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  • $25 million for port - 11/17/2019 (Full story) The Port of Alaska has garnered a $25 million grant from the federal “Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program,” to build the third and final phase of an upgrade to its petroleum products and cement handling facilities, U.S. Secretary o....

  • Alaska & independents - 11/17/2019 (Full story) Majid Jourabchi, president of Thyssen Petroleum, and a partner in Mustang, the first oil field that a small independent has taken from discovery to production on the North Slope, thinks Alaska is a good place for investment under the current system. “As far as an independent on the North Slope, I be....

  • New home, new name - 11/17/2019 (Login to read Full story) It made a formal entry into the Canadian oil patch in 1973 when the Alberta government launched Alberta Energy Co. as a government corporation to offset Arab oil embargos and subsequent price aftershocks. Now all those deep Alberta and Canadian roots have been severed as AEC's successor company Enc....

  • Oil patch insider: FTC won't stop BP Alaska sale to Hilcorp; Carl Portman to retire - 11/17/2019 (Full story) Unlike the BP-ARCO merger that closed in 2000 and was subject to oversight from the Securities and Exchange Commission, which did not allow BP to purchase ARCO's Alaska assets, the proposed Hilcorp Alaska-BP Exploration Alaska deal has been reviewed by the Federal Trade Commission. The agency did no....

  • Oil patch insider: AG seeks to intervene in enviro lawsuit re. Hilcorp Cook Inlet seismic - 11/17/2019 (Login to read Full story) The Alaska attorney general's office filed a motion Nov. 13 to intervene in a lawsuit by Cook Inletkeeper and the Center for Biological Diversity that challenges the decision by the National Oceanic Atmospheric Administration, acting through the National Marine Fisheries Service, to issue incidental....

  • Oil patch insider: Dunleavy appoints Walsh, Reaves to board - 11/17/2019 (Login to read Full story) Alaska Gov. Michael Dunleavy recently reappointed Tom Walsh, Anchorage, and appointed Dave Reaves, Wasilla, to Alaska's Oil and Gas Competitiveness Review Board. Walsh's term runs until July 1, 2023, and Reaves until July 1, 2021, according to statement from the administration. Created in 2013 by S....

  • Oil Search Alaska files first Pikka plan of development - 11/17/2019 (Login to read Full story) Oil Search Alaska took another significant step forward in its Pikka oil field development by filing the first plan of development for the North Slope unit with the Alaska Department of Natural Resources' Division of Oil and Gas. The POD, dated Nov. 1, has a cover letter addressed to both Corri Feig....

  • Exxon, BP apply for 5% pipeline transfer - 11/17/2019 (Login to read Full story) ExxonMobil Pipeline Co. and BP Transportation (Alaska) Inc. have applied to the Regulatory Commission of Alaska for approval of a transfer of 5% interest in the PTE Pipeline from EMPC to BPTA. The companies told RCA the proposed transfer is part of the larger transaction in which BP is exiting Alas....

  • Division of O&G approves Point Thomson POD - 11/17/2019 (Login to read Full story) The Alaska Department of Natural Resources' Division of Oil and Gas has approved the 2020-21 Point Thomson unit plan of development. In a Nov. 7 approval letter, acting division Director Tom Stokes said while Point Thomson operator ExxonMobil Alaska Production has so far been unsuccessful in consis....

  • Amaroq applies for Nicolai Creek injection - 11/17/2019 (Login to read Full story) Amaroq Resources LLC has applied to the Alaska Oil and Gas Conservation Commission for a disposal injection order for disposal of produced water and other Class II eligible waste fluids from the Nicolai Creek unit in the Tyonek formation in the NCU. The commission has scheduled a public hearing on....

  • EIA: US on course for production record - 11/17/2019 (Login to read Full story) The U.S. Energy Information Administration said in its Short-Term Energy Outlook, released Nov. 13, that Brent crude oil spot prices averaged $60 per barrel in October, down $3 per barrel from September and down $21 per barrel form October 2018. EIA Administrator Dr. Linda Capuano said “EIA forecas....

  • Battle of words over AK LNG continues - 11/17/2019 (Login to read Full story) The Federal Energy Regulatory Commission has received more comments in the continuing disagreement over where a liquefaction facility for the Alaska LNG Project should be located. FERC published a draft environmental impact statement for the Alaska LNG Project in June, with comments due Oct. 3, but....

  • US rig count continues to fall, down by 5 - 11/17/2019 (Login to read Full story) Baker Hughes reports the number of rigs drilling for oil and natural gas in the U.S. continued to fall the week ending Nov. 8, down by five to 817, following a drop of eight the previous week and a steep drop of 21 rigs the week ending Oct. 25. In its weekly rig count the Houston oilfield services....

  • ConocoPhillips AK invests in housing - 11/17/2019 (Login to read Full story) Catholic Social Services said Nov. 13 that ConocoPhillips Alaska provided a $150,000 grant for the Community Housing Project, a partnership between Catholic Social Services, Rural Alaska Community Action Program Inc. (RurAL CAP), Salvation Army and United Way that supports families moving from homel....

  • Kenai LNG 50th celebrated in Japan - 11/17/2019 (Login to read Full story) The 50th anniversary of the Kenai LNG plant in Nikiski was celebrated at Negishi LNG receiving terminal outside Tokyo, Japan, in a Nov. 6 ceremony hosted by Tokyo Electric Power (now JERA Co.), Tokyo Gas Co., Mitsubishi Corp. and ConocoPhillips Asia Pacific. The Kenai LNG plant in Nikiski, for decad....


  • Pipeline progress and pain - 11/17/2019 (Login to read Full story) The beat goes on in Canadian pipeline two-step. Every hint of progress on one front seems to get dealt a setback on another. The best news lately came from Enbridge, which expects the Canadian portion of Line 3 from Alberta to the U.S. Midwest will be fully operational by Dec. 1 and analysts are hop....

  • Producers 2019: Future of Alaska oil and gas production looks solid - 11/17/2019 (Full story) Oil prices are acceptable, Alaska has a governor who understands the importance of the oil industry to the state's economy and a Department of Natural Resources commissioner who is working to attract investment and get discoveries online more quickly. Plus, Alaska has a huge new North Slope oil play....

  • Producers 2019: AIX Energy focused on deliverability - 11/17/2019 (Full story) In its fifth plan of development/operations for the Kenai Loop gas field AIX Energy LLC said it will focus on “aligning gas sales with field deliverability” for the period May 7, 2019, through May 6, 2020. The plan was submitted both to the Alaska Department of Natural Resources' Division of Oil and....

  • Producers 2019: Amaroq doubles Nicolai Creek output - 11/17/2019 (Full story) Thanks to remedial and upgrade work involving the Nicolai Creek No. 10 well, gas production from the Nicolai Creek field onshore the west side of Cook Inlet has recently doubled, Scott Pfoff, president of Amaroq Resources, the field operator, told Petroleum News on Aug. 30, 2019. “We've gone from a....

  • Producers 2019: Trident fishbone wells horizon - 11/17/2019 (Full story) BlueCrest Alaska has developed a new “trident fishbone” well design, the latest innovation the company has devised for efficient and economic development of its Cosmopolitan oil project offshore Cook Inlet. Oil was discovered at Cosmopolitan by Pennzoil Oil Co. in 1967. Other companies have tried to....

  • Producers 2019: BP: Still drilling at Prudhoe Bay after 42 years - 11/17/2019 (Full story) In 2019, the giant Prudhoe Bay oil field entered its 42nd year online, but operator BP Exploration Alaska said there is still an important role for development drilling, despite the reality that the field is 31 years beyond its production plateau. In its annual progress report for the initial partic....

  • Producers 2019: Mustang almost there! - 11/17/2019 (Full story) With approvals and permits in place, the first small independent to take an oil field from discovery to production on the North Slope will be delivering oil to the trans-Alaska pipeline sometime in fourth quarter 2019. In a Sept. 30, 2019, filing of its seventh annual plan of development with the A....

  • Producers 2019: North Slope's major producer - 11/17/2019 (Full story) ConocoPhillips Alaska is the largest oil producer on Alaska's North Slope, operates state and federal units and has a major ownership interest in the Prudhoe Bay field, as well as lease positions, 75% of which, the company says, remains to be explored. Producing units operated by the company include....

  • Producers 2019: Eni restarts Nikaitchuq drilling program - 11/17/2019 (Full story) Although Eni US Operating's activities in Alaska tend to represent a small portion of the Milan based company's worldwide activities, Eni has been expressing a positive view of its Alaska interests. That view has recently translated into the completion of new wells in the company's Nikaitchuq oil fi....

  • Producers 2019: Exxon pursuing two fronts - 11/17/2019 (Full story) One of the earliest explorers in Alaska and one of the primary working interest owners on the North Slope, ExxonMobil did not embark on the $4 billion Point Thomson development just to produce 10,000 barrels of condensate a day. Production of the technically challenged condensates was the result of....

  • Producers 2019: Kitchen Lights on the market - 11/17/2019 (Full story) Owned by Texas-based Cornucopia Oil & Gas Co., which in turn is owned by Deutsche Oel and Gas, Furie Operating Alaska LLC is operator of the offshore Cook Inlet Kitchen Lights unit that began producing natural gas in 2015. In spring 2018, lender Energy Capital Partners started foreclosure proceedin....

  • Producers 2019: After success, Glacier seeks investor - 11/17/2019 (Full story) Glacier Oil and Gas Corp., which is solely focused on oil and gas fields in Alaska's Cook Inlet basin and on the North Slope, is continuing to move forward on two fronts in the state: 1. maintenance and well workovers at its four producing units, and 2. more exploration and appraisal drilling of the....

  • Producers 2019: Hilcorp boosts North Slope output - 11/17/2019 (Full story) On the North Slope, Hilcorp operates four properties, the Milne Point unit, the Endicott field at the Duck Island unit, the Northstar unit and the Liberty project which unlike the other three is not currently in production. The company initially acquired its positions on the North Slope from BP in 2....

  • Producers 2019: Hilcorp: Titan of Cook Inlet producers - 11/17/2019 (Full story) The Cook Inlet basin is the cradle of the modern oil and gas industry in Alaska. In 1957, Richfield Oil Corp. discovered oil when it tapped the Hemlock formation with the Swanson River No. 1 well. The Swanson River oil field convinced a divided Congress that the oil industry could provide the econom....

  • Producers 2019: Oil Search's Pikka project evolving, improving - 11/17/2019 (Full story) Oil Search announced its entry into Alaska on Nov. 1, 2017, when it cut a deal with Armstrong Energy and a minority partner to buy a working interest in leases in and near the Pikka unit and Horseshoe block west of the central North Slope. Taking over as operator from Armstrong, the Australia compan....

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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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