News

Baker Hughes' U.S. rotary drilling rig count was 537 on July 11, down by two from the previous week -- the eleventh consecutive week of drops. The count was down by 47 from 584 a year ago, down by 10 ...
Narwhal Exploration LLC, operator of the Narwhal unit at West Harrison Bay, has applied to the Alaska Department of Natural Resources' Division of Oil and Gas for a permit for summer marine surveys ...
As first reported by Bloomberg on July 14, ConocoPhillips is seeking authorization from the U.S. Bureau of Land Management to conduct exploration activities in the National Petroleum Reserve-Alaska ...
Hilcorp Alaska is planning to bring the nonproducing Kenai Peninsula Sterling gas field back into production, acquired two leases in the area at the state's 2024 Cook Inlet areawide lease sale and is ...
On July 25 the U.S. Court of Appeals for the 9th Circuit upheld a decision by the federal District Court in Alaska supporting the National Marine Fisheries Service's continued listing of the Arctic ...
In a June 25 meeting of the Regulatory Commission of Alaska Chugach Electric Association, the Anchorage based electricity utility, reported on the current electricity supply situation and the various ...
Crude futures rose in early Asian trade July 17 as oil demand continued to be bolstered by a strong summer travel season and better than expected economic reports from the United States and China, ...
A project involving the testing of methane hydrate production on the North Slope is on hold, pending a U.S. Department of Energy decision on whether to continue to provide funding support for the ...
Pioneer Natural Resources Alaska has come in as a working interest owner in the offshore Cook Inlet Cosmopolitan prospect, taking a 10% interest from operator ConocoPhillips Alaska in March 2005.
The U.S. Energy Information Administration said July 8 in its Short-Term Energy Outlook that it has revised its forecast for the Brent crude oil price for 2025 to an average of $69 per barrel, up 4.4% ...
The Alaska Department of Natural Resources' Division of Oil and Gas has approved annual maintenance dredging of the West Dock Causeway at the Hilcorp North Slope-operated Prudhoe Bay unit and ...
The U.S. Geological Survey, in an estimate released in late June, said 49% of undiscovered technically recoverable oil resources on federal onshore land are in Alaska. The national total is 29.414 ...