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All signs point to Prudhoe POD approval

Morning Headlamp - September 23


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Pen pals signal Prudhoe POD approval. Yesterday, according to the Alaska Journal of Commerce, Alaska Department of Natural Resources Commissioner Andy Mack approved the 2016 Plan of Development for the Prudhoe Bay oilfield on Sept. 20, but only after amending the original approval signed four days earlier by Division of Oil & Gas Director Corri Feige. BP is the unit operator for the Prudhoe Bay unit on behalf of fellow working interest owners ConocoPhillips and ExxonMobil. According to a letter obtained by AJOC, several steps will be taken in the coming months including the transfer of land and the federal export licenses to the Alaska Gasline Development Corp. as well as supporting the state's efforts to lower the cost of supply through forms of federal tax exemption.

 

Alaska Senator Lisa Murkowski is running out of time to accomplish some of her more ambitious bills, deemed a master wish list for the state. One bill would open part of the Arctic National Wildlife Refuge to oil drilling and mandate lease sales in the National Petroleum Reserve-Alaska, and offshore. Murkowski said Alaska needs to develop these federal resources. The senator says other provisions are realistic before President Barack Obama leaves office. She cited the Alaska Mental Health Trust land trade. It would allow the Trust to get land in the Tongass National Forest to avoid logging near Ketchikan and Petersburg.

 

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First Reads

Prudhoe plan approved on day Oil & Gas Division director resigned
Alaska Journal of Commerce, Tim Bradner, September 22, 2016

Murkowski launches big Alaska bills whose days are numbered
KTOO, Liz Ruskin, September 22, 2016

Questions surround Walker's gas line plan
Alaska Public Radio News, Elizabeth Harbell, September 22, 2016

Small-scale scheme gives Alaska LNG a boost
Interfax energy, Damon Evans, September 22, 2016

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