Page 86 - Dec News Today

Aluminum salt in Potic Creek does not impact drinking water, state Department of Environmental Conservation said.

In mid-July the Federal Energy Regulatory Commission posted a notice saying Trans-Foreland Pipeline Co. had filed for a three-year extension of time, until Dec. 17, 2025, to construct, modify, and operate new facilities for the import of liquefied natural gas at its existing Kenai LNG terminal in Ni...

Hilcorp Alaska received approvals of plan of operations amendments from the Alaska Division of Oil and Gas July 29 for its Ninilchik unit on the Kenai Peninsula. The company plans to develop natural gas from the Pearl Pad, bringing wells into production this year. The approval for production facili...

Alaska North Slope crude hung precariously on the edge of $100 per barrel Aug. 3, as a price swoon continued to dominate worldwide trading of the commodity. ANS slid $3.96 to close at $100.34 per barrel. West Texas Intermediate flirted with the $90 line, closing $3.76 lower at $90.66. Brent also fel...

John Hendrix is the owner of the only Alaskan-owned natural gas producing company in Alaska, Furie Operating Alaska. Hendrix became a Cook Inlet natural gas producer in July 2020 when his newly formed company, HEX Cook Inlet LLC, acquired Furie Operating Alaska LLC and its partners Cornucopia Oil &...

Russia announced further moves July 26 to take over foreign ownership stakes in energy projects, saying it would acquire the stock in an Arctic oil field now held by French and Norwegian companies. The Russian government said it approved a proposal for the Russian oil firm Zarubezhneft to acquire t...

Alaska North Slope production averaged 456,146 barrels per day in June, down 37,033 bpd, 7.5%, from a May average of 493,179 bpd, and down 5.3% from a June 2021 average of 481,522 bpd. North Slope production volumes include both crude oil and natural gas liquids. In June, ANS crude averaged 408,83...

Alaska North Slope crude advanced $2.54 Wednesday July 27 to close at $107.60 per barrel, while West Texas Intermediate gained $2.28 to close at $97.26 and Brent rose $2.22 to close at $106.62. The price advances were a resumption of a recovery that began at the beginning of the week, interrupted by...

KICKER: LAND & LEASING No substantial new info for fall sales No substantial new information has been submitted for the 2022 North Slope, North Slope Foothills or Beaufort Sea areawide lease sales, Derek Nottingham, director of the Alaska Division of Oil and Gas, said in a July 20 decision. Best i...

Vision Operating wants to increase natural gas production from its North Fork field on the southern Kenai Peninsula, and to do that, it has to be able to deal with water produced along with natural gas. In April the company got Alaska Oil and Gas Conservation Commission approval to use an existing,...