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Vol. 14, No. 26 Week of June 28, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry

State reaches $15.7M royalty oil settlement with Williams

Kristen Nelson

Petroleum News

Alaska has reached a $15.7 million settlement with Williams Alaska Petroleum Inc. over payments for royalty oil purchased by Williams. “We are required by the constitution and by statute to sell royalty in-kind oil for no less than the value we receive for royalty in-value,” Alaska Department of Na....

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Price followed Prudhoe payments

Refinery sold in 2004


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