ConocoPhillip Alaska rigs have not been operating in Prudhoe Bay or the Kuparuk River or Colville River units since April.
Furie Operating Alaska announced the corporate promotion of Michael Cipriano. The announcement was made by John L. Hendrix, President/Chief Executive Officer.
Despite home-grown expertise and an unmatched love for Alaska, working through the objections and obstacles of Outside groups has become status quo for Alaska’s resource developers.
The decision allows for construction of up to three drill sites and associated processing and support facilities, including gravel roads and pipelines to provide access to federal leases and allow for responsible oil and gas development and operations.
Public policy issues that threaten to decrease oil production alarm us, because we go to work every day with the simple goal of making sure Alaskans benefit from our stewardship of safely operating the line.
The Alaska Supreme Court has struck down legislation (HB331) that authorized subject-to-appropriation bonds to pay outstanding cashable oil and gas tax credits that were issued during a tax credit program that ended in 2017.