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Peninsula power
- 11/09/2025 (Login to read Full story)
During the Alaska Energy Authority's Oct. 30 board meeting, AEA officials talked about the status of the agency's initiatives relating to hydroelectric power generation on the Kenai Peninsula and the transmission of power from the peninsula.
AEA is involved in three projects relating to electricity....
ANS rangebound $60s
- 11/09/2025 (Login to read Full story)
Alaska North Slope crude lost ground Nov. 4 but remained in the upper $60s, dropping 47 cents to close at $66.18 per barrel. West Texas Intermediate dropped 49 cents to close at $60.56, and Brent dropped 45 cents to close at $64.44.
The dollar gained against other currencies as the U.S. Federal Rese....
RRC files further reliability standards
- 11/09/2025 (Login to read Full story)
The Railbelt Reliability Council has filed with the Regulatory Commission of Alaska the next tranche of proposed reliability standards for the Alaska Railbelt high voltage electrical system. The RRC is seeking RCA approval of the standards.
The high voltage system essentially consists of the power g....
Steve Wackowski new president and CEO of AOGA, effective Oct. 31 - 11/09/2025 (Login to read Full story)
Effective Oct. 31, Steve Wackowski is the new president and chief executive officer of the Alaska Oil and Gas Association, or AOGA, a position most recently held by Kara Moriarty who left in May to work on Alaska issues in the U.S. Department of the Interior.
AOGA's Board of Directors announced the....
Alaska's Division of Oil and Gas approves Seaview unit expansion - 11/09/2025 (Full story)
On Oct. 29, Derek Nottingham, director of the Division of Oil and Gas, part of the Alaska Department of Natural Resources, approved Hilcorp Alaska's application to expand the Seaview unit from 2,956 acres to approximately 5,885 acres, an expansion of some 2,929 acres.
The application for the expansi....
EPA approves Fairbanks air quality plan - 11/09/2025 (Login to read Full story)
The Environmental Protection Agency has approved the Alaska Department of Environmental Conservation's revised air quality plan for Fairbanks North Slope Borough, EPA announced on Oct. 29. The new version of the plan has removed a contentious provision requiring home sellers to obtain an energy rati....
Senate rescinds Biden-era lock-up - 11/09/2025 (Login to read Full story)
STEVEN: PLEASE PUT EMAIL CONTACT FOR ME IN NONSCANABLE FORMAT
Contact Kay Cashman at [email protected]
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Sen. Dan Sullivan
Sen. Lisa Murkowski
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"I wish more of my Senate Democratic colleagues recognized that truth and found the courage to stand up to the far-left....
North Fork unit plan of ops amendment approved - 11/09/2025 (Login to read Full story)
On Oct. 23, the Alaska Department of Natural Resources' Division of Oil and Gas approved Hilcorp Alaska's North Fork unit
plan of operations amendment application dated Oct. 3, in accordance with Alaska Statute 38.05 and Alaska oil and gas leasing regulations (11 AAC 83), granting Hilcorp authorizat....
This month in history: Menge says gas pipeline deal complex - 11/09/2025 (Login to read Full story)
Editor's note: This story first appeared in the Nov. 13, 2005, issue of Petroleum News.
Mike Menge took over as commissioner of the Alaska Department of Natural Resources Oct. 27, replacing Tom Irwin who had been dismissed by Gov. Frank Murkowski earlier that day. Menge's first job was to replace th....
Oil patch bits: The Alliance congratulates newly elected board members - 11/09/2025 (Login to read Full story)
The Alaska Support Industry Alliance said Oct. 27 that it congratulates its new board mmembers who were elected at its Annual Meeting on October 23rd. New board members are: Stephanie Merritt, Matson; Renee Huntman, Halliburton; Darci Ahlin-Stieren, Fairweather; Rob Knox, NANAWorley; Greg Miller, Cr....
Producers 2025: North Slope renaissance underway - 11/09/2025 (Login to read Full story)
Alaska is experiencing an upcoming oil production surge driven by the Pikka and Nuna oil projects, with Pikka expected to begin production in early 2026 and Nuna already online.
This will mark the first significant increase in the state's annual crude oil production since 2002, as these new developm.... |
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Producers 2025: AIX faces declining production
- 11/09/2025 (Login to read Full story)
As it begins its second decade in Alaska, AIX Energy LLC continues to be a quiet and reliable presence in the Cook Inlet basin as operator of the Kenai Loop field.
Its 11th plan of development for the onshore field (effective for the period from May 7, 2025, through May 6, 2026) consists of a singl....
Producers 2025: Amaroq gets royalty relief at Nicolai Creek
- 11/09/2025 (Login to read Full story)
Just as this edition of The Producers went to press, the Department of Natural Resources' Division of Oil and Gas granted royalty relief for the Amaroq Resources LLC-operated Nicolai Creek unit, although there is some unfinished paperwork that both the division and Amaroq will have to complete.
With....
Producers 2025: ConocoPhillips growing multiple ways - 11/09/2025 (Login to read Full story)
Where are the areas of growth for ConocoPhillips on the North Slope?
The longest-serving operator in Alaska is finding new oil resources in several ways: through a steady regimen of workover activities, through new horizons at legacy fields, and through the steady westward expansion dating back more....
Producers 2025: Glacier subsidiary CIE posts notable gains
- 11/09/2025 (Login to read Full story)
In the old days, increasing production usually required some increase in drilling. Today, though, technology can sidestep the need for new wells, especially in maturing fields.
Cook Inlet Energy, or CIE, reported double-digit percentage point production increases last year at its West McArthur River....
Producers 2025: HEX CI advances Alaska energy independence
- 11/09/2025 (Login to read Full story)
On July 24, 2025, HEX Cook Inlet's wholly owned subsidiary Furie Operating Alaska brought online two new gas wells in the Kitchen Lights Unit at the successful completion of its 2025 summer drilling program.
The wells are performing as designed at more than 3 million cubic feet of natural gas per d....
Producers 2025: Hilcorp Alaska's new drilling
- 11/09/2025 (Login to read Full story)
Hilcorp Alaska, the major producer in Cook Inlet, is investing in new drilling and natural gas development to cushion the effects of production declines expected in "legacy" producing fields, which are aging.
The latest is Hilcorp's work to expand drilling and development of smaller gas prospects,....
Producers 2025: Hilcorp doing what it does best - 11/09/2025 (Login to read Full story)
Hilcorp Alaska is doing what it does best on the North Slope, investing aggressively and applying new technologies in mature oil and gas fields to boost production.
So far Milne Point is Hilcorp's greatest success on the North Slope, but more is coming.
Production at Milne Point has tripled since Hi....
Producers 2025: Southern Miluveach status unknown - 11/09/2025 (Login to read Full story)
The company's goal in its 11th POD filed Oct.2, 2024, was to bring more wells online and get daily oil production to 4,000 barrels.
The most recent production numbers supplied by the Alaska Oil and Gas Conservation Commission, or AOGCC, for July 2025 showed that goal had not been reached.
The follow....
Producers 2025: Barrow gas field growth possible - 11/09/2025 (Login to read Full story)
The Barrow Gas Transfer Act of 1984 might be the most underappreciated piece of federal legislation in Alaska oil patch history. Although rarely discussed today, the law changed the way one Alaska community accessed natural resources for local benefit.
The Naval Petroleum Reserves Production Act of....
Producers 2025: Santos says first oil draws closer
- 11/09/2025 (Login to read Full story)
On Aug. 27 mid-morning Alaska-time, Santos Ltd. hosted a live webcast providing an overview of its half-year 2025 results. Led by Santos Managing Director and CEO Kevin Gallagher, the webcast revealed the latest news about the company's Pikka Phase 1 development on Alaska's North Slope.
Gallagher sa....
Producers 2025: Cosmo brings hope, frustration in Cook Inlet
- 11/09/2025 (Login to read Full story)
When the New York Times profiled the Cook Inlet gas situation in August 2025, it mentioned a number of possible solutions, including a North Slope gas line, development projects from HEX, liquefied natural gas imports, coal, and renewable energy projects.
Absent was a long-delayed but nearly complet.... |
