Page 106 - Dec News Today

During its Dec. 15 public meeting the Regulatory Commission of Alaska confirmed some minor changes required by the Department of Law to new regulations for electric reliability organizations in Alaska. Approval of the changes means that the revised regulations now go into effect. The regulations imp...

UK bank mistakenly pays out $175 million to customers on Dec. 25

Alaska Division of Oil and Gas Director Tom Stokes has issued a correction to a Dec. 10 denial of rental reduction for four Finnex LLC state oil and gas leases. He said Dec. 21 that the working interest owners listed in the Dec. 10 decision (Finnex, Caracol Petroleum LLC, TP North Slope Development...

Balcony Natural Resources Inc. has told Petroleum News that it has obtained very promising results from the reprocessing of seismic data for its Grey Owl prospect, in the eastern North Slope nearly 30 miles south of the Badami oil field. The company says that it anticipates drilling a well in the pr...

Four Canadian provinces are poised to release a strategic plan to exploit the technology for small modular nuclear reactors, SMRs, which are widely viewed as the answer to cleaning up the conventional oil and gas industry. A spokeswoman for Alberta Energy Minister Sonya Savage said Alberta, Ontario...

The Alaska Oil and Gas Conservation Commission has approved requests from Prudhoe Bay unit operator Hilcorp North Slope to amend pool rules for four Prudhoe oil pools. Hilcorp took over as Prudhoe operator from BP Exploration (Alaska) in mid-2020. In administrative approvals dated Dec. 20 and Dec....

ConocoPhillips Alaska said sustained production began from the Narwhal participating area in the Colville River unit on Dec. 14. The company applied to the Alaska Division of Oil and Gas and Arctic Slope Regional Corp. Nov. 12 for approval of a participating area at Narwhal and said in that applica...

UK bank mistakenly pays out $175 million to customers on Dec. 25

UK bank mistakenly pays out $175 million to customers on Dec. 25

Siv 'Sivanna' Ngesi had an awesome year!