Page 27 - Dec News Today

The Regulatory Commission of Alaska continues to receive tariff revisions for 2024, with most rates down, reflecting an expectation of more volumes in 2024 than in 2023. Reduced rates are proposed for the PTE Pipeline, which carries Point Thomson production 22 miles from the Central Production Faci...

The Interior Energy Project, an Alaska Industrial Development and Export Authority sponsored project to bring increased supplies of affordable natural gas to Fairbanks and its surrounds, has issued its latest quarterly report to the state Legislature. The report indicates that more customers than an...

The last two issues of December will be replaced by emailed news bulletins. The value of the news bulletin service is $225 per year, although there will be no extra charge to Petroleum News readers over the two-week period. News bulletins cover the hottest news that is not immediately covered by ot...

The Baker Hughes

Alaska North Slope crude staged a rebound Dec. 13, up $1.10 to close at $76.31 per barrel. West Texas Intermediate rose 86 cents to close at $69.47 and Brent rose $1.02 to close at $74.26. The rise was keyed by a healthy drawdown of U.S. crude reserves and revived demand growth expectations sparked...

.S. crude oil production is forecast to average 12.93 million barrels per day this year, and climb to 13.11 million bpd in 2024, the U.S. Energy Information Administration said Dec. 12 in its December Short-Term Energy Outlook. That continued growth is projected to support increased crude oil export...

The Alaska Department of Natural Resources

The Alaska Department of Natural Resources

State lands on the North Slope remain closed to winter off-road travel except for approved snowmobile travel. That was the Dec. 7 word from the Alaska Department of Natural Resources; Division of Mining, Land and Water, based on DNR sampling Dec. 6 and 7. DNR staff will return to the North Slope D...

The Alaska Oil and Gas Conservation Commission has approved a request from Northstar operator Hilcorp Alaska to add water to the list of fluids which can be injected at the field for enhanced recovery. In a Dec. 7 order, the commission said Hilcorp requested authorization to inject water into the N...