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Anchorage, United States · AnchorageThe Department of Natural Resources' Division of Mining, Land and Water said in an April 19 North Slope off-road travel status report that both eastern and western coastal areas remain open.
The eastern area opened Jan. 11 and the western area Jan. 16, the division said, while both lower and upper...See the Story
Coastal areas remain open for tundra travel - April 28, 2024
Anchorage, United States · AnchorageLagniappe is a Cajun word that loosely translates into "little something extra" or "a good unexpected surprise" -- apropos for the Nanushuk play on the North Slope, which Armstrong and a partner first drilled and identified as a huge oil reservoir in 2013 (Qugruk 3 well). The discovery led to the Pi...See the Story
Sidebar: Little something extra - April 28, 2024
Anchorage, United States · AnchorageNorth Slope crude shed 38 cents April 24 to close at $88 per barrel, squeaking out a Wednesday-to-Wednesday gain of 8 cents from its close of $87.92 April 17. West Texas Intermediate slid 55 cents to close at $82.81 and Brent slid 40 cents to close at $88.02.
Prices slid despite a surprise massive d...See the Story
ANS ekes weekly gain - April 28, 2024
Anchorage, United States · AnchorageOnline bidding for spring state areawide oil and gas lease sales will begin May 20 and close June 6, the Alaska Department of Natural Resources' Division of Oil and Gas said in an April 22 notice of sale, with bidding results available to the public on the division's website at 9 a.m. June 12.
Sales...See the Story
Spring sales begin May 20, close June 6 - April 28, 2024
Anchorage, United States · AnchorageIn 2013, Armstrong Oil and Gas Inc., along with its partner Repsol, kicked off one of the hottest exploration plays in the world west of Alaska's central North Slope in the Pikka field.
This discovery was followed by other Pikka lookalikes: Brookian topset plays such as Willow, Stirrup, Mitquq and Coy...See the Story
Fairway extends - April 28, 2024
Anchorage, United States · AnchorageA third party engineering firm sees "a lot of upside potential for natural gas behind pipe and elsewhere" in the West Cook Inlet Nicolai Creek unit, which has been operated by Amaroq Resources for 7 years, Amaroq President G. Scott Pfoff told Petroleum News April 22.
"They have confirmed that our ex...See the Story
Upside in gas reserves assessed for W Cook Inlet unit, capital req. - April 28, 2024
BP · AnchorageEditor's note: This story first appeared in the April 18, 2004, issue of Petroleum News.
When a single horizontal well was drilled to viscous oil on Alaska's North Slope in 1999, producers had taken what proved to be a significant step toward economic development of the 15 billion barrel resource.
...See the Story
This month in history: BP has conceptual breakthrough on viscous - April 21, 2024
Anchorage, United States · AnchorageAccording to drilling data published by the Alaska Oil and Gas Conservation Commission, 46 development wells were completed on the North Slope in 2023. That compares with 71 completions in 2022 and 91 in 2019. There were few North Slope wells drilled in 2020 and 2021 because of COVID related restric...See the Story