Greater Mooses Tooth 1 (GMT1) yielded first oil in October. Relying on new oil drilling technology, it is the most recently developed production site for ConocoPhillips on the North Slope as the company continues its methodical westward expansion into the National Petroleum Reserve-Alaska (NPR-A) along a geological formation known as the Barrow Arch.
In January 2018, the Anchorage Economic Development Corporation (AEDC) projected that after an enduring economic recession, things were beginning to look up for the oil and gas sector.
Working in Alaska’s North Slope can be challenging enough, but a few companies are taking that challenge a step further, drilling from manmade islands into promising basins miles off the coast.
The Alaska Gasline Development Corporation (“AGDC”) and BP Alaska announced an agreement on key terms of a gas sales agreement, a major step forward for the Alaska LNG Project.
As technology advances, it often creates opportunities for companies to consider doing things differently.
Baker Hughes, a GE company (BHGE), is an international, full-stream oil and gas industry equipment and service provider and leads…
Imagine an oilfield camp sitting in the middle of nowhere on Alaska’s North Slope in December. A giant drilling rig, cranes, and other equipment dominate the landscape, as workers busily prepare for the painstaking task of drilling.
The gasline is a vital component of Alaska’s future and has the ability to transform our economy.
Anthony F. Lucas ushered in the “oil age” in 1901 in Beaumont, Texas, drilling a well that blew oil 150 feet into the air at a rate of 100,000 barrels of oil per day.
