NEWS BULLETIN

October 29, 2014 --- Vol. 20, No. 55October 2014

BLM issues final SEIS for Greater Mooses Tooth

The federal Bureau of Land Management said this morning that it has released the final supplemental environmental impact statement for the proposed Greater Mooses Tooth oil and gas development in the National Petroleum Reserve-Alaska.

BLM said the final SEIS identifies Alternative B as BLM's preferred alternative; ConocoPhillips Alaska, the Greater Mooses Tooth operator, preferred Alternative A. BLM said Alternative B "focuses on keeping the proposed road and pipeline outside of the BLM-established Fish Creek buffer, and has two fewer stream crossings than Alternative A."

BLM said it will make no decision until at least 30 days after the final SEIS is formally published in the Federal Register Nov. 7; it would then issue one or more records of decision, adopting new mitigation measures and issue and deny a right-of-way grant and related authorizations.

Alternative B provides for up to 33 development and injection wells on a single pad and a gravel road approximately 8.5 miles long.

"The Final SEIS concludes that both Alternatives A and B substantially reduce the potential impacts of aircraft overflights relative to other alternatives, which is particularly important to local communities and subsistence users," BLM said in a press release announcing the FSEIS.

- KRISTEN NELSON

See story in Nov. 2 issue, available online Friday, Oct. 31, at www.PetroleumNews.com

AIDEA completes Mustang project deal

The Alaska Industrial Development and Export Authority said today that it has completed deal structuring with CES Oil Services to jointly finance and own oil and gas production and processing facilities at the Mustang field on Alaska's North Slope.

AIDEA and CES will own the facility; Brooks Range Petroleum Corp. will build and operate the facility. AIDEA will invest up to $50 million.

AIDEA previously invested $20 million for the construction of the Mustang road and pad.

- KRISTEN NELSON

See story in Nov. 9 issue of Petroleum News, available online Friday, Nov. 7, at www.PetroleumNews.com


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