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EIA forecasts $93 Brent spot price in '24 - November 12, 2023

The Brent crude oil spot price is expected to average $93 per barrel in 2024, up for an expected average of $84 per barrel this year, and down from $101 per barrel in 2022, the U.S. Energy Information Agency said in its November Short-Term Energy Outlook. The agency said it expects liquids fuel pro...
Kristen Nelson Petroleum News Us Energy Information Agency Term Energy Outlook Information Agency November Short Term Energy

Producers 2023: Eni integrating Oooguruk and Nikaitchuq - November 12, 2023

On the surface, the biggest development at the neighboring Oooguruk unit and Nikaitchuq unit in the nearshore state waters of the Beaufort Sea is renewed drilling. After the uncertainty of the worst of the pandemic years, operator Eni US Operating Co. Inc. is planning another active year of drilling...
Beaufort Sea Eric Lidji Petroleum News Eni Us Operating Co Armstrong Oil Gas Kuparuk River

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Producers 2023: Hilcorp works mature Cook Inlet fields - November 12, 2023

Hilcorp is a major oil and gas producer in Alaska, active both in Cook Inlet and on the North Slope, and while Cook Inlet accounts for only a minority of the oil Hilcorp produces in Alaska, it accounts for all its natural gas production, sold to Southcentral utilities and used for heating and genera...
United States North Slope Cook Inlet Kristen Nelson Petroleum News North Cook Inlet

Sidebar: 20 years ago this month: Forest drilling, evaluating Redoubt; Cosmopolitan well still being tested - November 12, 2023

Forest Oil updated analysts on its Cook Inlet, Alaska, Redoubt Shoal development as part of a third-quarter conference call Nov. 5, 2003. The company said capital expenditures for Alaska have dropped from $7 million a month in the first quarter of the year to $3 million a month in the third quarter....
United States Cook Inlet Kristen Nelson Forest Oil Petroleum News Redoubt Shoal

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