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.
Tag: Cook Inlet
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
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 expected to remain low for at...
Q&A with Glacier Oil & Gas CEO Carl Giesler
AB STAFF The West McArthur River Unit, operated by Glacier Oil & Gas, currently produces oil that is now being processed at the Kustatan production facility; in summer 2018 Glacier Oil & Gas is planning to drill at their Sabre oil prospect, located just...
North Slope & Cook Inlet Activity
Darryl Jordan The BP-operated Prudhoe Bay oilfield has surpassed 12.5 billion barrels of production. Prudhoe Bay’s large-scale enhanced oil recovery includes the use of enriched gas and re-injecting 8 billion cubic feet of produced natural gas each day from the...