The U.S. Department of the Interior on Wednesday gave conditional approval to privately-held Hilcorp’s long-awaited oil and gas production facility in federal waters off Alaska. Hilcorp is seeking to build Continue Reading
Now that global oil markets have gotten used to Saudi-Russian oil production cooperation that first hit the scene in early 2017 in an effort to reign in global price concerns, Continue Reading
Oil is flowing from a drill site in what is now the farthest-west producing site on Alaska’s North Slope, ConocoPhillips Alaska Inc said on Tuesday. Production at Greater Mooses Tooth Continue Reading
Highlights Expansion of condensate production beyond pilot not feasible Deadline stayed as long as LNG project progresses Anchorage, Alaska — Alaska has agreed to extend a key deadline in a Continue Reading
Some Point Thomson lawsuit settlement terms to be modified Receive daily email alerts, subscriber notes & personalize your experience. Register Now BP agreed to terms previously; ConocoPhillips still in talks Continue Reading
Eni acquires 124 exploration leases in the Eastern North Slope of Alaska from Caelus Alaska Exploration. Eni S.p.A. has acquired 124 exploration leases in the Eastern North Slope of Alaska Continue Reading
Crude oil output at Alaska’s North Slope could increase by as much as 40% in the next eight years. Fewer bureaucratic barriers and recent technology advancement continue to make North Continue Reading
The media was all atwitter about the announcement that Alaska might be the next oil boom province, based on a new report from IHSMarkit which estimated that 28 billion barrels Continue Reading
Alaska’s North Slope is a “Super Basin” awaiting a “resurgence” in oil production, according to a new report. Over the next eight years, oil production could rise by 40 percent. The Continue Reading
The Alaska North Slope (ANS) Basin—a prolific source of US oil production previously limited by a number of barriers to entry including cost and access—is poised to re-emerge as a Continue Reading
