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Below are articles from this week's edition of Petroleum News. Subscribers must log in above to view the complete articles. Subscribe now for full access.
  • ANS on comeback - 10/02/2022 (Full story) Alaska North Slope crude staged a meaningful closing price gain Sept. 28, up $3.35 to $89.44 per barrel. West Texas Intermediate surged $3.65 to close at $82.15 and Brent scored $3.05 to close at $89.32. Prices were boosted by a strong drawdown on U.S. inventories of gasoline and crude. (See chart....

  • Railbelt ERO approved - 10/02/2022 (Login to read Full story) In a major milestone for the electricity system across the Alaska Railbelt, on Sept. 23 the Regulatory Commission of Alaska granted a certificate to the Railbelt Reliability Council to operate as the electric reliability organization for the Railbelt system. The system extends from the southern Kena....

  • Pikka first oil mid-26 - 10/02/2022 (Login to read Full story) This is part 2 of the information that was discussed in the Sept. 16 public hearing held by the Regulatory Commission of Alaska in regard to Oil Search (USA)'s application for a certificate of public convenience and necessity to construct and operate a common carrier pipeline � the Pikka Sales Oil P....

  • Oil patch insider: Alliance promotes company jobs, Harcharek leads Arctic I�upiat org - 10/02/2022 (Full story) On Sept. 21, Rebecca Logan, CEO of the Alaska Support Industry Alliance, announced a new benefit for Alliance members. �As an Alliance member, we'll promote your company's job openings on our website and social media channels,� she wrote in an email �Expose your company's career opportunities to our....

  • Feds set Dec. 30 Cook Inlet sale; state looking at winter 2022 sale - 10/02/2022 (Login to read Full story) There are likely to be two Cook Inlet oil and gas lease sales before the end of the year � the federal outer continental shelf sale mandated in the Inflation Reduction Act of 2022 and a second 2022 state Cook Inlet sale. The U.S. Department of the Interior said it is required to hold Lease Sale 258....

  • NSIDC: Arctic sea ice extent has reached annual minimum for year - 10/02/2022 (Login to read Full story) The National Snow and Ice Data Center has reported that the extent of the Arctic sea ice likely reached its minimum for this year on Sept. 18. At 1.8 million square miles this year's minimum ties with the minimums of 2017 and 2018 as the 10th lowest on record since satellite records began nearly 44....

  • PODs approved, contraction dates extended - 10/02/2022 (Login to read Full story) In August the Alaska Department of Natural Resources' Division of Oil and Gas approved plans of development for Eni's two North Slope units, Nikaitchuq and Oooguruk, and in late September the division approved requested delays for contraction for the units. The PODs, for Oct. 1 through Sept. 31, 20....

  • Alaska-Mackenzie Rig Report - 10/02/2022 (Login to read Full story) Alaska-Mackenzie Rig Report - You must be a logged in subscriber to read this report. ....


  • Voluntary NPR-A IAP litigation dismissal - 10/02/2022 (Login to read Full story) On Sept. 22 U.S. District Court Judge Sharon Gleason accepted a joint motion from plaintiffs and defendants for dismissal of a suit filed in August 2020 challenging the U.S. Department of the Interior's 2020 Integrated Activity Plan and Final Environmental Impact Statement for the National Petroleum....

  • Six wells added to 2022 Prudhoe Bay POD - 10/02/2022 (Login to read Full story) Six wells have been added to the 2022 Prudhoe Bay plan of development. The Alaska Department of Natural Resources' Division of Oil and Gas has approved an amendment to the 2022 POD by Prudhoe operator Hilcorp North Slope for six new development wells on M pad. The Sept. 14 approval said Hilcorp app....

  • This Month in History: Wanted: Level playing field - 10/02/2022 (Login to read Full story) Marathon Oil Co. has drilled 23 gas wells onshore Cook Inlet since 1998, including seven this year, and will spend almost $36 million in Cook Inlet this year � up from $11 million in 1998. Marathon wants to continue exploring for natural gas on the Kenai, where the company is involved in seven acti....

  • Chugach AK names Josie Hickel president - 10/02/2022 (Full story) Chugach Alaska Corp. recently appointed Josie Hickel president. In her role, Hickel is responsible for leading Chugach's Alaska Native Claims Settlement Act, or ANCSA, land management and resource development strategy, strengthening community relationships and resources within the Chugach region, an....

  • Pantheon's Alkaid 2 well work advances - 10/02/2022 (Login to read Full story) In a Sept. 26 operations update on the Alkaid 2 well on Alaska's North Slope, Pantheon Resources plc said operator Great Bear Pantheon, or GBP, completed stimulation of the horizontal well and that a workover rig was enroute to the well ahead of flow testing. Only one hiccup in the company's plans t....

  • US rotary rig count up by 1 to 764 - 10/02/2022 (Login to read Full story) The Baker Hughes' U.S. rotary drilling rig count was 764 on Sept. 23, up by one from the previous week and up 243 from 521 a year ago. When the count dropped to 244 more than two years ago, in mid-August 2020, it was the lowest the domestic rotary rig count had been since the Houston based oilfield....

  • Oil patch bits: ASTAC awarded $30,970,030 USDA ReConnect grant - 10/02/2022 (Login to read Full story) Arctic Slope Telephone Association Cooperative Inc. said Sept. 22 that it has been awarded $30,970,030 in funding for a transformational broadband project in remote Alaska. The grant will provide ASTAC with the means to expand its terrestrial network to provide customers in Point Lay and Anaktuvuk P....

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

  • Eni allows Nikaitchuq North leases to terminate 07/07/2022
  • Oil Search (Alaska)'s Quokka unit approved 06/28/2022
  • State receives 2 bids in Cook Inlet O&G lease sale 05/25/2022
  • 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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