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  • Exploration underway - 01/14/2018 (Full story) The first exploration well has been spud and ice road construction is underway for as many as nine additional penetrations on Alaska's North Slope. Warmer-than-usual weather has prevented access to the tundra until recently. Two wells planned for this winter's North Slope exploration drilling season....

  • Lease sales proposed - 01/14/2018 (Full story) On Dec. 4 the Department of the Interior announced a draft new five year outer continental shelf oil and gas lease sale program that would greatly expand the availability of federal offshore lands for oil and gas activities. The proposed plan, which covers the years 2019 to 2024, includes 47 lease s....

  • $60 oil for '18, '19 - 01/14/2018 (Full story) U.S. crude oil production is projected to hit an all-time high this year, with crude oil prices expected to flatten to the $60-$61 per barrel average range this year and next, the U.S. Energy Information Administration said Jan. 9 in its January Short-Term Energy Outlook, the first to include 2019.....

  • Oil Search/Armstrong deal might close sooner; Steve Quinn onto new venture; BP's Bob Dudley rumored in Juneau - 01/14/2018 (Login to read Full story) “At this stage it is planned for Oil Search to take operatorship in mid-February but that will be dependent on the closure of the transaction which is awaiting final regulatory approvals,” Oil Search's executive general manager for exploration and new business, Keiran Wulff, told PN Jan. 9. Oil Sear....

  • Fairbanks utility merger needs RCA approval - 01/14/2018 (Login to read Full story) The Alaska Industrial Development and Export Authority and the Interior Gas Utility have asked the Regulatory Commission of Alaska for expedited approval of the purchase of Fairbanks Natural Gas by the Interior Gas Utility, to form a single, consolidated gas utility for Fairbanks and its surrounds.....

  • CIRI to partner with Doyon for Nenana well - 01/14/2018 (Login to read Full story) Cook Inlet Region Inc. has announced that it plans to partner with Doyon Ltd. for the drilling of the Totchaket No. 1 exploration well in the Nenana basin in the coming summer. Doyon has previously announced the planned drilling of the well as part of the Native regional corporation's search for oil....

  • Seismic permitting timing data needed - 01/14/2018 (Login to read Full story) The Government Accountability Office has recommended that the National Marine Fisheries Service and the U.S. Fish and Wildlife Service record their review dates for incidental take authorizations associated with outer continental shelf seismic survey permit applications. GAO also recommended that th....

  • Giessel: AGDC, tax system study on table - 01/14/2018 (Login to read Full story) Sen. Cathy Giessel won't likely be hearing an oil tax bill this session, but she still expects a busy docket that will feature updates on the prospects of marketing Alaska's North Slope natural gas, and a careful study of the state's tax system as co-chair of a working group created under last year'....

  • Rate of Alaska job losses is slowing - 01/14/2018 (Login to read Full story) The state of Alaska's employment forecast for 2018, published by the Department of Labor and Workforce Development in the January edition of Alaska Economic Trends, points to a slowing rate of job losses in the state, as the current recession continues to work its way through the economy. The sharp....

  • Bills to extend AIDEA's bonding authority - 01/14/2018 (Login to read Full story) Bills included in the first batch of prefiled bills for the 2018 session of the 30th Alaska Legislature include bills to extend the bonding authority of the Alaska Industrial Development and Export Authority. House Bill 261, by Rep. Steve Thompson, R-Fairbanks, and Senate Bill 125, by Senate Presid....

  • ML&P signs agreement for Furie gas - 01/14/2018 (Login to read Full story) Municipal Light & Power has asked the Regulatory Commission of Alaska to add Furie Operating Alaska LLC to the list of gas suppliers in the ML&P tariff, following the signing of a gas supply agreement between ML&P and Furie. The gas would presumably come from Furie's Kitchen Lights field, offshore i....

  • BSEE issues alert for offshore gas releases - 01/14/2018 (Login to read Full story) Following a pilot inspection program for offshore oil and gas facilities in the Gulf of Mexico, the Bureau of Safety and Environmental Enforcement has issued a safety alert, warning of the dangers of gas release hazards. During the inspection program BSEE staff found a number of safety hazards, incl....

  • Call for exploration license applications - 01/14/2018 (Login to read Full story) The state has put out a call for proposals for oil and gas exploration licenses within the Nenana area, and a determination by the director of the Division of Oil and Gas on lands in the Nenana area subject to exploration licensing. The determination follows publication of a preliminary determinati....

  • Eastern coastal area open for tundra travel - 01/14/2018 (Login to read Full story) The Alaska Department of Natural Resources has announced that on Jan. 9 it opened the eastern coastal area of state lands on the North Slope for off-road tundra travel. All other areas of state land in the region remain closed. Land in the eastern coastal area has met the required conditions for off....

  • EPA awards $8 million for re-development - 01/14/2018 (Login to read Full story) The Environmental Protection Agency has announced the award of more than $8 million to states and tribes in the Pacific Northwest and Alaska for the re-development and remediation of brownfield sites. In Alaska the Tanana Chiefs Conference, a tribal corporation in the Interior, has an active brownfi....

  • Kuparuk moving from diesel to gasoline - 01/14/2018 (Login to read Full story) The state has approved plans by ConocoPhillips Alaska, the Kuparuk River unit operator, to install two new gasoline tank skids and other equipment at the field. The division said the tanks will provide gasoline fuel for vehicles as ConocoPhillips “transitions away from diesel-powered pickup trucks....

  • BOEM seeking environmental study ideas - 01/14/2018 (Login to read Full story) The Bureau of Ocean Energy Management is seeking study ideas for inclusion in the agency's environmental studies program in fiscal year 2019. The agency says that it is starting to formulate its 2019 environmental studies development plan and is looking for ideas relevant to BOEM's information requi....

  • Petroleum News also offers a News Bulletin Service.
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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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