All American Oilfield, a portfolio company of Chugach Alaska Corporation, appointed a new General Manager, Shane Jolin.
Contango ORE is aiming at Lucky Shot, the name of the gold vein underneath Box Mountain Ridge. Thorough geologic modeling stacks the odds in the company’s favor.
Sometimes, a smaller tool is the right tool for the job. That’s the philosophy behind new technology that Anchorage-based Alaska Drilling and Completions is ready to deploy.
From spearing new prehistoric pools of crude oil to reworking a field to extract oil deposits previously untapped, drilling rigs are the machines that power the oil and gas industry. But, like any machine, they require significant maintenance and care to keep operating at maximum efficiency.
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.
Baker Hughes, a GE company (BHGE), is an international, full-stream oil and gas industry equipment and service provider and leads…
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.
Scroll through any set of accounting books addressing international or domestic petroleum operations and under the heading of “Costs” will be listed…