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On Dec. 22, ConocoPhillips announced a Final Investment Decision, or FID, for its $7 billion to $7.5 billion Willow project in the National Petroleum Reserve-Alaska. Willow is located just 8 miles from existing ConocoPhillips infrastructure. The company has developed more than 120 drill sites conne...
Alaska North Slope crude took a sharp turn higher Jan. 3 after production was curtailed at a major Libya oilfield due to social unrest, boosting fears of disruptions to world oil supplies from Middle East tensions. ANS leapt $2.36 on the day to close at $79.14 per barrel. West Texas Intermediate jum...
Prudhoe Bay operator Hilcorp North Slope has received approval from the Alaska Department of Natural Resources, Division of Oil and Gas for up to five new grassroots wells at drill site 11, while Hilcorp Alaska has received division approval for two grassroot wells at the Duck Island unit which it o...
The Baker Hughes
The operator of the South Miluveach unit, Mustang Holding LLC, has an Oil Discharge Prevention and Contingency Plan under review by the Alaska Department of Environmental Conservation per a Dec. 27 ADEC notice. The proposed CPlan confirms that Mustang Holding and its new owner Finnex Operating LLC a...