Less Than $1M from State Cook Inlet Lease Sale
Hilcorp was the sole bidder on five onshore and near-shore tracts that brought an estimated $872,072 in cash bonus to the state treasury.
Tag: Cook Inlet
Furie Embarks on Kitchen Lights Drilling Campaign
Furie sends jack-up rig to Kitchen Lights Unit for multi-year development plan aided by Alaska Industrial Development and Export Authority.
$8M from Combined State Slope, Inlet Lease Sales
Area-wide lease sales for the North Slope and Cook Inlet brought an estimated $8 million to the State of Alaska, an increase over last year but not the major bump that new Inlet royalty terms were supposed to stimulate.
Furie Operating the Sole Bidder in State’s Inlet Lease Sale
The operator of the Kitchen Lights natural gas unit in Cook Inlet is showing interest in adjacent lease tracts.
Imaging Alaska Coast to Coast
In addition to helping with oil spill response, Alaska ShoreZone data assists with fisheries research, recreation reconnaissance, climate change research, and even helping calibrate drone software for NASA.
Oil Season
Fall is well underway, and with it signs that Alaska’s oil and gas industry is busy preparing for the 2019-2020 winter drilling season.
State Receives Three Bids in Cook Inlet Oil & Gas Sale
The Division of Oil and Gas received three bids encompassing 10,286 acres and totaling approximately $190,350 in bonus bids from Hilcorp Alaska.
Benefits of Alaska LNG
The gasline is a vital component of Alaska’s future and has the ability to transform our economy.
2018 Oil and Gas Forecast
2018 Oil and Gas Forecast The Caelus discovery at Smith Bay could lead to a significant increase in oil production on the North Slope. IMAGE COURTESY OF CAELUS ENERGY Julie Stricker Discoveries, production increases lead to industry optimism While oil prices are...