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Valdez attorneys respond
- 10/13/2019 (Full story)
The Federal Energy Regulatory Commission has received numerous comments on the draft environmental impact statement for the Alaska LNG project, including requests for a supplemental DEIS from the Matanuska-Susitna Borough (see story in Oct. 6 issue of Petroleum News) and the City of Valdez, both rel....
Securing Nicolai Creek
- 10/13/2019 (Login to read Full story)
If approved by the state, the 46th annual plan of development for the Nicolai Creek unit that Amaroq Resources LLC filed with the Alaska Department of Natural Resources' Division of Oil and Gas on Oct. 1 will be in effect from Jan. 1 through Dec. 31, 2020. In the proposed plan of development, or POD....
Canada faces showdown
- 10/13/2019 (Login to read Full story)
So deep and entrenched is the anger in Alberta and Saskatchewan with Prime Minister Justin Trudeau's energy policies that Canada's two largest oil and gas producing provinces could turn themselves into a political wasteland if the governing Liberal Party is reelected on Oct. 21.
Entering the electi....
Hilcorp gets OK for gas chiller project to boost Northstar output - 10/13/2019 (Full story)
On Sept. 30 the Alaska Department of Natural Resources' Division of Oil and Gas approved Hilcorp Alaska's feed gas chiller project for Northstar Island, which will allow the company to increase natural gas liquid recovery during the summer months by holding the NGL separator at its optimum process t....
UAF researchers say ANWR snow conditions would pose challenges - 10/13/2019 (Full story)
A research team from the University of Alaska Fairbanks Geophysical Institute has published a report on the results of research into snow conditions on the coastal plain of the Arctic National Wildlife Refuge. The team's findings point to significant differences between the snow conditions in ANWR a....
DOR looks to simplify regs, reducing taxpayer, state burden - 10/13/2019 (Login to read Full story)
The Alaska Department of Revenue has proposed changes to existing regulations governing the administration of the oil and gas production tax and oil surcharge regarding depreciation, and the weighted average cost of capital for transportation of oil by a vessel and for liquefied natural gas transpor....
IGU enters final construction phase - 10/13/2019 (Login to read Full story)
The Interior Gas Utility said Oct. 8 that the balance of plant work is “currently being completed on the large storage tank” in North Pole as it enters its final phase of construction.
The tank will be complete and will begin receiving liquid natural gas deliveries by the end of November, the utilit.... |
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EIA: Brent to average $59 in 4th quarter
- 10/13/2019 (Login to read Full story)
The Brent crude oil spot price averaged $63 per barrel in September, up $4 from August, the U.S. Energy Information Administration said Oct. 8 in its October Short-Term Energy Outlook. This September's average was down $16 from September 2018.
EIA said Brent prices began September at $61 per barrel....
GAO testifies on BLM energy oversight
- 10/13/2019 (Login to read Full story)
In recent testimony to the U.S. House Committee on Natural Resources, the Government Accountability Office overviewed some concerns about issues relating to Bureau of Land Management oversight of energy leasing on federal land. In Alaska, BLM manages oil and gas exploration and development in the Na....
XCD completes Peregrine ground survey, ERCE to do independent resource report - 10/13/2019 (Login to read Full story)
XCD Energy said Oct. 9 that it has finished its summer archaeological ground survey for its Peregrine project, which is on 149,590 acres in the National Petroleum Reserve-Alaska.
XCD describes itself an oil exploration company focused on early stage exploration assets.
The ground survey is an “impor....
US rig count continues down, dropping 5
- 10/13/2019 (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 five the week ending Oct. 4 to 855, following a drop of eight the week ending Sept. 27.
In its weekly rig count, the Houston oilfield services company said the active rig count was down 1....
Oil patch bits: Denali Universal Services receives safety award - 10/13/2019 (Login to read Full story)
Denali Universal Services said Oct. 1 that it is honored to announce that its security division at the Chevron Phillips Chemical sites in Texas has been awarded the Contractor Safety Excellence Award, a safety award for outstanding safety accomplishments.
The award is presented annually to contracto....
Oil patch bits: Lynden Air Cargo completes Hercules fleet modification - 10/13/2019 (Login to read Full story)
Lynden Air Cargo said Oct. 4 that it has completed another Hercules modification this summer, installing a “Short-POD APU” to enhance the reliability and performance of its aircraft. According to Lynden Air Cargo President Rick Zerkel, the size of the project required Federal Aviation Administration.... |
