Prudhoe Bay Newswire
Comprehensive Real-Time News Feed for Prudhoe Bay, AK.
Results 1 - 5 of 5 for "u:homernews.com" in Prudhoe Bay, AK
Editor's Note: This month marks the 40th anniversary of the jack-up rig George Ferris being "stuck firmly in 82 feet of clay just off the Homer Spit," as the Homer News reported it on May 13, 1976. The incident proved to be the catalyst for the state to buy back oil leases that had been sold in Kachemak Bay. Comment?
The speed of oil flow, not the amount of oil in the 39-year-old pipeline, is the issue creating engineering challenges for Alyeska Pipeline Service Company, engineer Rob Annett told legislators and members of the public during a Tuesday "Lunch and Learn" presentation at the Alaska Capitol. Alyeska operates the 800-mile trans-Alaska Pipeline System on behalf of the major North Slope oil producers, which own shares of Alyeska. Comment?
An intra-company email obtained by the Alaska Journal of Commerce sent to BP Alaska employees Jan. 12 states that the company plans to reduce its total in state workforce by 13 percent. All employees should know their status by early spring and the majority of layoffs will be conducted by mid-year, according to the email. Comment?
Announcement of the annual Permanent Fund dividend is one of Alaskans' most anticipated events of the year. Dividends are clearly important to Alaska residents and also have a significant and positive effect on our economy. Comment?
BP and ExxonMobil, two of the three major Prudhoe Bay field owners, have applied to the Alaska Oil and Gas Conservation Commission for an increase in the allowable volume of natural gas that can be produced and sold from the North Slope field. The AOGCC, a quasi-judicial state regulatory commission with oversight of oil and gas production practices, has set a public hearing date of Aug. 27. In 1977, the commission set a limit on Prudhoe Bay gas offtake of 2.7 billion cubic feet of gas per day, but BP and ExxonMobil, citing new reservoir studies, have now asked for permission to increase the rate to 4.1 billion cubic feet per day to supply a planned gas pipeline and LNG export project. Comment?
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