Rick Fox: Shell in Alaska for long haul 11/25/2007
Although a lawsuit has put Beaufort Sea drilling on hold in 2007 company moved ahead with Chukchi seismic and other programs
Despite the setback of a court-enforced suspension of Shell's Beaufort Sea drilling program, Rick Fox, the company's Alaska asset manager, gave an upbeat assessment of Shell's progress in Alaska at th...

Chevron ups stake 11/25/2007
Back on North Slope, 2007-08 AK investment doubled, might again in 2009
Chevron is back exploring on the North Slope - for the first time since the early 1990s - and will start a two-year drilling program at its White Hills exploration prospect later this year. John Zage...

THE EXPLORERS 2007: Union Energy takes Kavik leases 11/18/2007
A new company won three leases in the State of Alaska's annual North Slope areawide lease sale on Oct. 24, 2007. Union Energy (Alaska) LLC, which gave the Division of Oil and Gas a contact address in...

THE EXPLORERS 2007: Idaho newcomer in Cook Inlet 11/18/2007
Newcomer Duke Oil and Gas-Alaska LLC joined the bevy of small companies and investor consortiums that clamored for tracts in Alaska's Cook Inlet areawide oil and gas lease sale May 24, 2006. Its leases...

THE EXPLORERS 2007: Storm Cat Energy drops out of Alaska 11/18/2007
Storm Cat Energy Corp., less than two years after drilling an exploration well in the coalbed-methane-rich Matanuska-Susitna Borough, has dropped its pursuit of natural gas reserves in Alaska. Instea...

THE EXPLORERS 2007: Small independents in high gear 11/18/2007
Five small EandP gas companies plan to drill exploration wells on Alaska's North Slope winter 2007-08
Five small independent oil and gas companies expect to drill exploration wells on Alaska's North Slope in the winter exploration season of 2007-08. In the past, the highest number of small independent...

THE EXPLORERS 2007: Marathon continues to chase inlet gas 11/18/2007
Company sees significant opportunity in the Cook Inlet region but wants competitive gas pricing and a stable fiscal, regulatory environment in Alaska
Although oil and gas production in Alaska is declining, there are still plenty of resources to find and develop, Mitch Little, Marathon's Alaska production manager, told Petroleum News Oct. 2, 2007. "...

THE EXPLORERS 2007: Petro-Canada: From operator to partner 11/18/2007
A better headline for this story might have been "Petro-Canada: From possible operator to partner" because the company had not actually drilled a well in Alaska when it decided to continue to play the...

THE EXPLORERS 2007: Eni moving forward with Nikaitchuq 11/18/2007
Beaufort Sea project sanction expected by end of 2007, first oil 2009; Maggiore, Rock Flour undergoing evaluation
The signs are good that Eni will move forward with development of its Nikaitchuq unit offshore Alaska's North Slope in 2008. On Oct. 5, 2007, the Houston-based affiliate of Italy's Eni SpA received S...

THE EXPLORERS 2007: Benchmark Oil and Gas buying seismic, talking to operators 11/18/2007
It took more than a year, but Benchmark Oil and Gas, along with other successful bidders, finally received its lease assignments from the State of Alaska for the 20 tracts it won in the May 2006 Cook...

THE EXPLORERS 2007: Shell never really left Alaska 11/18/2007
2007 Beaufort drilling plans on hold due to a court order, Odom says will continue to listen, learn, work with local people
When Shell re-entered Alaska in October 2001 with the $2.4 million acquisition of 56,000 acres on the North Slope, Alaskans watched to see what the U.S. EandP arm of Royal Dutch Shell would do next. Fo...

THE EXPLORERS 2007: Gas giant BG strong partner 11/18/2007
London-based BG Group, one of the world's largest natural gas companies, entered Alaska in January 2006, with a Brooks Range Foothills joint venture agreement with Anadarko Petroleum and Petro-Canada....

THE EXPLORERS 2007: Chevron: working across the state 11/18/2007
White Hills exploration to begin this winter, company continues to look at Cook Inlet opportunities
Chevron, an oil and gas explorer and producer in Alaska for decades, will begin exploration drilling this winter at its White Hills prospect in the Brooks Range foothills on the southern edge of the N...

THE EXPLORERS 2007: FEX puts NPR-A drilling on pause 11/18/2007
Independent remains committed, but concerned about land access, high costs, fiscal regime, postpones drilling for two years
FEX L.P.'s decision to put its Alaska drilling program on pause for two years came as a surprise to everyone except those paying attention to the federal government's cancellation of National Petroleu...

THE EXPLORERS 2007: Armstrong, Total back in the game 11/18/2007
An affiliate of Denver-based Armstrong Oil and Gas and a subsidiary of Paris-based Total S.A. returned to Alaska in 2007. When independent Armstrong Alaska LLC and Houston-based major Total EandP USA In...

THE EXPLORERS 2007: Alaska gets $2 million from lease sales 11/18/2007
An Alaska investor group and a new company dominated the State of Alaska's annual North Slope and Beaufort Sea areawide lease sales. When bids were read Oct. 24 in Anchorage by Acting Director of the...

Seven drilling ANS exploration wells 11/18/2007
Gas target of two Anadarko's wells; four small independents to drill; Chevron starts multi-year exploratory program in Foothills
Seven oil and gas companies plan to drill exploration wells on Alaska's North Slope this winter; an eighth company is moving forward with plans to re-enter an old exploration well on an undeveloped pr...

No bids for Mental Health Trust sale 11/18/2007
The Alaska Mental Health Trust Land Office received no bids for its Nov. 14 oil and gas lease sale. The Trust Land Office offered 24 tracts, some 125,000 acres, in the northern Cook Inlet basin. The...

DOI moving on OCS alternative energies 11/11/2007
Final PEIS issued; Minerals Management Service publishing interim policy for offshore technology testing before regulations completed
On Nov. 5 the U.S. Department of the Interior issued the final programmatic environmental impact statement for the alternative energy and alternative use program for the U.S. outer continental shelf....

Marathon continues to chase Cook Inlet gas 11/04/2007
Company sees significant opportunity in the region but wants competitive gas pricing and a stable fiscal, regulatory environment in Alaska
Although oil and gas production in Alaska is declining, there are still plenty of resources to find and develop, Mitch Little, Marathon's Alaska production manager, told Petroleum News Oct. 2, 2007. "...

AOGCC reduces potential oil flow from North Slope Burglin well 11/04/2007
Following an Oct. 29 decision by the Alaska Oil and Gas Conservation Commission to further reduce the potential unassisted oil flow from the North Slope Burglin No. 33-1 well, Alaskan Crude Corp. says...

Small independent on board with ACES 10/28/2007
Thompson: ACES train has left station, AVCG wants five things to remain in Palin's bill, four to be changed, favors 22.5% rate
By mid-2008 Alaska Venture Capital Group and its partners will have invested more than $100 million in their oil and gas properties in Alaska, including drilling two exploration wells last winter, one...

Alaska gets $2M in bids 10/28/2007
Bidders at Beaufort, North Slope sales fill in around prospects, only 2 big bidders
An Alaska investor group and a new company dominated the State of Alaska's annual North Slope and Beaufort Sea areawide lease sales. When bids were read in Anchorage Oct. 24 by Acting Director of the...

FEX puts NPR-A drilling on pause 10/21/2007
Independent remains committed, but concerned about land access, high costs, fiscal regime, postpones drilling for two years
FEX L.P.'s decision to put its Alaska drilling program on pause for two years came as a surprise to everyone except those paying attention to the federal government's cancellation of National Petroleu...

ARCTIC ENERGY SUMMIT: High Arctic: industry's last oil and gas frontier 10/14/2007
There's one thing industry hopefully can look to when the Earth's offshore oil and gas resources south of the giant Arctic icecap are exhausted. Many geologists now believe this vast and frigid region...