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Offshore opening
- 11/30/2025 (Full story)
On Nov. 20, the U.S. Department of the Interior announced a Secretary's Order titled "Unleashing American Offshore Energy," directing the Bureau of Ocean Energy Management, or BOEM, to take the necessary lawful steps to terminate the restrictive Biden 2024--2029 National Outer Continental Shelf Oil....
Crude surplus looms - 11/30/2025 (Login to read Full story)
Alaska North Slope crude gained 84 cents on Nov. 24 to close at $63.89 per barrel, while West Texas Intermediate gained 78 cents to close at $58.84, and Brent gained 81 cents to close at $63.37.
The day's gains broke a 3-day losing streak prompted largely by reopened negotiations announced Nov. 19 f....
New Happy Valley pad
- 11/30/2025 (Login to read Full story)
On Nov. 21, the Alaska Department of Natural Resources; Division of Oil and Gas approved Hilcorp Alaska's Happy Valley Middle Pad and Road Natural Gas Exploration Project lease plan of operations.
Hilcorp submitted the proposed plan of operations to the division on Sept. 3.
The project is approximat....
EPA & USACE propose revised rule for waters of the United States - 11/30/2025 (Login to read Full story)
On Nov. 11 the Environmental Protection Agency and the US Department of the Army, Corps of Engineers, published a proposed new version of the rule that defines the waters of the United States, or WOTUS. The agency said that the new version, which has been published in the Federal Register for review....
EIA forecasts a 13% increase in Alaska oil production next year - 11/30/2025 (Login to read Full story)
In a Nov. 21 announcement the U.S. Energy Information Administration forecast that after decades of decline Alaska oil production will increase by 13% in 2026. The agency said it anticipates Alaska production to reach 477,000 barrels per day in 2026, the highest level of production since 2018.
The a.... |
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Cook Inlet tidal energy project paused because of funding issue
- 11/30/2025 (Login to read Full story)
Ocean Renewable Power Company has notified the Federal Energy Regulatory Commission that the East Foreland Tidal Energy Project, a project to test the use of the strong Cook Inlet tidal currents for generating electricity for Southcentral Alaska, is currently being paused because of a break in feder....
THE EXPLORERS 2005 ConocoPhillips Alaska: The march west - 11/30/2025 (Login to read Full story)
Editor's note: This story first appeared the 2005 Explorers, an annual publication of Petroleum News.
ConocoPhillips Alaska is the largest oil and gas producer in Alaska, and the state's most active explorer, drilling 51 exploration wells between 1999 and 2005, and acquiring some 3,900 square miles....
RTO sends RCA plan for Railbelt transmission tariff - 11/30/2025 (Login to read Full story)
In response to an order issued by the Regulatory Commission of Alaska, the Railbelt Transmission Organization has made a filing with the RCA, with a provisional plan to implement a new tariff for the use of the Alaska Railbelt transmission system.
In 2024 the state Legislature mandated the formation....
88 Energy releases Project Phoenix update - 11/30/2025 (Login to read Full story)
On Nov. 26, 88 Energy Limited posted an ASX announcement providing a Project Phoenix update.
88 Energy holds a ~75% working interest in the conventional oil and gas project on Alaska's North Slope.
Project Phoenix is subject to a Farmout Participation Agreement, entered into with Burgundy Xploratio....
Oil patch bits: Brilliant promotes Rob German to creative director - 11/30/2025 (Login to read Full story)
Brilliant Media Strategies said Nov. 20 that it is pleased to announce the promotion of Rob German to the role of creative director. German, who has served as art director since joining the agency in 2018, will now lead the strategic and artistic vision for all client creative services.
In his new r.... |
