Archive » Oil & Gas

Producers sanction new drill site at Kuparuk River field

State claims 20,000 acres on edge of ANWR

State claims 20,000 acres on edge of ANWR

Alaska is laying claim to a sliver of what the U.S. Fish and Wildlife Service thinks is the Arctic National Wildlife Refuge along the northwest boundary of the refuge. The state is citing a defect in the federal agency’s interpretation of the refuge boundary. The Fish and Wildlife Service administers ANWR.
Walker skeptical of Exxon role on LNG

Walker skeptical of Exxon role on LNG

Independent gubernatorial candidate Bill Walker says he supports the gas pipeline planning efforts now underway, although he is unhappy there is not more transparency about the deal and skeptical of ExxonMobil’s lead management role in the project. Walker, a longtime Republican who dropped his party affiliation and accepted former Democrat governor nominee Byron Mallott as his lieutenant governor running mate in his bid to unseat incumbent Gov. Sean Parnell, said he would reserve judgment on the final deal until he learns the details.
Forward-thinking on LNG paying off for Talkeetna Lodge

Forward-thinking on LNG paying off for Talkeetna Lodge

Could the Talkeetna Alaskan Lodge be a model for other businesses in other areas of the state without coveted natural gas infrastructure? The liquefied natural gas supplier to CIRI Alaska Tourism’s expansive luxury resort thinks so.
Land buys, surveys continue at proposed Nikiski LNG site

Land buys, surveys continue at proposed Nikiski LNG site

NIKISKI — Several reporters and industry representatives from ExxonMobil and the Alaska LNG Project visited the Kenai Peninsula Oct. 9 during a showcase of the research projects currently underway to determine whether Nikiski is a viable site for the terminus of a massive energy project.

Archive » Mining

Archive » Alaska Oil & Gas Reporter

Balash heads to Japan with BP to market LNG

Marketing efforts for the Alaska LNG Project have formally started, passing another major milestone. State Natural Resources Commissioner Joe Balash accompanied BP officials to Asia on the first formal sales trip for the giant project. “These were BP’s meetings. They set them up and handled the invitations, and we were invited to come along,” Balash said.

FERC filing another important step for Alaska LNG Project

Step by step, the Alaska LNG Project is moving forward. The project made a big advance Sept. 5 with its application to the Federal Energy Regulatory Commission to begin a pre-filing process for the project.

State seeks federal judgment in push for ANWR exploration

The State of Alaska has asked a U.S. Alaska District Court to issue a summary judgment in its lawsuit against the U.S. Department of the Interior over the federal agency’s rejection of a state plan to explore a part of the Arctic National Wildlife Refuge. The action was filed Sept. 8 in Anchorage. Judge Sharon Gleason will decide the issue.

RCA: state needs major power transmission improvements

Alaska has an adequate power supply but an insufficient transmission system, which together could be strained by new Environmental Protection Agency requirements, according to Regulatory Commission of Alaska members.

Unsustainable operating budget threatens state savings

These are uncertain times for Alaska. Public spending is a big part of our economy and the state government is running billion-dollar-plus deficits. If things continue as they are, we could be out of cash in six or seven years.
Oil Prices and Production
Oil and Gas Prices for 1/12/2012 ($/barrel)

  ANS West Coast $111.65 ($1.77)
  West Texas Intermediate $99.10 ($1.77)
  Henry Hub (mmBTU) $2.67 ($0.14)
    (BBLs)  
  ANS Production 622,966 1/11/2012
source: Alaska Dept of Revenue