Heading back Armstrong to drill Sockeye-2 exploration well on eastern North Slope Kay Cashman. Petroleum News. Bill Armstrong's Lagniappe Alaska is returning to the eastern North Slope this winter to drill the Sockeye-2 exploration well on state of Alaska acreage approximately 8 miles southeast of Badami, within the Lagniappe-operated oil and gas lease block.

Work on the construction of a new liquefied natural gas plant on the North Slope is progressing, Harvest Alaska LLC told the board of Interior Gas Utility on Jan. 7. Commissioning of the facility is now expected in late February and early March, with startup of the plant in …

Narwhal unit approved Commits to drilling 2 exploration wells in 2026 to evaluate Nanushuk Kay Cashman. Petroleum News. On Nov. 1 the Alaska Department of Natural Resources' Division of Oil and Gas approved the formation of the Narwhal unit by joint venture partners Narwhal LLC and EE Partners Corp., which each hold a block of leases in the unit.

AGDC updates legislators on its Alaska LNG and phase 1 proposal - 02/09/2025 (Login to read Full story) Frank Richards, president of the Alaska Gasline Development Corp., provided an update to the Alaska House Finance Committee Jan. 28 on AGDC's $44 billion Alaska LNG Project and on the corporation's phase 1 plan, which would start by building the pipeline so natural gas could be shipped to ...

Crude down, gas up EIA 2025-26 forecasts oil price dropping on supply, gas increasing on demand Kristen Nelson. Petroleum News. The U.S. Energy Information Administration's Short-Term Energy Outlook for January, released Jan. 14, is the first short-term forecast to include 2026, and that forecast sees the Brent crude oil spot price decreasing, from an average of $81 per barrel in 2024 to $74 ...

Finnex: SMU online Southern Miluveach oil flowing into Alpine Pipeline as of Dec. 31 Kay Cashman. Petroleum News. Oil production from the Southern Miluveach unit on Alaska's North Slope began at 5:30 p.m. on Dec. 29 and was expected to begin flowing into the Alpine Pipeline on New Year's Eve, Dec. 31, Harry Bockmeulen of Mustang Holding LLC, a Finnex Operating company and operator of the ...

The U.S. Department of the Interior has denied a request from Hilcorp Alaska for a further suspension of operation for its leases at Liberty offshore the North Slope southeast of the Duck Island unit. The leases are all beyond their initial terms and there has yet …

Fairway extends Armstrong discovers Brookian topset oil plays 65 miles to east. Kay Cashman. Petroleum News. In 2013, Armstrong Oil & 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.

Kuparuk pipeline, pad expansions planned. Kristen Nelson. Petroleum News. ConocoPhillips Alaska has applied for a gravel expansion of its Drillsite 3T pad in the Kuparuk River unit and for new pipelines between the DS 3S and DS 2X pads, both in the area where the company has recently received approval of the Coyote and Torok participating areas.....

2025年1月31日 · ANS holds mid-$70s. Prices cool on surprise US inventory jump, lack of Fed rate cut Steve Sutherlin. Petroleum News. Alaska North Slope crude dropped 92 cents Jan. 29 to close at $74.37 per barrel, while West Texas Intermediate dropped $1.15 to close at $72.62 and Brent dropped 91 cents to close at $76.58.