|
ANS War premium falls
- 06/29/2025 (Login to read Full story)
Alaska North Slope crude plummeted June 23 on news of a peace agreement between Israel and Iran in the wake of a decisive U.S. strike on Iran's massive underground nuclear weapons facility. ANS closed at $72.99 per barrel -- down $6.77 on the day, as West Texas Intermediate plummeted $6.42 to close....
Cade, Donkel get leases
- 06/29/2025 (Login to read Full story)
The Houston-Willow exploration license issued to investors Samuel Cade and Daniel Donkel on Dec. 1, 2018, was converted to six oil and gas leases in January because the partners met their $500,000 work commitment for the license.
The six 10-year leases were issued by the Alaska Department of Natural....
Milne S Pad expansion
- 06/29/2025 (Login to read Full story)
Hilcorp Alaska filed an application June 5 with the Alaska Department of Natural Resources' Division of Oil and Gas for a unit plan of operations amendment to expand the Milne Point S Pad by 3.62 acres allowing for the drilling of up to 22 new wells.
The division said in a June 18 public notice tha....
North Slope LNG plant expected to start operations in September - 06/29/2025 (Full story)
During a June 3 board meeting of Fairbanks based Interior Gas Utility, Clay Beethe from Hilcorp Alaska told the board that the LNG plant that Hilcorp affiliate Harvest Alaska LLC is constructing on the North Slope is now anticipated to begin commercial operations at the beginning of September. The p....
NPR-A environmental assessment largely reverts to previous plan - 06/29/2025 (Login to read Full story)
The new environmental assessment for the National Petroleum Reserve in Alaska integrated activity plan, released June 17, is a step toward a new record of decision for the National Petroleum Reserve-Alaska, returning the area available for leasing to an area similar to what it was in 2020, as oppose....
Greater Point Thomson unit gets conditional approval, large bond - 06/29/2025 (Login to read Full story)
Effective June 25, Alaska's Division of Oil and Gas conditionally approved formation of the Greater Point Thomson unit (GPTU) on and offshore the eastern North Slope adjacent to the Hilcorp-operated Point Thomson unit.
On the east it borders the Arctic National Wildlife Refuge. Working interest own.... |
|
Baker Hughes US rig count down 1 to 554 - 06/29/2025 (Login to read Full story)
Baker Hughes' U.S. rotary drilling rig count was 554 on June 20, down by one from the previous week -- the eighth consecutive week of drops. The count was down by 34 from 588 a year ago, down by five from two weeks ago and down 33 over the eight weeks. This is the lowest the rig count has been since....
Adak green ammonia production planned - 06/29/2025 (Login to read Full story)
According to a report in Alaska Business, green energy company Pacific H2 is partnering with Native regional corporation Aleut Corp. to establish a green ammonia production facility using wind farm generated electricity on Adak Island in the Aleutians. The concept is to ship liquefied ammonia, manuf....
This month in history: Slope's first pentalateral in production - 06/29/2025 (Login to read Full story)
Editor's note: This story first appeared in the June 5, 2005, issue of Petroleum News.
BP Exploration (Alaska) is pushing the technology envelope at its Prudhoe Bay viscous oil satellites, drilling multiple horizontal lateral legs from single well bores to access as much reservoir sand as possible i....
Expansion of F Pad partial pad separation - 06/29/2025 (Login to read Full story)
The Alaska Department of Natural Resources' Division of Oil and Gas has granted an application from Milne Point unit operator Hilcorp Alaska to expand partial on pad separation at F Pad.
The division said June 20 that Hilcorp applied to install a module with water and deoiler pump and motor at F Pa....
Oil patch bits: TOTE Group expands leadership team, announces new president - 06/29/2025 (Login to read Full story)
TOTE Group, a recognized leader in transportation and logistics overseeing some of the most trusted companies in the U.S., announced June 20 the expansion of its leadership team to support the organization's long-term vision, strategic alignment, and to enhance customer value. Alex Hofeling, current....
Oil patch bits: Airgas announces annual BBQ and grand opening - 06/29/2025 (Login to read Full story)
Airgas, an Air Liquide company, said June 20 that it will be hosting its annual customer appreciation day BBQ at its Anchorage location on Aug. 12 from 10 a.m. to 3 p.m. The event will take place at 6415 Arctic Blvd., Anchorage, AK 99518.
Attendees can speak with Airgas Safety & Webmethod specialis.... |
