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  • Pikka +40% complete - 02/25/2024 (Full story) Phase one of the Pikka project on Alaska's North Slope is now more than 40% complete, Santos said Feb. 21 in its full-year results for 2023. This compares to 37.4% complete as of Dec. 31 and 30% complete on Nov. 2. First oil is still expected in the first half of 2026. The drilling program is progre....

  • ANS holds above $80 - 02/25/2024 (Login to read Full story) Alaska North Slope crude maintained its trading range in the lower $80s in the holiday-shortened trading week ending Feb. 21, despite fluctuations as traders weighed risks for supply and demand which loomed over markets. ANS managed a 62-cent gain Feb. 21 to close at $82.43 per barrel, while West Te....

  • TMX will be ready soon - 02/25/2024 (Login to read Full story) Now that the Trans Mountain expansion system is within weeks of startup, attention among Canadian oil producers is fast turning to a new age of production comfort along with what is next on the Canadian pipeline agenda. And regardless of demand for access to pipelines in excess of scheduled space,....

  • DNR posts useful new North Slope unit maps showing context - 02/25/2024 (Login to read Full story) Many of the North Slope unit maps on the Alaska Department of Natural Resources' Division of Oil & Gas website under Maps & GIS have been redone as of February 2024. Much improved, the new maps show the location of each unit rather than just the unit outline and lease numbers without any idea of wha....

  • Chugach Electric community solar energy farm plan approved by RCA - 02/25/2024 (Login to read Full story) The Regulatory Commission of Alaska has approved a plan for Chugach Electric Association to build a community solar energy farm in Anchorage and to operate it as a three-year pilot project. The four-acre, 500-kilowatt farm would have 1,280 solar panels and be located at the utility's Retherford Subs....

  • ConocoPhillips expanding WNS G&I facilities to include Willow - 02/25/2024 (Login to read Full story) The Alaska Department of Environmental Conservation said in a Feb. 14 public notice that it intends to issue a solid waste treatment permit to ConocoPhillips Alaska for the expansion of the company's existing grind and inject facilities operations into the Bear Tooth unit. The department said facili....

  • No large sealifts in Santos' plans - 02/25/2024 (Login to read Full story) Increasing the Alaska North Slope seasonal transport window from one month to 10 months in order to level out their workforce needs for Pikka Phase 1 and future developments, Santos is "not using the very large sealift modules that you've seen in the past. Most of our facilities are being constructe....

  • State OKs Hilcorp's Sterling Highway 2D - 02/25/2024 (Login to read Full story) The Alaska Department of Natural Resources' Division of Oil and Gas has approved a geophysical exploration permit submitted by Hilcorp Alaska for a 2D vibe line miscellaneous land permit along the Sterling Highway between Clam Gulch and Anchor Point. The division said the project includes some 46 mi....

  • Baker Hughes US rig count drops 2 to 621 - 02/25/2024 (Login to read Full story) The Baker Hughes' U.S. rotary drilling rig count was 621 for the week ending Feb. 16, down by two rigs from 623 the previous week, and down by 139 from 760 a year ago. The rig count increased in four of the last eight weeks and decreased in four, with a gain of eight balanced against a loss of seven....

  • No substantial new info for inlet sale - 02/25/2024 (Login to read Full story) The Alaska Department of Natural Resources' Division of Oil and gas has issued a finding of no substantial new information for the upcoming Cook Inlet areawide oil and gas lease sale. In a Feb. 16 decision, the division said it issued a call for significant new information on the Cook Inlet sale Ja....

  • This month in history: Technology key to ANS production increases - 02/25/2024 (Login to read Full story) Editor's note: This story first appeared in the Feb. 8, 2004, issue of Petroleum News. How many barrels was the Kuparuk River field on Alaska's North Slope projected to produce when it started up in the early 1980s? And how many barrels had it produced as of Jan. 17, 2004? The answer, said Joe Leon....

  • Oil patch bits: Airgas Named to Newsweek's America's Greatest Workplaces 2023 and America's Greatest Workplaces for Diversity 2024 Lists - 02/25/2024 (Login to read Full story) As reported by Airgas News Feb. 15, Airgas, an Air Liquide company, has been featured on two of Newsweek's prominent lists: America's Greatest Workplaces for 2023 and America's Greatest Workplaces for Diversity 2024. The America's Greatest Workplaces for Diversity 2024 list, by Newsweek and Plant-A....

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    Note: Unlike Petroleum News, the News Bulletin Service covers Alaska only; delivering important oil and gas news as it breaks.

  • First well to target central reservoir area 10/19/2023
  • Armstrong's Lagniappe moves on South Badami exploration program 03/30/2023
  • DNR commissioner issues proposed decision on Pikka pipeline 09/06/2022
  • ConocoPhillips, ExxonMobil, Chevron interested in Pikka? 05/23/2022
  • Fiord West produces first oil, 10,000 bpd 05/20/2022

    The eAlert News Bulletin Service is our premier information service. Often delivered multiple times per week by email, it provides the latest breaking news for the oil and gas industry.
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