The Alaska Oil and Gas Conservation Commission has permitted two exploration wells, Badami B1-33 and Cottonfield 6, both after public hearings.
Badami B1-33 was permitted first, on Jan. 26, following a Jan. 23 public hearing (see story in Jan. 28 issue of Petroleum News) called by the commission in.
Cook Inlet Energy, a Glacier Oil and Gas company, operates the Badami unit on the North Slope under a subsidiary, Savant Alaska. CIE met with Alaska Oil and Gas Conservation Commission staff Oct. 5 for a pre-submittal meeting on permits for the Badami B1-33 and B1-33PH wells and submitted the permit.
Each oil and gas company job supports 15 other jobs, and each dollar in oil and gas industry wages yields $4 in other Alaska wages, according to a McKinley Research report that was presented by Katie Berry at the Alaska Oil and Gas Association