OIL & GAS

  • ExxonMobil is in the early planning stages to at least triple production from its Point Thomson natural gas facility. Corporate spokesman Aaron Stryk wrote in a response to questions from the Journal that the company is progressing planning for “potential gas expansion concept” that would ultimately supply natural gas to the $45 billion-plus Alaska LNG Project. Expanding the gas processing facilities and increasing production from the large...
  • If all goes as planned, the upcoming North Slope drilling season could be the winter of Bill. Bill Armstrong, CEO and founder of his namesake company Armstrong Energy LLC, and his team will be working to shore up estimates on what many believe to be one of the largest oil discoveries ever on the Slope. Armstrong said in a Sept. 2 interview with the Journal that his company also has plans to be one of the only outfits to invest in exploration...
  • BP Exploration Alaska can’t market its Prudhoe Bay natural gas, and it hasn’t, company officials wrote in the revised plan of development for the North Slope field. In a cover letter to state Division of Oil and Gas Director Corri Feige about the latest plan document submitted Sept. 1, BP Alaska Reservoir Manager Scott Digert wrote that BP, the state and the other Prudhoe Bay working interest owners — notably ConocoPhillips and ExxonMobil — have...