In state of Alaska submerged lands of West Harrison Bay offshore the National Petroleum Reserve-Alaska, the Narwhal unit encompasses approximately 77,848.60 acres and encircles Shell Offshore's ...
On Oct. 31 in connection with ConocoPhillips' quarterly 2024 earnings presentation, ConocoPhillips Alaska reported a net income of $267 million in the third quarter of 2024. During the quarter, ...
Eni said Nov. 4 that its sale to Hilcorp of 100% of its Nikaitchuq and Oooguruk has closed for a value of $1 billion, adding that the transaction had received approval of relevant authorities, and "is ...
During an Oct. 23 presentation to the Regulatory Commission of Alaska Curtis Thayer, executive director of the Alaska Energy Authority, commented that the cost of upgrading powerhouses in rural Alaska ...
The sale of Eni's interests in Alaska to Hilcorp appears to be advancing. The Alaska Department of Natural Resources' Division of Oil and Gas issued an assignment approval Oct. 30 transferring the ...
The Alaska Oil and Gas Conservation Commission has approved a request from Hilcorp Alaska for a vertical extension of the Sterling-Beluga gas pool at Beluga River to include a shallower interval. In ...
Crude futures plummeted in early European trading Nov. 6 as the U.S. dollar firmed up in the wake of the Nov. 5 presidential election, but oil prices came roaring back after U.S. markets opened, to ...
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Editor's note: This story first appeared in the Nov. 14, 2004, issue of Petroleum News.Gas is flowing from Unocal's Happy Valley discovery at its Deep Creek unit southeast of Ninilchik on Alaska's ...
In an Oct. 23 board meeting, the Alaska Industrial Development and Export Authority passed a resolution to spend up to $20 million to buy more leases in an expected second lease sale for the coastal ...
The Baker Hughes' U.S. rotary drilling rig count was 585 the week ending Nov. 1, unchanged from last week, and down by 33 from 618 a year ago, also unchanged from two weeks ago. Over the last eight ...
Alaska North Slope production averaged 448,085 barrels per day in September, up 4.19%, 18,038 bpd, from an August average of 430,047 bpd, but down 1.41% from a September 2023 average of 454,516 bpd.