Interior Gas Utility Adopts Purchase, Manufacturing Agreements
The Interior Gas Utility is looking to the North Slope, instead of Cook Inlet, for a long-term energy supply, agreeing with Harvest Alaska to build a new LNG plant.
Oil & Gas
Hilcorp the Sole Bidder in State and Federal Cook Inlet Lease Sales
The only bidder in the December 30 Cook Inlet lease sales was Hilcorp, buying leases on six state tracts and one in federal waters.
Pikka’s Promise to Keep TAPS Flowing
New projects on the North Slope, such as Pikka, could ensure that the Trans Alaska Pipeline System rarely drops below half capacity for the foreseeable future.
Resource Industries Expect Stronger, Stranger Economy in 2023
Nearly recovered from the COVID-19 slump, Alaska’s resource industries are optimistic for 2023—if enough workers can be found to fill job openings.
Growing Interest in North Slope Lease Sale
The state’s North Slope areawide oil and gas lease sale saw a significant uptick in activity and revenue compared to last year, with more than $5 million in winning bids on seventy tracts.
New Technique for Heavy Oil Recovery
New research by the Petroleum Development Lab at the UAF Institute for Northern Engineering demonstrates the potential for commercial production of heavy crude at existing North Slope oil fields.
ConocoPhillips Alaska’s Extended Reach Helps Shrink Its Carbon Footprint
ConocoPhillips Alaska’s optimization of new technologies and commitment to sustainable development has enabled it to reduce its footprint in the environment by extending drilling from fewer well pads, providing increased revenue and employment opportunities in the state.
How ESG Policies Can Work For, Not Against, Arctic Oil and Gas
Environmental, social, and governance policies have thwarted Arctic energy investment, but they don’t have to, as the Alaska Oil & Gas Association conference learned.
Federal Funds to Eyak for Spill Response Facility
Federal money for the Native Village of Eyak will pay for construction of a road to a spill response facility at Shepard Point, north of Cordova.
Santos Advances Pikka Project on the North Slope
The final investment decision is “yes” for Australian oil company Santos to proceed with developing the Pikka Project on the North Slope.