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Complete PDF Edition Week of December 21, 2025 ANS on the brink - 12/21/2025  Alaska North Slope crude -- on the worst day of a four-day rout -- fluttered a mere seven cents above the precipice of the $50s Dec. 16, after plunging $1.50 to close at $60.07. West Texas Intermediate plunged $1.55 to close at $55.27, and Brent did enter the $50s, plunging $1.45 to close at $58.92..... FERC accepts Nikiski LNG timing - 12/21/2025  Federal Energy Regulatory Commission has approved a request from Trans-Foreland Pipeline Company to delay the required completion date for the conversion of the liquefied natural gas export facility at Nikiski on the Kenai Peninsula to an LNG import facility. The required completion date for the ter.... Conditional appr. for Kitchen Lights - 12/21/2025  Alaska's Division of Oil and Gas has approved Furie Operating Alaska's 12th plan of development for the Kitchen Lights Unit, offshore in the Cook Inlet. However, the approval is conditional on Furie committing to drill two new development wells in the unit from the Allegra Leigh offshore platform du.... Oil patch insider: New North Slope units map issued, COP ANS layoffs show industry trends - 12/21/2025  On Dec. 12, the Alaska Department of Natural Resources' Division of Oil and Gas released on its website the latest North Slope oil and gas units map, dated Decem-ber 2025. The information displayed in the map is for graphic illustration only. Discrepancies in boundaries, pipeline alignment, or infra.... Cook Inlet gas update: Whiskey Gulch, Kitchen Lights, North Fork - 12/21/2025  The latest Cook Inlet natural gas production volumes available from the Alaska Oil and Gas Conservation Commission, for October, show that Hilcorp Alaska has brought its southern Kenai Peninsula Whiskey Gulch field online, Furie continues to grow Kitchen Lights gas volumes following drilling this su.... Governor to introduce fiscal plan, releases proposed 2027 budget - 12/21/2025  In January, Alaska Governor Mike Dunleavy will introduce a fiscal plan that he hopes the Alaska State Legislature will act on. "Raising taxes on the people and businesses that are already here is anti-growth," he noted in a Dec. 11 press release. "Instead, my fiscal plan will focus on predictable re....

AOGCC approves allowable gas offtake - 12/21/2025  In an Oct. 8 application, operator ConocoPhillips Alaska asked for approval from the Alaska Oil and Gas Conservation Commission to amend the allowable gas offtake rate for the Colville River unit to provide gas to the Lookout and Rendezvous oil pools at the Greater Mooses Tooth unit. The company sai.... Enviros challenge legality of ConocoPhillips NPR-A exploration - 12/21/2025  On Dec. 11 three environmental organizations filed a complaint in the federal District Court in Alaska, claiming that the Bureau of Land Management's recent approval of ConocoPhillips' new plan for exploration in the National Petroleum Reserve-Alaska was illegal. The organizations claim that potenti.... AOGCC fines Hilcorp work at Milne well - 12/21/2025  The Alaska Oil and Gas Conservation Commission said in a Dec. 11 order that it is fining Hilcorp Alaska $95,000 for making changes in AOGCC approved plans for work on the Milne Point Unit K-33.... This month in history: Oooguruk almost a go - 12/21/2025  Editor's note: This story first appeared in the Dec. 25, 2005, issue of Petroleum News On Dec. 17 Mike Menge, commissioner of the Alaska Department of Natural Resources, announced DNR had decided that royalty relief for the proposed North Slope Oooguruk oil development was in the best interest of th.... Sidebar: Pioneer likely moving forward on gravel island - 12/21/2025  SIDEBAR HEAD Pioneer likely moving forward on gravel island In addition to getting preliminary approval for royalty reduction on its Oooguruk project from the State of Alaska, Pioneer Natural Resources says its proposed North Slope oil development is moving forward on other fronts as well, which co.... Oil patch bits: Lynden transports seawater plant from Indonesia to the North Slope - 12/21/2025  As reported by Lynden News Dec. 12, "Transporting a seawater treatment plant for Santos from Indonesia to Prudhoe Bay resulted in the second largest customs entry ever prepared and submitted by Lynden," says Matt Bykowski, Lynden Logistics director of compliance. Fabricated in Southeast Asia and flo....