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Prudhoe Bay Newswire
Comprehensive Real-Time News Feed for Prudhoe Bay, AK.
Results 1 - 20 of 30 for "u:petroleumnews.com" in Prudhoe Bay, AK
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Construction contractors for the oil giant have been focusing on two project components - the central pad, and the pipeline that will tie the field into the existing North Slope oil transportation network to the west. Comment?
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ANS production down 3.2% from March
Biggest drop at Prudhoe Bay, where injection compressors were down at central gas facility for 48 hours; Cook Inlet up slightly Alaska North Slope crude oil production for April was down 3.24 percent from March, averaging 546,087 barrels per day compared to 564,350 bpd in March. Comment?
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Munis challenge FNG to service lower-density areas of borough
The Interior Alaska Natural Gas Utility is asking state regulators for a service area covering sections of the Fairbanks North Star Borough not currently served by the local distribution company Fairbanks Natural Gas LLC. Comment?
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A connection agreement for Prudhoe Bay?
Field has never had a formal agreement with the trans-Alaska pipeline, but the replacement of transit lines may change that In perhaps one of the more obscure outcomes of the replacement of corroded oil pipelines following a 2006 oil spill at the Prudhoe Bay oil field, the owners of the field may have to sign for the first time a formal connection ... (more) Comment?
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BP Exploration Inc. says its offshore Liberty unit contains 'approximately 150 million barrels of recoverable, high-quality light oil.' The question remains, however, how to develop the field, located on federal leases in the shallow waters of the Beaufort Sea about 15 miles east of Prudhoe Bay. Comment?
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Arctic Directory: GBR Equipment's Robert Reynolds passes away
GBR Equipment said Dec. 7 that its vice president and long-time Alaska resident Robert E. Reynolds, known to his friends and family as 'Bobby' or 'Catfish,' died Dec. Comment?
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Oil Patch Insider: Statoil Alaska strategy unchanged; Hess update; airship; big hearing?
A recent report from a financial news service indicated that Statoil has backed off its exploration program in the Alaska's Chukchi Sea as a consequence of Shell's February decision not to drill in the Chukchi in 2013. Comment?
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BP sees a drop sales and taxes; pair of odd items impacts profits
A pair of unique items on the BP plc balance sheet is making it difficult to tell exactly how well the company performed in Alaska in 2012, but the financial figures make one thing clear: continued production declines ate into revenues for the company last year. Comment?
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The offshore field is on state and federal leases, producing from an artificial island located in the Beaufort Sea about six miles northwest of Prudhoe Bay. Comment?
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Senate Finance hears major producers on oil tax changes
As the Alaska Senate's Finance Committee began its consideration of the Resources Committee's substitute for the governor's oil tax bill members voiced concerns ranging from how best to make Alaska competitive enough to attract more investment, resulting in more production in the long term, to the cost to the state's treasury in the short term. Comment?
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The state's petroleum property assessor has put a preliminary value of $7.2 billion on Alaska's most essential industry asset, the trans-Alaska pipeline system. Comment?
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ConocoPhillips plans to spend some $2.5 billion in Alaska over the next five years using a collection of drilling technologies to mitigate declining production on the North Slope. Comment?
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NGL spill crimps Prudhoe Bay oil output
Oil production from the BP-operated Prudhoe Bay field took a significant dip recently after a spill occurred during planned work at a blending module near Pump Station 1 of the trans-Alaska pipeline. Comment?
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The Interior Department's Bureau of Safety and Environmental Enforcement, or BSEE, has given BP Exploration Inc. Comment?
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Back in 2005, then-Gov. Frank Murkowski rankled the Alaska oil industry with an announcement that several satellite oil fields would be 'aggregated' with the main Prudhoe Bay field for purposes of production taxes. Comment?
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BP plans new offshore seismic survey
Company wants to collect 3-D seismic data on north side of Prudhoe Bay to enable more effective management of oil-field reservoirs BP Exploration has applied to the federal Bureau of Safety and Environmental Enforcement, or BSEE, for a permit to conduct a new, high-resolution 3-D seismic survey in the shallow waters of the Beaufort Sea, offshore ... (more) Comment?
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ExxonMobil, operator of the Point Thomson unit, has a variety of activities under way to take advantage of the winter construction season. Comment?
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ConocoPhillips plans to spend 'about 1 billion' in Alaska this year, ConocoPhillips Alaska President Trond-Erik Johansen told an audience in Anchorage recently. Comment?
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PN Bakken: Pad drilling leads way
The practice of drilling multiple wells on single pads, commonly known as 'pad drilling,' is changing the dynamics of exploration and production in the Bakken and by all indications will continue to do so. Comment?
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Intriguing findings from Great Bear's wells
During a Dec. 13 talk to the Alaska Geological Society, Ed Duncan, president of Great Bear Petroleum, described some of the findings from two shale oil test wells that the company has completed this year. Comment?
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