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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.
  • Looking at it again - 06/24/2018 (Full story) New major oil discoveries in the Nanushuk and Torok formations on Alaska's North Slope are causing some significant rethinking of the oil potential of the region, as companies move towards development of these exciting finds and people assess further exploration opportunities. Petroleum geologist Pa....

  • A place at the table - 06/24/2018 (Full story) The state of Alaska is uniquely positioned to lead and benefit from the transition in global energy, as the world addresses the challenge of reducing energy related emissions, Susan Dio, chairman and president of BP America Inc., told the annual meeting of the Resource Development Council on....

  • Looking beyond US - 06/24/2018 (Full story) A U.S.-Canada trade fight being spearheaded by unparalleled hostility between President Donald Trump and Prime Minister Justin Trudeau has prompted talk of new pipelines in Canada to unlock Alberta's oil sands by opening routes to new crude oil markets beyond North America. Spurring that debate is a....

  • AIDEA sale of Pentex to IGU closes; major step in IEP plans - 06/24/2018 (Login to read Full story) The Alaska Industrial Development and Export Authority has announced the completion of its sale of Pentex Natural Gas Co. to the Interior Gas Utility. As reported in the June 17 issue of Petroleum News, on June 12 the IGU board approved completion of the sale, which then closed on June 14. The IGU b....

  • EPA, Corps, publish MOU on new policies for Alaska wetlands - 06/24/2018 (Login to read Full story) The Environmental Protection Agency and the U.S. Army have issued a memorandum of understanding setting specific policies for wetlands mitigation requirements in Alaska. The guidelines relate to so-called section 404 permitting by the U.S. Army Corps of Engineers. This type of permitting, required i....

  • Frack bumps Nikolaevsk production; four-fold increase only temporary - 06/24/2018 (Login to read Full story) After years of steadily declining Nikolaevsk unit production, Hilcorp reported a significant increase in production last year as the result of a fracture stimulation effort. The company credited its fracture stimulation of the Red No. 1 well in March 2017 with increasing natural gas production to 60....

  • Stat review finds 2017 emissions increase - 06/24/2018 (Login to read Full story) In introducing the BP Statistical Review of World Energy 2018, BP Group Chief Executive Bob Dudley said in a June 13 statement: “2017 was a year where structural forces in the energy market continued to push forward the transition to a lower carbon economy, but where cyclical factors have reversed o....

  • State approves new POD for Prudhoe Bay - 06/24/2018 (Login to read Full story) The Alaska Division of Oil and Gas has approved BP Exploration (Alaska)'s 2018 plan of development for the initial participating areas, the oil rim and gas cap, at the Prudhoe Bay field. In a June 13 letter of approval, division Director Chantal Walsh said the POD, dated March 29, was declared compl....

  • Research: Diet shift for belugas in inlet - 06/24/2018 (Login to read Full story) Beluga whales in Alaska's Cook Inlet may have changed their diet over five decades from saltwater prey to fish and crustaceans influenced by freshwater, according to a study by University of Alaska Fairbanks researchers. An analysis of isotopes in beluga bone and teeth showed belugas formerly fed o....

  • July rig air quality workgroup meeting - 06/24/2018 (Login to read Full story) A workgroup formed to develop recommendations for air quality permitting and procedures for temporary oil and gas drilling rig operations at existing Alaska facilities will hold its next meeting on July 12, the Alaska Department of Environmental Conservation has announced. This Oil and Gas Drill Rig....

  • Exploration well is the Starfish - 06/24/2018 (Login to read Full story) The article titled “Starfish success” in the June 17 issue of Petroleum News makes some reference to the exploration well drilled by Glacier Oil and Gas Corp. in the Badami unit this winter as the Swordfish well. The correct name of the well is the Starfish well. Petroleum News apologizes for any co....

  • Waves cause Antarctic shelf disintegration - 06/24/2018 (Login to read Full story) A group of researchers have determined that storm-driven ocean swells have caused catastrophic disintegration of Antarctic ice shelves in recent decades, according to a recent paper published in Nature. Apparently reduced sea ice coverage since the late 1980s has exposed ice shelves to the swells, c....

  • More wells at Kuparuk, facilities at Milne - 06/24/2018 (Login to read Full story) The Alaska Division of Oil and Gas has approved requests from ConocoPhillips Alaska for new wells at the Kuparuk River unit and requests from Hilcorp Alaska for production facilities additions at the Milne Point unit. In a June 19 decision the division approved a plan by Kuparuk operator ConocoPhil....

  • Volant appoints GM for new Houston area facility - 06/24/2018 (Login to read Full story) Volant said it is pleased to announce that Aaron Sinnott has agreed to join its Houston-based business Volant Oil Tools US as its general manager. Sinnott previously worked for Weatherford with 25 years of experience in tubular running services and well integrity, ranging from field operations to g....

  • Idaho questions production ‘discrepancies' - 06/24/2018 (Login to read Full story) Texas oil company to explain what a state agency calls “discrepancies” involving oil and gas production records for wells in Idaho following an evaluation of records dating back to 2014. The Idaho Oil and Gas Conservation Commission on June 13 directed the Idaho Department of Lands to ask Houstonba....

  • Trump declares oil too high, blames OPEC - 06/24/2018 (Login to read Full story) President Donald Trump blames OPEC for oil prices that he says are too high, and no doubt many Americans feel the same way. But it's more complicated than that. Crude has more than doubled since bottoming out below $30 a barrel in early 2016, causing U.S. motorists to face the highest gasoline pri....

  • Permian line would move 1 million bpd - 06/24/2018 (Login to read Full story) Oil giant Exxon Mobil Corp. and Plains All American Pipeline have agreed to build a pipeline to transport crude from the Permian basin to the Texas Gulf Coast. The June 12 announcement by Irving-based Exxon Mobil and Plains All American, with headquarters in Houston, did not include financial detai....

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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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