Archive of: Oil & Gas Articles

Issue

Title

June Issue 3 2014

July hearing set for Kenai Loop gas payments

Buccaneer Energy, Cook Inlet Region Inc., and the State of Alaska will be back before the Alaska Oil and Gas Conservation Commission July 7 to duke it out once more over gas royalty rights from Buccaneer’s Kenai Loop well pad.

Umiat results promising but more work needed June Issue 3 2014

Umiat results promising but more work needed

Buccaneer files for bankruptcy June Issue 2 2014

Buccaneer files for bankruptcy

Buccaneer Energy, an independent Cook Inlet explorer with high hopes but skimpy resources, saw those hopes come crashing down May 31. The company filed for Chapter 11 bankruptcy protection that day in a U.S. Bankruptcy Court in south Texas.

Point Thomson-TAPS connection complete June Issue 2 2014

Point Thomson-TAPS connection complete

At Point Thomson, it is $2 billion dollars down and $2 billion to go for ExxonMobil.

With CD-5 half-built, judge faults Corps permit June Issue 2 2014

With CD-5 half-built, judge faults Corps permit

A U.S. Alaska District Court judge has ruled that the U.S. Army Corps of Engineers did not provide an adequate rationale for its decision to allow ConocoPhillips to proceed with road and bridge construction at its $1 billion CD-5 project in the National Petroleum Reserve-Alaska.

Slope drilling reached record level in 2014 June Issue 1 2014

Slope drilling reached record level in 2014

A record number of drill rigs were at work on the North Slope this winter. According to weekly working rig data compiled by Baker Hughes Inc., drilling reached a peak of 17 rigs during the week of Feb. 28, traditionally the busiest time for the North Slope.