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September 29, 2023
Alaska North Slope production averaged 424,619 barrels per day in August, down 7,149 bpd, 1.7%, from a July average of 431,768 bpd and down 6.1% from an August 2022 average of 452,270 bpd. Crude oil accounted for 91.4% of the August total, 388,087 bpd, down 753 bpd, 0.2%, from a July average of 388...
September 29, 2023
Alaska North Slope crude hit a 10-month high Sept. 27, surging $2.38 to close at $98.16, a level not seen since Nov. 7, 2022, when it closed at $99.32. West Texas Intermediate leapt $3.29 on the day to close at $93.68 -- notching a one-year high -- and Brent jumped $2.59 to close at $96.55. (See c...
September 29, 2023
The operator and leaseholder of the Badami unit and area acreage, Glacier Oil & Gas subsidiary Savant Alaska, has had a lot of good news in the last few months, the most recent being a Sept. 22 approval from the Alaska Oil and Gas Conservation Commission to commingle Killian and Badami oil productio...
September 29, 2023
A new plan to sell offshore drilling rights will be limited to three spots, all in the Gulf of Mexico.
September 28, 2023
The tug of war over one drilling lease in the Gulf of Mexico involving the president, Congress and the courts illustrates the limits of executive power.
September 28, 2023
A bill promoted by anti-fracking activists won approval from the Florida Senate Environment and Natural Resources Committee in a November 5 vote, but prospects for its advancing further through the legislative process once the session begins in January appear to be dim.
September 28, 2023
GOP presidential candidates Nikki Haley and Gov. Ron DeSantis (R-FL) went toe to toe on the issue of oil production during the second Republican primary debate, with the former U.S. ambassador claiming the Florida governor banned fracking and offshore drilling.
September 27, 2023
Nagpur: The extended reach drilling (ERD) technology has been exempted from the purview of the Forest (Conservation) Act, 1980, thus allowing drilling.
September 27, 2023
Britains oil and gas regulator has given the UKs energy production efforts a major boost this morning, despite fury from eco activists.