Archive of: Featured Articles, Oil & Gas, Oil & Gas Articles



Endeavour operator fired for ‘non-performance’ December Issue 4 2012

Endeavour operator fired for ‘non-performance’

Buccaneer Energy fired the company charged with operating the $100 million Endeavour-Spirit of Independence jack-up rig after watching it sit in Homer delayed for months, miss the summer drilling window and rack up a large bill in harbor fees.

Shell’s progress in Arctic tops 2012 stories in oil and gas December Issue 4 2012

Shell’s progress in Arctic tops 2012 stories in oil and gas

It has been a busy year in Alaska’s oil patch.

December Issue 3 2012

ConocoPhillips reaches deals over Alaska spills

ConocoPhillips has agreed to federal and state civil penalties of about $200,000 for spills of crude oil and contaminated water from corroded pipe in Alaska's Kuparuk Oil Field in 2006 and 2007.

December Issue 3 2012

ConocoPhillips to sell Algerian unit

ConocoPhillips, as part of its massive downsizing effort, has agreed to sell its business in Algeria to Indonesia's state-owned oil and gas company Pertamina for $1.75 billion.

December Issue 3 2012

Furie seeks permit for new platform

An independent oil and gas explorer has applied for an Army Corps of Engineers permit to build a new production platform in Cook Inlet’s Kitchen Lights Unit.

December Issue 3 2012

Gov proposes state-financed LNG project on Slope

The State of Alaska would finance $355 million of a liquefied natural gas project on the North Slope to support an LNG trucking operation as well as LNG re-gasification facilities near Fairbanks, Gov. Sean Parnell announced Dec 7.

December Issue 3 2012

ExxonMobil: ‘We’re go’ at Point Thomson

ExxonMobil Corp. has mobilized contractors to start construction on a multi-billion-dollar natural gas cycling and condensate production project at Point Thomson, a large but undeveloped Alaska gas discovery, a company spokeswoman said Dec. 7.

December Issue 3 2012

Cook Inlet Energy files application, plans for pipeline

State officials on Dec. 5 published Cook Inlet Energy’s recently-submitted plans and right-of-way application to build a 29-mile pipeline across Cook Inlet to connect west side oil production with east side processing facilities.

December Issue 3 2012

Southcentral gas supplies tight; producers to the rescue?

The weather has been cold and natural gas supplies in Southcentral Alaska are very tight. Enstar Natural Gas Co. distributed near-record amounts of gas in its system during recent cold weather and is drawing down supplies from a new gas storage facility on the Kenai Peninsula.

December Issue 2 2012

Governor considers state ownership of LNG plant

Gov. Sean Parnell is considering state ownership of a gas liquefaction plant on the North Slope, a state official told a group of Interior citizens.