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Anchorage, Alaska News

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Anchorage, Homer

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Shell Chukchi drilling this year Shell remains committed to drill in the Chukchi Sea this year, provided the company can obtain the necessary permits and clear some continuing legal challenges, Ben van Beurden, the company's CEO, said during the company's fourth quarter earnings call on
Petroleum News | Jan 30, 2015 10:50 PM [GMT] | comment? | recommend article from Anchorage, Alaska
PN Bakken: Three Forks wells dominate week's ND IP list Three Forks formation wells dominated this week's top 10 initial production list filling seven of the top 10 IP volumes posted by the North Dakota Department of Mineral Resources between Jan. 19 and 26. Topping the list is a Burlington Resources well in t
Petroleum News | Jan 30, 2015 6:50 PM [GMT] | comment? | recommend article from Anchorage, Alaska
PN Bakken: Legislators look at NDIC changes A North Dakota state senator is seeking a study of the makeup of the North Dakota Industrial Commission to determine if an advisory board is necessary when dealing with issues related to the oil and gas industry.Sen. Bill Bowman of Bowman introduced a res
Petroleum News | Jan 30, 2015 6:50 PM [GMT] | comment? | recommend article from Anchorage, Alaska
PN Bakken: MT's Senate president on industry bills After serving a combined 14 years in the Montana House of Representatives and Senate, term limits put Sen. Debby Barrett in her last session, and she is ending her legislative tenure on a high note serving as president of the Senate. That distinction make
Petroleum News | Jan 30, 2015 6:50 PM [GMT] | comment? | recommend article from Anchorage, Alaska
PN Bakken: Tighter pipeline regulations among bills reviewed by NDIC Following two large pipeline spills in the Williston Basin, the North Dakota legislature is considering a bill that would require gathering pipeline permits and installation of monitoring technology on those lines.Senate Bill 2374 was discussed at the Nor
Petroleum News | Jan 30, 2015 6:50 PM [GMT] | comment? | recommend article from Anchorage, Alaska
PN Bakken: Acres down, prices up While the 1,742.18 acres leased in the BLM Montana/Dakotas office's first quarter 2015 oil and gas lease auction held Jan. 27 in Billings had the lowest acre total in BLM auctions over the last five years, the average price per acre of $2,440.96 was nearl
Petroleum News | Jan 30, 2015 6:50 PM [GMT] | comment? | recommend article from Anchorage, Alaska
Oil Patch Bits: GCI Industrial Telecom celebrates 5 years in Texas GCI Industrial Telecom, a division of GCI, said it is celebrating the fifth anniversary of its field office in Houston, Texas. GCI Industrial Telecom continues to support the communication needs of the energy sector throughout Alaska and the Gulf of Mexic
Petroleum News | Jan 30, 2015 6:50 PM [GMT] | comment? | recommend article from Anchorage, Alaska
Nikaitchuq primed for royalty reduction If oil prices remain at their current levels over the coming weeks, they will trigger a reduction in the royalty rate at the youngest producing oil field on the North Slope.Should the average monthly price of Alaska North Slope crude oil fall below $48 pe
Petroleum News | Jan 30, 2015 6:50 PM [GMT] | comment? | recommend article from Anchorage, Alaska
PN Bakken: Pressing ahead with XL TransCanada, prodded by the Nebraska Supreme Court's key ruling on who determines the routing of Keystone XL, has started court action to access the remaining property it needs to build, operate and maintain the pipeline.The company's decision to press ah
Petroleum News | Jan 30, 2015 2:50 PM [GMT] | comment? | recommend article from Anchorage, Alaska
PN Bakken: 'Prudent steps' Hess Corp. is the latest Bakken operator to announce cutbacks in 2015 capital expenditures, capex, amid a weak global crude oil market. The international exploration and production company - the Bakken's third largest oil producer - announced Jan. 26 an o
Petroleum News | Jan 30, 2015 2:50 PM [GMT] | comment? | recommend article from Anchorage, Alaska