Providing coverage of Alaska and northern Canada s oil and gas industry
Division denies Glaciers Badami expansion
E. North Slope unit operator lacks sufficient work plan for expansion area, no geo proof of connectivity between unit, new area
Kay Cashman
Petroleum News
On remand from the commissioner of the Alaska Department of Natural Resources, the director of the Division of Oil and Gas denied an application from operator Savant Alaska to expand the eastern North Slope Badami unit in a decision issued on Jan. 22. Savant is a Glacier Oil and Gas company.
As Petr..
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Two LNG carriers on Northern Sea Route - January 17, 2021 petroleumnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from petroleumnews.com Daily Mail and Mail on Sunday newspapers.
Thu, 01/14/2021 - 12:18pm
The State of Alaska’s North Slope oil and gas lease sale netted only about half of the bid revenue that the Bureau of Land Management’s sealed bid auction for the Arctic National Wildlife Refuge coastal plain did, but interest from industry was still far greater.
The Division of Oil and Gas collected approximately $7 million across 115 bids from five companies, officials announced Wednesday afternoon following the morning bid opening.
The state’s North Slope and Beaufort Sea lease sales are traditionally a minor annual event with a small audience of industry representatives, reporters and others present to watch the bid opening. COVID-19 precautions prevented that this year.
BP, Hilcorp say deal involving Alaska assets, interests done
by The Associated Press
Last Updated Dec 18, 2020 at 3:14 pm EDT
JUNEAU, Alaska BP said it has completed its sale of assets and ownership interests in Alaska to Hilcorp, in a $5.6 billion deal first announced in 2019.
BP announced Friday completion of its sale of pipeline interests, including its stake in the trans-Alaska pipeline, to Harvest Alaska, an affiliate of Hilcorp, following conditional approval of that part of the deal by the Regulatory Commission of Alaska earlier this week. Documents requested by the commission, due Dec. 28, did not yet show up as filed. The commission’s order also can be appealed.
Providing coverage of Alaska and northern Canada s oil and gas industry
State of Alaska approves Jade 3rd POD
Independent gets go ahead on latest annual plan of development for drilling Sourdough prospect in Point Thomson Area F, Tract 32
Kay Cashman
Petroleum News
On Dec. 14, Alaskas Division of Oil and Gas approved Jade Energys third plan of development for Area F, Tract 32, of the Point Thomson unit, which contains BPs mid-1990s Sourdough oil discovery where Jade plans to drill an appraisal well in first quarter 2022.
The 2012 Point Thomson Unit Settleme..
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