Prudhoe Bay Newswire (Page 10)

Prudhoe Bay Newswire (Page 10)

Comprehensive Real-Time News Feed for Prudhoe Bay, AK. (Page 10)

Results 181 - 200 of 617 in Prudhoe Bay, AK

  1. Companies announce major North Slope oil discoveryRead the original story w/Photo

    Mar 9, 2017 | Fairbanks Daily News-Miner

    ... additional investment and exploration on the North Slope," he said. "These policies are now bearing fruit." Prudhoe Bay, the find that prompted the construction of the trans-Alaska oil pipeline system, had an estimated 10 billion barrels of oil when ...

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  2. A Father of Fracking Seeks to Emulate U.S. Shale Boom in Alaska an hour agoRead the original story

    Mar 9, 2017 | Bloomberg

    ... Energy LLC said it had found at least 2 billion barrels of recoverable oil about 120 miles to the west of Prudhoe Bay on the Arctic Coast. Armstrong Oil & Gas Co., another closely held company, announced a half-billion barrel discovery the next ...

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  3. The ConocoPhillips building in downtown Anchorage on Tuesday, June...Read the original story w/Photo

    Mar 7, 2017 | Anchorage Daily News

    ... barrels of oil daily, the companies have said, greatly replenishing oil production in Alaska from declining Prudhoe Bay fields. But those developments and other oil and gas activity within 25 miles of Nuiqsut is generating increasing concern in the ...

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  4. Alaska Underwater Pipeline Leak May Have Started In DecemberRead the original story w/Photo

    Mar 8, 2017 | Manufacturing.net

    ... week fined Hilcorp $200,000 for unsafe practices in September 2015 at the Milne Point oil field northwest of Prudhoe Bay. The commission said the company without authorization used nitrogen to clean a well. The gas entered an enclosed "mud trailer" ...

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  5. Alaska underwater pipeline leak may have started in DecemberRead the original story w/Photo

    Mar 7, 2017 | Daily Times

    ... week fined Hilcorp $200,000 for unsafe practices in September 2015 at the Milne Point oil field northwest of Prudhoe Bay. The commission said the company without authorization used nitrogen to clean a well. The gas entered an enclosed "mud trailer" ...

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  6. Alaska Permanent Fund: The difference between debate and disasterRead the original story w/Photo

    Mar 4, 2017 | Anchorage Daily News

    ... discovery of Alaska oil in the late 1960s led to one of the largest oil and gas lease sales in U.S. history. The Prudhoe Bay lease sale raised $900 million, while the state budget for fiscal year 1968 was a mere $112 million. This prodigious outcome ...

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  7. Alaska Oil and Gas Conversation Commission report: February 2017Read the original story

    Mar 3, 2017 | Petroleum News

    ... ion (Alaska) Inc. to amend an existing area injection order and continue water-alternating-gas injections at the Prudhoe Bay Unit No. L-105 well. A Mechanical Integrity Test in January convinced the....

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  8. BP Prudhoe Bay -10%, projects royalty payments to cease after 2018Read the original story w/Photo

    Mar 2, 2017 | Seeking Alpha

    BP Prudhoe Bay Royalty sinks ~10% in early trading after disclosing that its royalty payments are projected to end after 2018. In its 2016 Form 10-K , BPT estimates that royalty payments to the trust will continue through the year 2018 but would be zero in the following year, and no proved reserves currently are attributed to the trust after that date; calculations were based on the 2016 average WTI price of $42.75/bbl.

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  9. Scientists - cook' oil from Alaska coal, suggesting exploration opportunitiesRead the original story w/Photo

    Feb 28, 2017 | Anchorage Daily News

    ... The billions of barrels of Alaska crude produced by BP and other companies in Alaska, primarily from the large Prudhoe Bay and Kuparuk oil fields, have not come from coal. Instead, the oil was made long ago by other kinds of oil-prone rocks, LePain ...

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  10. Alaska has one of nation's widest wage gaps between men and womenRead the original story w/Photo

    Feb 27, 2017 | Anchorage Daily News

    ... workforce," she said. "We want a strong industry so that anyone can get a job." She also said that the life of a Prudhoe Bay oil worker might not appeal to women as much as men. , two weeks off," she said. "If you're a mom and have a family, that's ...

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  11. Oil and Gas Stock Roundup: Look Out BelowRead the original story w/Photo

    Feb 25, 2017 | The Motley Fool

    ... of the sector's weaker players. Leading the way, according to data from S&P Global Market Intelligence , were BP Prudhoe Bay BP Prudhoe Bay cratered after getting blasted by a negative online article from a short-seller. The writer said that the ...

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  12. Industry pushes back against proposed changes to state's oil tax systemRead the original story w/Photo

    Feb 24, 2017 | KSKA

    ... Bilbao, told lawmakers the new bill would discourage companies from extending the lives of legacy fields such as Prudhoe Bay and Kuparuk. And that it would not encourage independent companies to explore. House Resources Committee co-chair Geran ...

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  13. Oil Patch Bits: MagTec sells portion of its assets to Delta LeasingRead the original story

    Feb 24, 2017 | Petroleum News

    MagTec Alaska LLC, a Kenai-based oil and gas support services and equipment rental company since 2008, announced that it has sold a portion of its North Slope equipment assets and its Prudhoe Bay shop facility to Delta Leasing. MagTec will focus its North Slope business unit to concentrate on North Slope drilling support, with expanded offerings including new rig mats, a large inventory of storage and service tanks, glycol heaters, steam boilers, envirovacs and complete tank farm packages to support any project.

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  14. Oil Patch Bits: Delta Leasing's acquisition will grow Slope businessRead the original story

    Feb 24, 2017 | Petroleum News

    ... MagTec asset acquisition, Delta Leasing takes ownership of 350 equipment assets of MagTec, an 8,000 square-foot Prudhoe Bay shop facility, and the current MagTec customer leases on the equipment. 'This acquisition enables Delta Leasing to expand our ...

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  15. It Is Time To Sell Or Short BP Prudhoe Bay Royalty TrustRead the original story w/Photo

    Feb 22, 2017 | Seeking Alpha

    With oil prices stabilized and the quarterly dividend announced on Jan. 6 of $0.99, this stock looks like a good buy. The annual report will likely estimate future cash flows that would result in around $4 in total future dividends per share! In the late 1980s, BP Plc traded some of their future profits on the Prudhoe Bay oil wells in exchange for some cash.

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  16. COMMENTARY: Raising oil taxes may not go wellRead the original story w/Photo

    Feb 22, 2017 | Alaska Journal of Commerce

    ... Add the Gulf of Mexico and Alaska drops to fifth place. The North Slope oil fields are far from exhausted. Prudhoe Bay remains one of North America's biggest oil fields and large areas of Alaska have yet to be fully explored. But if Alaska's tax ...

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  17. ANWR State House Joint Resolution 5 PassesRead the original story w/Photo

    Feb 16, 2017 | KIMO

    ... tiny fraction of ANWR can be safety developed for the maximum benefit to all Alaskansa ANWR could be another Prudhoe Bay for Alaska. With the oil volume in the Trans-Alaska Pipeline declining we need to have everything on the table for discussion. I ...

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  18. New bill from House lawmaker would hike minimum tax on oil industryRead the original story w/Photo

    Feb 16, 2017 | KTOO-TV Juneau

    ... current minimum tax, from 4 percent up to 10 percent, as oil prices rise. "We can't afford to run a state when Prudhoe Bay is only paying a 4 percent tax; that's tiny. So, as prices go up and companies get more profitable we say the tax should go up ...

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  19. Are 'Safe' Dividend Energy Dogs Real Or Imaginary? 18 Were Found For FebruaryRead the original story w/Photo

    Feb 12, 2017 | Seeking Alpha

    ... ascribing company policies canceling or varying the payout of dividends to shareholders. For example, BP Prudhoe Bay (NYSE: BPT ) on the list has paid a variable quarterly dividend as a strategy to manage its cash requirements. That dividend has ...

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  20. 3,000 jobs lost in 2015Read the original story

    Feb 10, 2017 | Petroleum News

    ... to 2004. Above average oil prices then triggered an upsurge in projects such as the West Sak development and Prudhoe Bay field maintenance, with a corresponding increase in employment levels. The millions of dollars spent remedying BP's North Slope ...

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