Alaska
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The $5.6-billion deal includes the Prudhoe Bay field and the Trans Alaska Pipeline and vaults Hilcorp to be the second-largest Alaska producer and reserves holder, behind only ConocoPhillips. -
This paper presents the data collected by an ultrasound downhole scanner, demonstrating a novel method for diagnosing multilateral wells.
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Electrical-submersible-pump (ESP) technology is a proven artificial-lift method for shallow, low-pressure reservoirs such as those found in the West Sak viscous oil field in Alaska.
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A bipartisan group of House lawmakers introduced legislation that would ban oil and natural gas drilling in Alaska’s Arctic National Wildlife Refuge.
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The green light comes 4 years after the privately-held firm filed its development and production plan. Liberty Island would consist of gravel, stretch 9 acres, and sit just a few miles offshore.
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Despite the uncertainty spawned by China’s recent decision to levy tariffs on US LNG imports, AGDC said it is still targeting a sale and purchase agreement with Chinese companies by the end of this year.
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The Alaska Gasline Development Corp., a state-owned corporation, is preparing an equity offering for this summer for its $43-billion LNG project. BP agreed to sell natural gas from Prudhoe Bay for export to Asia-Pacific.
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The Trump administration will begin the environmental review process for oil and gas drilling on a section of the Arctic National Wildlife Refuge, a region in northern Alaska rich in crude but prized by conservationists.
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Major oil discoveries by Armstrong Oil & Gas and ConocoPhillips have compelled the US Department of the Interior to reassess its estimate of undiscovered, technically recoverable resources in parts of Alaska.
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ConocoPhillips is producing more oil from the North Slope as it advances development of the massive, historic region. The 1H NEWS viscous oil project is expected to flow 8,000 b/d at peak in 2018.
