Alaska

INEOS Energy and Shell have partnered to invest in Gulf of Mexico exploration, while Eni reported strong productivity from its Geliga 1 discovery in Indonesia. Santos is advancing its Agogo project in Papua New Guinea, and ConocoPhillips received approval to redevelop several previously producing oil fields in Norway’s Greater Ekofisk Area.

This paper reviews fracturing-program design, completion technology, real-time data collection, data integration, and lessons learned for the Pikka development on the North Slope of Alaska.

Latest 5-year assessment puts undiscovered technically recoverable gas resources on the US Outer Continental Shelf at 218 Tcf.

Cook Inlet leases have been a hard sell for federal or Alaska state authorities for years, given the environmental sensitivity of the area.

The agency also requests feedback related to interest in a possible minerals lease sale offshore Alaska.

The Doyon 26 drilling rig, reportedly the largest mobile land rig in North America, fell on its side while being transported in Alaska’s North Slope, sending eight people to area clinics for treatment of non-life-threatening injuries.

A series of major advances will move Phase One of the Alaska LNG Project from the development phase into execution.

The US Energy Information Administration said it expects US crude oil production to stay close to 2025 levels in 2026 before dipping in 2027.

Alaskan oil is entering a renaissance driven by a predicted 13% upswing in 2026 production, the largest since the 1980s, and a possible reboot of LNG exports to Asia from the Kenai Peninsula, supplied via pipeline from the North Slope.

Proposed and final notices of sale represent nearly 80 million acres in the Gulf of Mexico and approximately 1 million acres in Alaska’s Cook Inlet.