West Alpine on hold 01/17/2010
Without corps permit, ConocoPhillips can't start work in 2010-11 winter season
Work on ConocoPhillips Alaska's Alpine West or CD-5 satellite - the first satellite planned for development in the National Petroleum Reserve-Alaska - has been delayed by at least a year. The company...

Parnell budgets Umiat road permitting 12/13/2009
Proposes $8 million line item in FY 2011 budget for permitting an all-season road; claims lack of infrastructure holding up development
Alaska Gov. Sean Parnell is planning to include $8 million in his fiscal year 2011 budget for the Department of Transportation and Public Facilities to permit a road to Umiat. A road to Umiat, a stag...

Remote basin exploration moves forward 12/13/2009
Independent Trio Petroleum plans to drill first well in Selawik basin in late 2010, permitting for both oil and gas
A Bakersfield, Calif., independent is preparing to drill an oil and gas well next year in one of North America's last unexplored basins - northwest Alaska's Selawik basin, in more recent years referre...

Wood Mac: EandP spend to recover in 2011, flat in 2010; Conoco's Alaska budget uncertain 12/06/2009
Wood Mackenzie predicts investment in the world's upstream oil and gas sector will grow modestly in 2011, reaching around $350 billion by 2012, down from a five-year peak of $370 billion in 2008 when...

Conoco won't explore this year in Alaska 11/29/2009
Company focusing on preparing for Chukchi drilling in 2012; development drilling at Kuparuk, Alpine down; focus on maintenance
ConocoPhillips Alaska is changing its exploration focus and looking to the Chukchi Sea, Helene Harding, the company's vice president of North Slope operations and development, said Nov. 18. Harding t...

NPR-A lease sale set for August; both northeast, northwest tracts 11/29/2009
The U.S. Department of the Interior announced Nov. 24 that the Bureau of Land Management will hold a National Petroleum Reserve-Alaska oil and gas lease sale on Aug. 11, 2010. The sale will include tr...

The Explorers 2009: 11/15/2009
Renaissance hopes to benefit from wells drilled by the U.S. Navy more than 60 years ago. The Texas-based independent, which operates in Alaska both as Renaissance Alaska and Renaissance Cook Inlet, is...

The Explorers 2009: FEX – Talisman Energy 11/15/2009
FEX is the Alaska subsidiary of Canadian independent Talisman and is responsible for some of the most remote wildcats recently drilled in Alaska. Talisman arrived on the North Slope in 2003 and began...

The Explorers 2009: Anadarko Petroleum 11/15/2009
While most independents come to Alaska looking for smaller fields passed over by the majors, Anadarko Petroleum arrived in the early 1990s looking for big "anchors." The Texas company formed partnersh...

The Explorers 2009: ConocoPhillips Alaska 11/15/2009
ConocoPhillips, the largest producer in Alaska, dates back to the beginning of the modern Alaska oil industry in the 1950s and plays a role in almost every major trend in the Alaska oil industry. In t...

The Explorers 2009: Northern Alaska and Arctic offshore 11/15/2009
In 1968 the discovery of the giant Prudhoe Bay field, the first field to be discovered on Alaska's North Slope and among the 20 largest oil fields ever discovered worldwide, triggered a northern Alask...

The Explorers 2009: Armstrong affiliate 70 and 148 top bidder at North Slope lease sale 11/15/2009
It was déjà vu all over again as Alaska Division of Oil and Gas Director Kevin Banks read 93 bids for 80 tracts in the state's 2009 areawide North Slope oil and gas lease sale in Anchorage Oct. 28. A...

Renewable energy investments recommended 11/08/2009
Draft report from Senate Resources, Energy committees also recommended 'staying the course' on AGIA state-supported gas project
The draft of a report on the state's energy situation, released Oct. 19 by members of the Alaska Senate energy policy group, provides a wide-ranging look at proposals from energy-efficient buildings t...

Oil Patch Insider: More ACES trivia: Conoco's state tax jumps from $537 million in 2005 to $3.4 billion in 2008 11/01/2009
Petroleum News recently reported that Alaska oil and gas production makes up about 12 percent of ConocoPhillips' worldwide output, but yielded more than 55 percent of the company's EandP profit in the s...

70 and 148 top bidder 11/01/2009
Armstrong affiliate puts down $7.8 million for 68 North Slope sale tracts
It was déjà vu all over again as Alaska Division of Oil and Gas Director Kevin Banks read 93 bids for 80 tracts in the state's 2009 areawide North Slope oil and gas lease sale in Anchorage Oct. 28. A...

Renaissance transferring inlet leases 10/11/2009
Renaissance Alaska LLC is in the process of transferring its onshore and offshore Cook Inlet basin leases to a new company, Stellar Oil and Gas LLC, owned by Renaissance executives Mark Landt, James Wat...

Stevens: State needs 'incentive climate' 10/11/2009
Alaska must unite to tout its natural resource potential to world industry and Washington, ex-senator tells Alliance crowd
Citing the spirit and drive of statehood proponents 50 years ago, former U.S. Sen. Ted Stevens said Alaskans today must unite in a bipartisan effort to "encourage global industry to invest in our stat...

Fate of Petro-Can Alaska acreage unknown; Suncor divesting some natural gas 09/20/2009
Suncor Energy is planning to divest a chunk of its natural gas assets by the end of 2010, news that might not bode well for Alaska. "We will go through a significant downsizing of those assets," John...

Ready at Umiat 09/13/2009
Renaissance says field development will depend on sustained oil prices
The Umiat oil field, adjacent to the Colville River on the eastern side of the National Petroleum Reserve-Alaska, has remained a tantalizing puzzle since the U.S. Navy discovered oil there in 1946 and...

Conoco bags Bear Tooth 09/06/2009
Firm keeps some expiring NPR-A leases; one new unit, one expansion
Faced with a looming expiration date on dozens of federal leases, ConocoPhillips worked out a deal with the Bureau of Land Management to form a new exploration unit called Bear Tooth and expand an exi...

Seventy-nine NPR-A Conoco leases set to expire Aug. 31 08/23/2009
Seventy-nine leases operated by ConocoPhillips in the northeast sale area of the National Petroleum Reserve-Alaska are set to expire on Aug. 31. Neither the U.S. Bureau of Land Management, nor ConocoP...

Risk to reward 08/09/2009
Exploration takes breather, but project development has North Slope buzzing
If you've been to Alaska's North Slope in the last few months you know that beds and trucks are in short supply and Deadhorse, the center of oilfield activity, looks like a boom town. "There are more...

Colville production expands westward into NPR-A 07/26/2009
Production from Alaska's North Slope continues to move west, with ConocoPhillips Alaska applying to expand the Colville River unit on the western edge of existing production to the west and southwest,...

State intervenes in case 07/26/2009
AG: Appeal against Chukchi Sea lease sale could have major impact in Alaska
A judge in the U.S. District Court for the District of Alaska has allowed the State of Alaska to intervene in an appeal by the Native village of Point Hope, the Inupiat Community of the Arctic Slope a...

Did FERC underestimate life span? 06/07/2009
Shippers, state seek rehearing of federal regulator's conclusion that the trans-Alaska oil pipeline's usefulness will end in 2034
Shippers on the trans-Alaska oil pipeline and the State of Alaska have asked the Federal Energy Regulatory Commission to reconsider recent rulings in which it concluded that the useful life of the 800...