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Drilling Augustine '25 - April 21, 2024 - Petroleum News

On April 16, GeoAlaska told Petroleum News that effective April 1, the Alaska Department of Natural Resources granted GeoAlaska a geothermal prospecting permit (ADL 394374) covering 7,299 acres on Augustine Island. This acreage expands GeoAlaska ....

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EIA: US production continues to grow - April 14, 2024

Domestic crude oil production continues to grow, the U.S. Energy Information Administration said in its April Short-Term Energy Outlook, released April 9. In 2023, U.S. crude production averaged 12.9 million barrels per day and is forecast to increase to 13.2 million bpd this year and to 13.7 millio. ....

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State issues proposed carbon offsets regs - April 14, 2024

The Alaska Department of Natural Resources has a draft out for public comment of regulations for a portion of its carbon offset program.
In a March 28 press release, DNR said the regulations stem from Senate Bill 48, enacted last year. That bill created two pathways for developing carbon storage pr. ....

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