to read Full story) Scott A. Angelle, a former Louisiana state official, has been named to head the federal Bureau of Safety and Environmental Enforcement. BSEE, part of the Department of Interior, has regulatory oversight of oil and gas operations on the U.S. outer continental shelf. “Scott Angelle brings a wealth of....

  • California proposes new rules after blowout - 05/28/2017 (Login to read Full story) California oil and gas regulators proposed stiff new regulations May 19 for underground gas natural storage facilities after a blowout drove 8,000 families from their Los Angeles homes. The rules proposed by the Department of Conservation follow the massive Southern California Gas Co. leak capped la....

  • The Explorers 2017: High highs, low lows for exploration - 05/28/2017 (Full story) There are a lot of mixed messages in Alaska oil and gas exploration at the moment. The recently completed winter exploration season generated only one well and an associated sidetrack at the Horseshoe project, although Accumulate Energy Inc. was still planning to drill its Icewine No. 2 well as this....


  • The Explorers 2017: State managing 5 exploration licenses - 05/28/2017 (Full story) The state of Alaska launched the exploration license program to create a pathway for companies to explore corners of the state excluded from the regular cycle of lease sales. And although no production in the state can yet be traced to the program, exploration licensing can take credit for a range o....

  • The Explorers 2017: Long-term vision critical now - 05/28/2017 (Full story) On June 20, 1977, history was made and the Trans-Alaska Pipeline System transported the first North Slope oil out of its Arctic confines. Since then, more than 15 billion barrels of crude would make the 800-mile journey across the largest state in America, providing energy security to the United Sta....

  • The Explorers 2017: Accumulate returning to Icewine - 05/28/2017 (Full story) Although it is the smallest company operating on the North Slope, Accumulate Energy Alaska Inc. has been expanding and exploring its leasehold over the past two years. The local subsidiary of Australian independent 88 Energy Ltd. drilled the Icewine No. 1 exploration well in late 2015, acquired 2-D....

  • The Explorers 2017: Ahtna completes Tolsona exploration well - 05/28/2017 (Full story) In the first week of this year, Ahtna Inc. announced that its subsidiary had completed operations at its Tolsona No. 1 exploration well, but wouldn't have results for months. By the time The Explorers went to print, those results had not yet been released. The results will determine whether the Al....

  • The Explorers 2017: Armstrong discoveries rock Alaska - 05/28/2017 (Full story) Judging by completion reports alone, Armstrong Energy LLC drilled its first North Slope exploration well this past winter with the Horseshoe No. 1 well and No. 1A sidetrack. But that measurement fails to capture the full scope of the company's work in Alaska. Through joint ventures, Armstrong is di....

  • The Explorers 2017: ASRC makes progress on Placer well - 05/28/2017 (Full story) The odds of ASRC Exploration LLC becoming a producer in the near future increased in mid-2016, when the operator applied for an extension of the terms of its Placer unit. In its request, the exploration subsidiary of Arctic Slope Regional Corp. told state officials that the Placer No. 3 exploration....

  • The Explorers 2017: BlueCrest exploration plans uncertain - 05/28/2017 (Full story) Over the next few years, policymakers debating oil and gas exploration in Alaska are likely to turn the experience of BlueCrest Alaska Operating LLC into a case study. BlueCrest became one of the newest producers in Alaska last year when it brought the offshore Cosmopolitan unit into production afte....

  • The Explorers 2017: Caelus sitting on a Smith Bay elephant - 05/28/2017 (Full story) After completing a two-well program at the Smith Bay prospect in early 2015, Caelus Energy Alaska LLC announced one of the largest oil discoveries in the history of the North Slope: a 6 billion to 10 billion barrel oil field, according to company estimates. The Tulimaniq discovery promises to be a m....

  • The Explorers 2017: BP's top Alaska exec speaks out - 05/28/2017 (Full story) On March 30, BP Alaska President Janet Weiss answered the following questions for Petroleum News about BP's first 40 years and its next 40 years in Alaska, as well as questions about the number of rigs currently running in the giant oil field and what state government can do to insure oil production....

  • The Explorers 2017: Christmas at Prudhoe Bay - 05/28/2017 (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....

  • The Explorers 2017: Looking back to beginning, startup - 05/28/2017 (Full story) It was hard to know when to begin this section because the story of the trans-Alaska oil pipeline really started more than a decade earlier on the North Slope with the exploration taking place there, followed by the discovery of the giant Prudhoe Bay field. So, we began this story there, adding phot....

  • The Explorers 2017: Nanushuk invigorating ConocoPhillips - 05/28/2017 (Full story) ConocoPhillips Alaska Inc. is currently exploring in two directions on Alaska's North Slope — to the west and to the south. But the company is seeing a similar opportunity in both places. The Houston-based independent's generation-long move to the west reached a new milestone in early 2017 with the....

  • The Explorers 2017: Three wells in, Doyon remains persistent - 05/28/2017 (Full story) Sometime this spring, Doyon Ltd. expects to have results from a 64-square-mile 3-D seismic survey it recently commissioned over the northern end of the Nenana basin. The Alaska Native corporation for the Interior region commissioned the survey late last year, shortly before announcing that its thir....

  • The Explorers 2017: Eni looking north from Nikaitchuq - 05/28/2017 (Full story) In the final weeks of 2016 and the first few months of this year, Eni U.S. Operating Co. LLC took early steps toward launching an exploration program at its Nikaitchuq unit. The program would focus on targets in the Nikaitchuq North field, in the federal waters north of the offshore Nikaitchuq unit....

  • The Explorers 2017: Furie planning Jurassic well at KLU - 05/28/2017 (Full story) With the right resources and market conditions, Furie Operating Alaska LLC could become the most prolific exploration company in Cook Inlet over the next few years. In a plan of operations submitted to the state in March 2016, the local independent announced a five-year plan to drill as many as 10 e....

  • The Explorers 2017: Glacier returning to exploration - 05/28/2017 (Full story) Glacier Oil & Gas Corp. is getting back into exploration. As this issue of The Explorers was going to print, the independent company was permitting a proposed exploration program at its Sabre prospect in the Cook Inlet region. If the company follows through with the offshore project during the curre....

  • The Explorers 2017: Great Bear eyes conventional oil - 05/28/2017 (Full story) In late September 2016, Great Bear Petroleum Operating LLC announced that it had identified eight conventional oil prospects on its leases south of Prudhoe Bay. The announcement highlighted the unusual situation of source rock exploration and development on the North Slope at the moment, where the....

  • The Explorers 2017: Hilcorp exploring at existing units - 05/28/2017 (Full story) Although it has been one of the most active operators in Alaska over the past five years, Hilcorp Alaska LLC has only drilled five wells classified as “exploratory” by the state. The local subsidiary of the Texas-based independent has been focused more or less entirely on reviving aging fields since....

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  • 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

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