Responses split on RCA storage authority 01/17/2010
CINGS request for declaratory ruling draws response: CEA, MLandP say storage should be regulated utility; Aurora, Marathon say not
There is unanimity on one thing: Third-party natural gas storage is needed in Cook Inlet. That was a theme running through responses received by the Regulatory Commission of Alaska when it asked for...

New Nicolai Creek gas well goes on line 01/10/2010
Aurora Gas has brought no. 11 well into operation and company applies for new PA and unit expansion at west Cook Inlet gas field
Independent gas producer Aurora Gas has brought on line a new well, the Nicolai Creek No. 11, in its Nicolai Creek gas field, at the northern end of Trading Bay, on the western coast of Alaska's Cook...

ANGDA resolves EIS project description 12/27/2009
Authority's board approves moving ahead with Beluga to Fairbanks gas line permitting work, exclusive agreement on propane project
The Alaska Natural Gas Development Authority, the U.S. Army Corps of Engineers and the Bureau of Land Management appear to have come to an agreement on a project description of ANGDA's Beluga-to-Fairb...

Cook Inlet Energy's ready 12/20/2009
Tennessee's Miller Energy brings $4.5M to buy, re-start abandoned Alaska assets
Managers for Cook Inlet Energy say they've wrapped up the purchase of a package of formerly abandoned oil and gas properties on the inlet's west side and are moving toward a production re-start. The c...

ANGDA advancing propane, gas co-op 11/22/2009
Alaska Natural Gas Development Authority asks for discussion of synergy with FNG, Alaska Gasline Port Authority LNG project
The board of directors of the Alaska Natural Gas Development Authority got one meeting it's been asking for - a closed-door session with Gov. Sean Parnell - and asked for another, this one with the Co...

The Explorers 2009: Aurora Gas 11/15/2009
Aurora Gas, one of the smallest producers in Alaska, began in 2000, looking for natural gas opportunities in the Cook Inlet basin. Within five years, the company became the operator of five fields on...

The Explorers 2009: Cook Inlet basin 11/15/2009
Cook Inlet, a major sea inlet between the Kenai Peninsula and the mainland of Southcentral Alaska, lies over part of a deep sedimentary basin that has formed between the Kenai Mountains and the mounta...

Tax incentives proposed for gas storage 11/08/2009
Alaska Sen. French unveils bill offering tax credits, property tax relief to encourage Cook Inlet facilities for holding natural gas
Alaska state Sen. Hollis French plans to introduce legislation to provide tax incentives for development of Cook Inlet natural gas storage capacity. French, an Anchorage Democrat who sits on the Senat...

Pacific Energy sale drama continues 11/01/2009
Bidders jockey for Cook Inlet oil and gas assets as objections pour in ahead of Nov. 3 hearing in US Bankruptcy Court in Delaware
An effort by Pacific Energy Resources Ltd. to recoup and then sell some of its abandoned Alaska oil and gas assets has ignited a competition for the properties, and drawn a flurry of objections. The w...

Surprise sale proposed 10/18/2009
Pacific Energy asks court to reverse abandonment, OK Cook Inlet assets deal
Pacific Energy Resources Ltd., which in September abandoned nearly all its holdings in Alaska's Cook Inlet as part of bankruptcy proceedings, is now asking a judge to partly reverse his Sept. 11 aband...

Railbelt crossroads 10/11/2009
Gas-dependent SC Alaska tries to determine how to meet energy needs
As the Municipality of Anchorage prepares for the possibility of natural gas shortages during the cold of the coming winter, shortages that would cause the electric utilities to activate contingency p...

Pacific Energy dumps more Cook Inlet assets 09/20/2009
List includes West McArthur River, Redoubt Shoal, West Foreland fields; properties expected to fall to state or other landowners
Pacific Energy Resources Ltd. has abandoned most if not all of its remaining oil and gas assets in Alaska's Cook Inlet, leaving the state and other landowners with the potentially costly chore of look...

What price CI gas? 09/20/2009
RCA gleans views on breaking utility supply contract approval logjam
While concerns rise about whether natural gas supplies from Alaska's Cook Inlet basin will be able to keep up with local utility demand, especially during the depths of the winter, a debate continues...

Pacific Energy IDs buyers 09/13/2009
State of Alaska considers asset purchase but backs off, figuring to inherit property
The State of Alaska briefly considered buying some of the remaining Cook Inlet assets of imploding California oil and gas producer Pacific Energy Resources Ltd., but ultimately decided against it. Kev...

Pacific Energy bails 09/06/2009
California firm abandons Trading Bay oil unit in Cook Inlet after sale crumbles
Pacific Energy Resources Ltd., mired in bankruptcy proceedings, has walked away from perhaps its most valuable Alaska oil and gas asset - a minority interest in the Trading Bay unit in Cook Inlet. The...

Chevron raps Pacific Energy plan 08/30/2009
Oil giant says financially strapped California producer trying to 'cherry pick' by dumping only select parts of Cook Inlet interests, retaining beneficial parts of integrated arrangement
A key court hearing on the fate of Pacific Energy Resources Ltd.'s oil and gas assets in Alaska's Cook Inlet is scheduled for Sept. 1, and one of the company's partners is raising questions about whet...

Pacific Energy's Trading Bay sale gets OK from bankruptcy judge 08/23/2009
Aug. 31 deadline set for proposed buyer Ocar to show proof of at least $60M in financing
A Delaware bankruptcy judge has given preliminary approval for Pacific Energy Resources Ltd. to sell its minority stake in the Trading Bay unit in Alaska's Cook Inlet. For final approval, the buyer mu...

Pacific Energy proposes $100 asset sale 08/16/2009
California oil and gas producer looks to shed stake in Trading Bay oil field in Cook Inlet, unload debt and other obligations
Financially troubled oil and gas producer Pacific Energy Resources Ltd. is proposing to sell some of its most valuable assets in Alaska's Cook Inlet for $100. The asset package includes Pacific Energy...

More gas storage needed 08/16/2009
Zager says a variety of storage options required; scope for conservation
With winter cold in Southcentral Alaska perhaps three months away, the season is fast approaching when a severe cold snap could push the required delivery rate of utility natural gas for heating and p...

Open Season for Nicolai Creek storage 08/09/2009
Aurora Gas LLC is testing interest in its plan to provide third-party natural gas storage at its Nicolai Creek field by holding a nonbinding open season. The open season, to run Aug. 4 through Aug. 2...

Still chasing asset sale 08/09/2009
Pacific Energy substitutes New Alaska Energy as winning bidder for Cook Inlet properties
Pacific Energy Resources Ltd.'s proposed sale of some of its oil and gas assets in Alaska's Cook Inlet continues to hang in limbo in U.S. Bankruptcy Court in Delaware. Numerous lawyers representing th...

Pacific Energy asset sale still pending 08/02/2009
Troubled California company has $8.1 million bid for some Cook Inlet assets, but deal needs judge's OK amid several objections
A potential sale of some of the Cook Inlet oil and gas assets belonging to troubled Pacific Energy Resources Ltd. appears to have been delayed at least until Aug. 4. That's the next court date for Pac...

Aurora working storage at Nicolai Creek 07/26/2009
Faces challenges of developing first third-party Cook Inlet gas storage, doing it at operating gas field with new gas well planned
Aurora Gas is working on a plan to provide third-party natural gas storage at its Nicolai Creek field - the first third-party storage available in the Cook Inlet basin. And this isn't a depleted field...

Pacific Energy sale 07/26/2009
Caribbean firms bid $8.1 million for Cook Inlet assets; hearing on July 27
Financially strapped oil and gas producer Pacific Energy Resources Ltd. is proposing to sell part of its Alaska holdings for $8.1 million to a pair of companies registered in the British Virgin Island...

Kaloa well dry, Aurora not discouraged 06/28/2009
The most recent gas development well drilled by Aurora Gas on the west side of Cook Inlet was a dry hole, company President Scott Pfoff told Petroleum News in mid-June. The Kaloa No. 3 well was the co...