Prudhoe Bay Newswire (Page 2)

Prudhoe Bay Newswire (Page 2)

Comprehensive Real-Time News Feed for Prudhoe Bay, AK. (Page 2)

Results 21 - 36 of 36 for "u:petroleumnews.com" in Prudhoe Bay, AK

  1. BP reports spill causeRead the original story

    Jul 21, 2017 | Petroleum News

    In a report to the Alaska Oil and Gas Conservation Commission, BP has attributed a wellhead leak in the Prudhoe Bay oil field in April to permafrost subsidence and a resulting failure of the surface well casing. BP has now shut in 14 wells that have the same casing design and is conducting an assessment of the wells, to determine the risk level associated with using these wells for production.

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  2. EPA proposes injection permit renewalsRead the original story

    Jun 30, 2017 | Petroleum News

    The U.S. Environmental Protection Agency said June 28 that it proposes to issue three underground injection control class I permits for disposal of non-hazardous fluids at Badami, Oooguruk and Prudhoe Bay. All are renewals of exiting permits.

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  3. HD hot Prudhoe debateRead the original story

    Jun 23, 2017 | Petroleum News

    The Prudhoe Bay oil field, 40 years old this year, has been an incubator for new technologies that have helped reshape the world's oil industry. Horizontal drilling was a radically new type of oil well, proved first commercially at Prudhoe Bay, and which helped pave the way for production of oil and gas from massive shale formations in the Lower 48. At Prudhoe, however, the success of horizontal wells led to other breakthroughs, like drilling with lower-cost coiled tubing units for sidetrack wells, or wells drilled laterally, underground, from older well bores, as well as multilateral wells, where several wells are drilled underground from an older well.

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  4. Alkaid No. 1 well file goes publicRead the original story

    Jun 2, 2017 | Petroleum News

    The Alaska Oil and Gas Conservation Commissions has released the public well file for the Alkaid No. 1 well that Great Bear Petroleum Operating LLC drilled in early 2015.

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  5. The Explorers 2017: Long-term vision critical nowRead the original story

    May 26, 2017 | Petroleum News

    On June 20, 1977, history was made and the Trans-Alaska Pipeline System transported the first North Slope oil out of its Arctic confines. Since then, more than 15 billion barrels of crude would make the 800-mile journey across the largest state in America, providing energy security to the United States and transforming the state of Alaska.

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  6. The Explorers 2017: Accumulate returning to IcewineRead the original story

    May 26, 2017 | Petroleum News

    Although it is the smallest company operating on the North Slope, Accumulate Energy Alaska Inc. has been expanding and exploring its leasehold over the past two years. The local subsidiary of Australian independent 88 Energy Ltd. drilled the Icewine No.

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  7. The Explorers 2017: Armstrong discoveries rock AlaskaRead the original story

    May 26, 2017 | Petroleum News

    Judging by completion reports alone, Armstrong Energy LLC drilled its first North Slope exploration well this past winter with the Horseshoe No. 1 well and No.

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  8. The Explorers 2017: Caelus sitting on a Smith Bay elephantRead the original story

    May 26, 2017 | Petroleum News

    After completing a two-well program at the Smith Bay prospect in early 2015, Caelus Energy Alaska LLC announced one of the largest oil discoveries in the history of the North Slope: a 6 billion to 10 billion barrel oil field, according to company estimates. The Tulimaniq discovery promises to be a major story on the North Slope over the next few years.

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  9. The Explorers 2017: BP's top Alaska exec speaks outRead the original story

    May 26, 2017 | Petroleum News

    Janet Weiss talks about Prudhoe's first and next 40 years, what state can do to attract business, stay healthy economically On March 30, BP Alaska President Janet Weiss answered the following questions for Petroleum News about BP's first 40 years and its next 40 years in Alaska, as well as questions about the number of rigs currently running in the giant oil field and what state government can do to insure oil production remains stable and the state attracts investment. The most startling facts: Prudhoe Bay produced 55 percent of all the production in the trans-Alaska oil pipeline, in 2016 output from Prudhoe declined less than 1 percent, but without continued investment Prudhoe production would decline at more than 10 percent per year.

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  10. The Explorers 2017: Christmas at Prudhoe BayRead the original story

    May 26, 2017 | Petroleum News

    It was totally unexpected; it was mid-December 1967, not long before Christmas, and there I was, suddenly on an airline flight from Los Angeles to Fairbanks, where I transferred to a bush flight heading for the Prudhoe Bay State No. 1 drill site.

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  11. The Explorers 2017: Looking back to beginning, startupRead the original story

    May 26, 2017 | Petroleum News

    It was hard to know when to begin this section because the story of the trans-Alaska oil pipeline really started more than a decade earlier on the North Slope with the exploration taking place there, followed by the discovery of the giant Prudhoe Bay field. So, we began this story there, adding photos not already included in the Prudhoe Bay section of this edition of Petroleum News' Explorers magazine.

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  12. The Explorers 2017: Eni looking north from NikaitchuqRead the original story

    May 26, 2017 | Petroleum News

    In the final weeks of 2016 and the first few months of this year, Eni U.S. Operating Co. LLC took early steps toward launching an exploration program at its Nikaitchuq unit.

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  13. The Explorers 2017: Great Bear eyes conventional oilRead the original story

    May 26, 2017 | Petroleum News

    In late September 2016, Great Bear Petroleum Operating LLC announced that it had identified eight conventional oil prospects on its leases south of Prudhoe Bay. The announcement highlighted the unusual situation of source rock exploration and development on the North Slope at the moment, where the few companies interested in the play have decided to pursue conventional targets in the short term as a way to establish infrastructure and cash flow to support unconventional work in the future.

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  14. IPA production upRead the original story

    Apr 28, 2017 | Petroleum News

    BP Exploration Inc. is expecting another year of stable production at the Initial Participating Areas of the Prudhoe Bay unit, despite another planned drop in drilling. The operator of the most productive unit in Alaska performed a surprising feat in 2016, increasing oil production from the Initial Participating Areas while decreasing drilling.

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  15. Well under controlRead the original story

    Apr 21, 2017 | Petroleum News

    In the early hours of April 17 the team responding to the venting of gas from a well on Drill Site 2 of the Prudhoe Bay oil field succeeded in killing the well and thus achieving control of hydrocarbons escaping from the wellhead. The team killed the well by pumping salt water containing potassium chloride and mixed with methanol into the well, thus offsetting the upward pressure that had been driving gas from the well, according to a situation report issued on April 17 by the Alaska Department of Environmental Conservation.

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  16. Low price realityRead the original story

    Apr 7, 2017 | Petroleum News

    As the global price of crude oil continues to hover around $50 per barrel and low liquefied natural gas pricing raises questions over the future of a hoped for Alaska LNG project, what is happening in world oil and gas markets, and how will this impact Alaska? On March 29 Marianne Kah, ConocoPhillips chief economist, presented her views on the current situation, explained ConocoPhillips' strategy for dealing with the current price environment and talked about how the price situation may continue to impact Alaska. In Alaska ConocoPhillips operates the Kuparuk River and Alpine oil fields, as well as having ownership positions in the Prudhoe Bay and Point Thomson fields.

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