Article Archive

Archive of: Oil & Gas

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May Issue 4 2013

Kulluk hearing under way

A U.S. Coast Guard panel completed the first two days of hearings May 22 of the agency’s inquiry into the grounding of the Shell drillship Kulluk last Dec. 31.

May Issue 4 2013

Parnell offers $50M in state funds for ANWR seismic work

The State of Alaska could put up $50 million to share costs of seismic exploration and exploration planning for a new oil and gas resource assessment in the coastal plain of the Arctic National Wildlife Refuge, Gov Sean Parnell has proposed.

Companies drill ahead on Cook Inlet projects May Issue 4 2013

Companies drill ahead on Cook Inlet projects

Two closely-watched Cook Inlet exploration wells being drilled with jack-up rigs are reported to have reached or are approaching their target depths.

May Issue 4 2013

Japanese LNG group signs agreements with Alaskan cos.

Resources Energy Inc., the Japanese company interested in developing a large liquefied natural gas project, has signed several agreements to explore business relationships in Alaska.

May Issue 3 2013

Oil falls on concerns for China demand, Fed policy

The price of oil fell Thursday as weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy.

May Issue 3 2013

Kulluk hearing continues with testimony from rig manager

The hearing about the Noble drilling rig that ran aground in December while crossing the Gulf of Alaska continued today with testimony from the rig’s manager and a tug captain involved in trying to turn the situation around before the rig grounded.

May Issue 3 2013

First day of Kulluk hearings details harrowing days of storm

A U.S. Coast Guard panel completed the first day of hearings planned for the agency’s inquiry into the grounding of the Shell drillship Kulluk last Dec. 31. Hearings that began May 20 are scheduled for two weeks.

May Issue 3 2013

Japanese group offers fast-track on LNG

A Japanese consortium working on an independent Alaska liquefied natural gas project has completed a feasibility study and given it to state officials.

May Issue 3 2013

BLM to tackle four high-risk abandoned wells this year

The U.S. Bureau of Land Management released a plan May 8 identifying 50 abandoned wells in the Alaska Arctic that it believes require clean-up by the agency.

May Issue 3 2013

Linc finishes Umiat test well, demobilizes rig

Linc Energy has completed its winter exploration program at Umiat, on the North Slope, and has demobilized its rig and equipment.

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