Petroleum News Alaska North Slope oil gas Cook Inlet
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Peace deal or not?
- 12/07/2025 (Login to read Full story)
Alaska North Slope crude shed 80 cents Dec. 2, to close at $63.50 per barrel. WTI shed 68 cents to close at $58.64. Brent shed 72 cents to close at $62.45. Crude trading was choppy on a key day for peace negotiations aimed at the conflict between Russia and Ukraine.
Crude oil futures turned slightly....
ANWR boundary dispute
- 12/07/2025 (Full story)
On Sept. 24 the Alaska District Court found in favor of the U.S. Department of the Interior in a lawsuit in which the State of Alaska had challenged DOI's definition of the western boundary of the Arctic National Wildlife Refuge.
(See map in the online issue PDF)
Subsequently on Nov. 24 the state....
Oil patch insider: OPEC+ to hold quotas; Bloomberg cmt. says higher oil prices by 2030 - 12/07/2025 (Login to read Full story)
According to a Nov. 30 Reuters report picked up by Larry Persily on Dec. 1, OPEC+ countries agreed in a Nov. 30 meeting to maintain group-wide oil output quotas for the start of 2026, as well as agreed on a mechanism to assess members' maximum oil production capacity, OPEC said in a statement.
In a....
AOGCC fines Hilcorp $695,600 for unauthorized Polaris injections - 12/07/2025 (Login to read Full story)
The Alaska Oil and Gas Conservation Commission has imposed a $695,600 civil penalty on Prudhoe Bay operator Hilcorp North Slope for failure to comply with the Polaris Oil Pool Area Injection Order, which requires commission authorization for enriched gas injection at Polaris beyond three wells autho....
Amaroq's 52nd Nicolai Creek unit development plan approved by DOG
- 12/07/2025 (Login to read Full story)
On Nov. 19, G. Scott Pfoff of Amaroq Resources was sent by certified mail conditional approval of the company's proposed 52nd Nicolai Creek unit plan of development, or POD, from the Alaska Department of Natural Resources' Division of Oil and Gas. The conditional approval was signed by division dire.... |
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Revenue forecast: prices up, volume down - 12/07/2025 (Login to read Full story)
Editor's note: This story first appeared in the Dec. 25, 2005, issue of Petroleum News.
Prices being paid for Alaska North Slope crude oil are up, Alaska Revenue Commissioner Bill Corbus said Dec. 15, but ANS production continues a decline that began in 1988.
The department's fall revenue forecast,....
SIDEBAR: $400 million proposed for gas pipeline investment - 12/07/2025 (Login to read Full story)
High oil prices are projected to give the State of Alaska a surplus of $1.2 billion for the current fiscal year, Gov. Frank Murkowski told Commonwealth North Dec. 15. In addition to earmarking about half of that surplus, $565 million, for education and $130 million for other state needs, the governo....
Hilcorp Happy Valley Pad lease ops plan suspended - 12/07/2025 (Login to read Full story)
On Dec. 1 the Alaska Department of Natural Resources' Division of Oi and Gas posted a Notice of Suspension of its Nov. 21 approval of Hilcorp Alaska's Middle Happy Valley Pad and Road lease plan of operations.
The project is approximately 13 miles northeast of Anchor Point and five miles east of th....
Alaska-Mackenzie Rig Report - 12/07/2025 (Login to read Full story)
Alaska-Mackenzie Rig Report - You must be a logged in subscriber to read this report.....
Oil patch bits: EXP prime designer for Pensacola airport terminal expansion - 12/07/2025 (Login to read Full story)
As reported by EXP news Nov. 19, EXP is playing a central role in the design of the $100 million terminal expansion project at Pensacola International Airport. EXP, the prime designer, in association with Luis Vidal + Architects and The Walsh Group, will bring world-class aviation design expertise t.... |
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