Prudhoe Bay Newswire

Prudhoe Bay Newswire

Comprehensive Real-Time News Feed for Prudhoe Bay, AK.

Results 1 - 14 of 14 for "u:petroleumnews.com" in Prudhoe Bay, AK

  1. Investments mitigate declinesRead the original story

    Thursday Jul 2 | Petroleum News

    The Kuparuk River unit is central to ConocoPhillips' recent promises to increase spending in Alaska in the wake of a major revision to the state oil production tax code. Over the past 18 months, the largest producer in Alaska has sanctioned work on many of its North Slope properties - including construction of the CD-5 pad at the Colville River unit, plans for developing the Greater Mooses Tooth unit in the National Petroleum Reserve-Alaska and expenses as a non-operating partner at Prudhoe Bay.

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  2. Oil Patch Bits: Lynden Oilfield Services to serve North Slope customersRead the original story

    Thursday Jul 2 | Petroleum News

    Lynden companies have provided support to Alaska oil and gas customers for decades. A new Lynden business, Lynden Oilfield Services, was created specifically to serve customers on the North Slope of Alaska's Prudhoe Bay oil fields.

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  3. State approves PikkaRead the original story

    Friday Jun 26 | Petroleum News

    With the June 18 decision from the Alaska Department of Natural Resources, Repsol E&P USA Inc. will become operator of a new unit including some 63,304 acres covering 33 state of Alaska and joint state and Arctic Slope Regional Corp. leases between the Colville River unit, the Oooguruk unit and the Placer unit in the central North Slope. Repsol has been extensively exploring the region since it acquired the property from the Armstrong subsidiary 70 & 148 LLC and GMT Exploration Co.

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  4. Linc outlines UmiatRead the original story

    Friday Jun 19 | Petroleum News

    After spending more than a year evaluating drilling results, Linc Energy Ltd. has considerably expanded its proposal for developing the Umiat oil field on the North Slope. The Australian independent recently outlined a program calling for approximately 13 drilling pads to accommodate 150 wells with drilling to begin as early as 2021.

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  5. Summer maintenance beginsRead the original story

    Friday Jun 12 | Petroleum News

    With summer comes scheduled maintenance on the trans-Alaska oil pipeline and at the major North Slope oil fields which feed the line. Alyeska Pipeline Service Co.

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  6. Promising resultsRead the original story

    Apr 24, 2015 | Petroleum News

    The National Energy Technology Laboratory has published some new results from methane hydrate testing carried out in 2011 and 2012 in the Ignik Sikumi test well on Alaska's North Slope. According to an article in the latest edition of NETL's Fire in Ice publication, the results shed light on the potential use of injected carbon dioxide as a means of producing natural gas from methane hydrate deposits, while also demonstrating that producing gas by depressuring the deposits may work more easily than previously thought.

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  7. AOGCC issues two exploration permitsRead the original story

    Apr 17, 2015 | Petroleum News

    The Alaska Oil and Gas Conservation Commission issued two permits in early April. The agency gave Great Bear Petroleum Operating LLC a permit to drill the Talitha No.

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  8. Arctic Directory April 2015: Alaska Clean Seas breaks ground on Deadhorse facilityRead the original story

    Apr 10, 2015 | Petroleum News

    After a comprehensive design and bid process Alaska Clean Seas, ACS, commenced an $11 million construction project in Prudhoe Bay to replace its existing office facility. Employing the services of EXP U.S. Services as project manager, Anchorage construction contractor F&W was selected to erect the new building.

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  9. ANS production up 4.8 percent month-over-monthRead the original story

    Apr 3, 2015 | Petroleum News

    North Slope averages 537,367 bpd in March, led by 7% Prudhoe Bay gain; February Cook Inlet gains just 1% averaging 18,231 bpd Alaska North Slope production averaged 537,367 barrels per day in March, up 4.79 percent from a February average of 512,795 bpd. The largest gain - by percent and by barrel - was at the BP Exploration -operated Prudhoe Bay field, the Slope's largest.

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  10. 2020s Prudhoe gas sales could be well timedRead the original story

    Feb 13, 2015 | Petroleum News

    As North Slope field ages, gas reinjection will be losing part of oomph some 50 years after Prudhoe oil production began in 1977 Sometime in the mid-2020s, the grand strategy for how to produce Alaska's great Prudhoe Bay oil and gas field - send the crude oil and other liquids to market; reinject the natural gas - will be primed to pivot.

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  11. A tunneling optionRead the original story

    Jan 16, 2015 | Petroleum News

    With more than 30 billion barrels in place and little of it thus far developed, the heavy oil that lies at shallow depths above the producing light oil fields on Alaska's North Slope presents a tantalizing target for future oil development. And in the latest concept for tackling this challenging resource, two companies are proposing the use of tunnels 300 to 500 feet beneath the North Slope tundra, to enable the underground drilling of large numbers of wells into heavy oil reservoirs, with minimal surface and environmental impact 'I think we've got a unique chance ... to see if we can turn Alaska production around and develop this world-class asset responsibly and efficiently.

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  12. Liberty againRead the original story

    Nov 28, 2014 | Petroleum News

    Having purchased a large slice of BP's interests in four BP northern Alaska oil fields, Hilcorp Alaska is going to file a new proposed plan of the development for the Liberty field, offshore in the Beaufort Sea. Hilcorp has acquired a 50 percent interest in Liberty and is now the field operator.

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  13. 'Pace is everything'Read the original story

    Nov 28, 2014 | Petroleum News

    With about eight months of Alaska operations under its belt, Caelus Natural Resources Alaska Inc. is expecting a year of expansion, Senior Vice President for Alaska Operations Pat Foley said at the Resource Development Council's annual meeting on Nov. 18. The Dallas-based independent is expanding the gravel island at its Oooguruk unit, starting preliminary work on the Nuna satellite to Oooguruk and conducting its first exploration work at acreage far from its existing properties. 'One thing you'll find about Caelus: We're not going to let the grass grow under our feet,' Foley said.

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  14. Big acre salesRead the original story

    Nov 19, 2014 | Petroleum News

    Nov. 19 saw four oil and gas lease sales in Anchorage - three state and one federal - with companies submitting bids on 708,346 acres. The state's North Slope areawide sale drew the most interest, attracting 297 bids on 254 tracts, 524,387 acres, making it the fourth largest since areawide sales began in 1999.

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