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Below are articles from this week's edition of Petroleum News. Subscribers must log in above to view the complete articles. Subscribe now for full access.
  • Opening it all - 09/22/2019 (Login to read Full story) The U.S. Interior Department chose option B as a preferred alternative in the final environmental impact statement for the Coastal Plain Oil and Gas Leasing Program it released Sept. 12. Option B will open just the entire 1.57 million-acre ANWR 1002 area to oil and gas leasing, an official with Inte....

  • ConocoPhillips: Time to drill - 09/22/2019 (Full story) In last winter's off-road season, ConocoPhillips conducted its largest exploration season on the North Slope since 2002, drilling eight wells and laying down 54 miles of ice roads for those wells. This coming winter the company plans to drill seven exploration wells and build 74 miles of ice roads f....

  • On a high wire act - 09/22/2019 (Login to read Full story) The Alberta government continues its juggling of production cuts and delays in pipeline expansions, while it endeavors to ease the challenges faced by producers. In the latest move, Energy Minister Sonya Savage said the controversial mandatory curtailments will be extended by an extra year through 2....

  • North Slope: Renaissance or not? Jepsen: Conoco update, perspective - 09/22/2019 (Full story) ConocoPhillips Alaska is moving ahead with a new drill site for Greater Mooses Tooth 2 in the National Petroleum Reserve-Alaska and with plans to produce Nuna from acreage just added to the Conoco-operated Kuparuk River unit. It has the largest mobile land rig in North America under construction by....

  • Furie gets debtor in possession funding; state files bonding notice - 09/22/2019 (Full story) Furie Operating Alaska LLC got some breathing room Sept. 17 as U.S. Bankruptcy Judge Laurie Selber Silverstein ruled to release the company's $15 million post-petition Chapter 11 financing, according to Law360. Selber Silverstein said she continues to have concerns — as do some of Furie's creditors....

  • Nanushuk outcrop facies story of accommodation, sediment interplay - 09/22/2019 (Login to read Full story) “The Nanushuk Torok system is a world class story of the interplay between accommodation and sediment supply,” said Gregory C. Wilson, manager of exploration operations and technology, ConocoPhillips Alaska, in a Sept. 17 presentation to the Alaska Geological Society. The presentation, “A Regional l....

  • Waiting for Arctic plan - 09/22/2019 (Login to read Full story) Election season is in full swing in Canada, heading towards voting day on Oct. 21, when the legacy of four years in power by Prime Minister Justin Trudeau will be put to the test. On the list of issues that will come under scrutiny one that rates high is the failure so far of the Liberal government....

  • Conoco applies for Narwhal water pilot - 09/22/2019 (Login to read Full story) The Alaska Oil and Gas Conservation Commission has tentatively scheduled a public hearing on an application by ConocoPhillips Alaska for a pilot water project at the Narwhal reservoir in the Colville River unit. The hearing is tentatively set for 10 a.m. Oct. 29, but if no request for a hearing is....

  • EPA repeals Obama era WOTUS definition - 09/22/2019 (Login to read Full story) On Sept. 12 the Environmental Protection Agency and the U.S. Army announced a proposed new rule, repealing a definition of the waters of the United States introduced by the Obama administration in 2015. The new rule, which is subject to a 60-day public comment period following publication in the Fed....

  • US rig count down again, by 12, to 886 - 09/22/2019 (Login to read Full story) Baker Hughes reports the number of rigs drilling for oil and natural gas in the U.S. continues to drop, down by 12 the week ending Sept. 13 to 886, following a drop of six the week ending Sept. 6. In its weekly rig count, the Houston oilfield services company said the active rig count was down 169....

  • Strike on Saudi facilities impacts oil - 09/22/2019 (Login to read Full story) A Sept. 14 attack on Saudi Aramco facilities at Abqaiq and Khurais resulted in a production suspension of 5.7 million barrels of crude oil per day, Saudi Aramco said in a statement. Amin H. Nasser, Saudi Aramco president and CEO, said there were no injuries, and on Sept. 17 Nasser said Saudi Aramco'....

  • Money exchanges hands in August on buyout of Armstrong's interest in Pikka - 09/22/2019 (Login to read Full story) The payout of the $450,000 million involved in Oil Search's buyout of the remainder of Armstrong Energy's working interest in Pikka, Horseshoe and nearby leases took place as planned at the end of August, Amy Burnett, Oil Search's manager of U.S. media and communications, told Petroleum News Sept. 1....

  • The Producers magazine preview: Pursuing two fronts at Point Thomson - 09/22/2019 (Login to read Full story) One of the earliest explorers in Alaska and one of the primary working interest owners on the North Slope, ExxonMobil did not embark on the $4 billion Point Thomson development just to produce 10,000 barrels of condensate a day. Production of the technically challenged condensates was the result of....

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  • Interior releases final well control regulations 04/14/2016
  • RCA approves ML&P, Chugach Electric gas field purchase 04/22/2016
  • ExxonMobil starts Point Thomson production 04/22/2016
  • Court rejects appeal against Shell air permits 12/26/2012
  • Furie permitting Kitchen Lights development 12/05/2012
  • Conoco applies for Bear Tooth permit 12/03/2012

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