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Week of November 10, 2019

  • Mustang online! - 11/10/2019  In response to a query from Petroleum News, Majid Jourabchi of Houston-based Thyssen Petroleum confirmed Nov. 6 that the North Slope Mustang oil field is online, utilizing an early production facility, or EPF. Mustang is operated by Brooks Range Petroleum Corp., or BRPC, run by Bart Armfield, who ha....

  • Furie stay modified - 11/10/2019  The automatic stay in the Chapter 11 bankruptcy case of Furie Operating Alaska and related companies has been modified to allow the state of Alaska to pursue the collection of overpayment of calendar year 2014 tax credit reimbursements in the amount of $2,370,772, which the Department of Revenue ide....

  • More AOGCC hearings - 11/10/2019  The Alaska Oil and Gas Conservation Commission began scheduling hearings on reconsideration requests for its increased bonding requirements in October, setting hearing dates for three companies, Alaskan Crude, Amaroq Resources and Malamute Energy (see story in Nov. 3 issue of Petroleum News). The c....

  • BLM aims to get it right; carefully prepares for ANWR 1002 lease sale - 11/10/2019  The oil and gas lease sale planned by the U.S. Department of the Interior for the petroleum rich ANWR 1002 area will likely be held next year versus by the end of December. “We are still working through the process and want to get this right,” Derrick Henry, public affairs specialist at Interior's B....

  • Anchorage Assembly approves revised Chugach-ML&P deal - 11/10/2019  On Oct. 30 the Anchorage Assembly approved changes to the terms of the proposed acquisition of Municipal Light & Power by Chugach Electric Association. The Municipality of Anchorage owns ML&P. As reported in the Nov. 3 issue of Petroleum News the parties to a Regulatory Commission of Alaska hearing....

  • BLM NPR-A sale date Dec. 11 - 11/10/2019  The federal Bureau of Land Management's Alaska State Office will hold its 2019 National Petroleum Reserve-Alaska oil and gas lease sale Dec. 11 at 10 a.m. Sealed bids for the 350-tract sale are due by 4 p.m. Dec. 9. BLM said in a Nov. 5 Federal Register notice that the 350 tracts in the sale contai....

  • RDC conference has presentations of interest to Alaska O&G industry - 11/10/2019  The 40th annual Resource Development Council conference is scheduled for Nov. 20 and 21 at the Dena'ina Center in Anchorage. The conference registration desk and exhibits open at 7 a.m. on Wednesday, the 20th, with an eye-opening breakfast, followed by opening remarks at 8 a.m. by fisheries, forestr....

  • AOGCC fines BP $20,000 over NGL meters - 11/10/2019  The Alaska Oil and Gas Conservation Commission has fined BP Exploration (Alaska) Inc. $20,000 for violating an August 2018 conditional approval of natural gas liquids custody transfer measurement equipment. In an Oct. 30 order the commission said it issued a notice of proposed enforcement action to....

  • Commission hears pool rules presentation - 11/10/2019  In early June the Alaska Oil and Gas Conservation Commission said that in response to requests from BlueCrest Alaska Operating LLC for spacing exceptions at the Hansen H10 well and its fishbone lateral branches, a request which would result in 63 spacing exceptions, the commission was scheduling a p....


  • US rig count continues to fall, down by 8 - 11/10/2019  Baker Hughes reports the number of rigs drilling for oil and natural gas in the U.S. continued to fall the week ending Nov. 1, down by eight to 822, following a steep drop of 21 rigs the previous week. In its weekly rig count the Houston oilfield services company said the active rig count was down....

  • Alberta natural gas market rallies - 11/10/2019  From a desperate plight, Alberta’s natural gas prices have made a sudden rebound since mid-September, skyrocketing by 420% in response to declining inventories and a bullish supply/demand balance entering the winter heating season. The industry mood has been further bolstered by reports of interest....

  • Qugruk 7 well data set for release - 11/10/2019  The Alaska Department of Natural Resources Division of Oil and Gas issued a public notice Nov. 1 announcing the future release of exploration data and information within 30 days for Repsol E&P USA Inc.’s Qugruk 7 exploration well. The well was spud in February 2014 and plugged and abandoned in Apri....

  • PWSRCAC questions oil spill regs review - 11/10/2019  The Prince William Sound Regional Citizens’ Advisory Council has expressed concern about a notice of a 90-day public scoping period, announced on Oct. 15 by the Alaska Department of Environmental Conservation. DEC wants to gather ideas for potential changes to Alaska oil spill response regulations a....

  • AOGCC proposes repeal of outdated regs - 11/10/2019  The Alaska Oil and Gas Conservation Commission has published a notice of repeal of regulations which it describes as “outdated, unnecessary or duplicative.” A more detailed description is available on the agency’s website: www.commerce.alaska.gov/web/aogcc/Home.aspx. The notice is dated Nov. 1. A he....

  • Phillips, Marathon begin shipping LNG in 1969 - 11/10/2019  In November 1969, Phillips Petroleum, predecessor to ConocoPhillips, and its partner Marathon Petroleum commenced liquefied natural gas shipments to Japan. The Kenai LNG terminal in Nikiski, which began producing LNG in June of that year, was the only LNG export facility in the United States, and th....

  • Alberta shuffles deck - 11/10/2019  The five-month tap-dance by the new Alberta government to rearrange its petroleum industry holdings is gathering pace as the administration of Premier Jason Kenney scales back diversification programs to attract petrochemical projects and draws closer to off-loading a crude-by-rail, CBR, investment.....

  • Oil patch bits: Fluor awarded engineering services agreement - 11/10/2019  Fluor Corp. said Oct. 31 that its consortium with the Branch of KMG Engineering LLP KazNIPImunaigas was awarded a three-year engineering services agreement, plus two potential one-year extensions, by Karachaganak Petroleum Operating B.V. for projects at its Karachaganak Field in Kazakhstan. Fluor bo....































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