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

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New Chukchi analysis still on track September Issue 4 2014

New Chukchi analysis still on track

The U.S. Bureau of Ocean Energy Management is moving step-by-step through a revised environmental analysis of Chukchi Sea offshore oil and gas development and expects to remain in schedule for a draft supplemental environmental impact statement, or SEIS, to be complete by late October.

September Issue 4 2014

Miller bids for Buccaneer as CIRI gas dispute continues

There is a new suitor for Buccaneer Energy’s Alaska assets and a tangled web of legal challenges continue for the bankrupt independent producer. Miller Energy Resources Inc. announced its intent to spend $40 million to $50 million on “substantially all” of Buccaneer’s Alaska holdings in a Sept. 15 release. The Knoxville, Tenn.-based independent entered a non-binding letter of intent with Buccaneer, according to the release.

Canada, UK show promise for unmanned aircraft systems September Issue 4 2014

Canada, UK show promise for unmanned aircraft systems

Commercial unmanned aircraft use in other countries is demonstrating how they could be used in Alaska once proper regulations are in place. Curt Smith, a technology director for BP, said the company, which commissioned the first commercial overland, unmanned aircraft flight in the country on the North Slope in June, implements technology not because it’s cool, but because it makes sense and improves efficiency.

September Issue 4 2014

Senate passes bill to streamline BLM oil and gas permits