Alaska received bids on three state oil leases in its annual areawide Cook Inlet lease sale in results announced June 12. Hilcorp Energy, the major Cook Inlet oil and gas
Alaska announced bids Dec. 13 on 48 oil and gas leases sold in competitive online lease offerings. The results, for lands on the North Slope and Cook Inlet, were modest
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88 Energy and Great Bear Pantheon are moving forward with their winter North Slope wells. Great Bear has already spud Theta West 1 and 88 Energy has finished its 111-mile snow road between KRU 2P and the Merlin 2 well location.
A third company, Eni US Operating, a subsidiary of Italian multinational.
While northern Alaska operators are faced with increasing costs due to shortages of workers, vehicles and equipment on top of supply chain delays, 88 Energy and Great Bear Pantheon still appear to be moving forward with their off-road winter drilling plans for two North Slope winter exploration well.