Eni wins Nikaitchuq royalty reduction 12/09/2007
Second time's a charm: earlier Kerr-McGee request denied; this time around 11 leases get 5 percent rate, based on price of oil
Eni has succeeded where Kerr-McGee failed and has won royalty reduction for leases in the Nikaitchuq unit off Alaska's North Slope. When Kerr-McGee Oil and Gas Corp. applied for royalty reduction at...

ANS crude stays close to 700,000 bpd 12/09/2007
Alaska North Slope crude oil production was relatively flat in November, staying above the 700,000 barrel-per-day level most of the month and averaging 727,517 bpd for the month, 0.9 percent above the...

THE EXPLORERS 2007: BP 'exploring' in known fields 11/18/2007
Company uses technology to access vertical 'string of pearls' that lie above developed North Slope fields
BP Exploration (Alaska), no longer active in traditional exploration in Alaska, is focused on exploring for - and recovering - resources through technology. BP is the operator at Prudhoe Bay, the lar...

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...

Alaska oil forecast shaky 11/18/2007
Production interruptions, infrastructure renewal, slowed heavy oil pace the cause
The fall production forecast for Alaska's North Slope is down from the spring forecast - down for the next eight years. Projected volumes have dropped as much as 130,000 barrels per day for fiscal yea...

North Slope output averages 721,000 bpd 11/11/2007
Alaska North Slope production averaged 721,000 barrels per day in October, up 11 percent from 649,117 bpd in September. September production was pulled down by Prudhoe Bay, which dropped 16.7 percent...

BP 'exploring' in known ANS fields 11/04/2007
Company uses technology to access vertical 'string of pearls' above lighter oil; heavy oil, especially Ugnu, remain challenged
BP Exploration (Alaska), no longer active in traditional exploration in Alaska, is focused on exploring for - and recovering - resources at Prudhoe Bay through technology. BP is a successful explorer...

ACES' hearings in Juneau intense 10/28/2007
Legislators question past, current consultants, administration, industry: tax rate, proposed floor, exempt auditors, ethics aired
A special session of the Alaska Legislature gaveled in Oct. 18 to consider Gov. Sarah Palin's proposal to change the petroleum profits tax lawmakers enacted in August 2006 under the previous administr...

Nikaitchuq OK'd 10/21/2007
Expansion approved; Eni applies for royalty reduction, needs project sanction
Eni US Operating Co. has received state approval for expansion of its Nikaitchuq unit and has applied for royalty modification for a dozen leases in the expanded unit. The Alaska Department of Natura...

30 STRONG: Engineering ingenuity pays off 10/14/2007
EOR techniques developed over three decades succeed beyond developers' wildest dreams
Getting more oil out of the ground is a technical challenge that teams of engineers tackled from Day 1 on the North Slope. More than 30 years later, the brainstorming that produced and perfected a se...

ANS production down 1% in September 10/07/2007
Led by a 16.7 percent production drop at greater Prudhoe Bay, the BP Exploration (Alaska)-operated Prudhoe Bay and Lisburne fields, total Alaska North Slope crude production dropped 1.4 percent in Sep...

August ANS down 9% on field maintenance 09/09/2007
North Slope production averages 658,022 bpd for month; both Milne Point, Alpine down temporarily for planned maintenance
Alaska North Slope crude oil production averaged 658,022 barrels per day in August, down 9.2 percent from a July average of 724,564 bpd, driven by planned maintenance at the Milne Point and Alpine fie...