Alaska North Slope production averaged 479,361 barrels per day in May, up 0.3%, 716 bpd, from an April average of 477,907 bpd and up 3.96% from a May 2024 average of 461,101 bpd. Crude averaged ...

Three North Slope facility projects are approved or in the works, according to the Alaska Department of Natural Resources' Division of Oil and Gas. The division has approved ConocoPhillips Alaska's ...

Annual plans of development for three of Hilcorp Alaska's Cook Inlet area properties, two small gas fields and a gas storage pool, have been approved for Aug. 1 through July 31, 2026. In June 26 ...

Donkel Oil and Gas submitted a plan of exploration, or POE, for the Greater Point Thomson unit, or GPTU, as part of its application to form the unit (see related stories in last week's Petroleum News) ...

Construction Machinery Industrial LLC said June 17 that Volvo Construction Equipment recently announced a significant expansion of its manufacturing footprint in North America, investing $261 million ...

The Regulatory Commission of Alaska has approved the first tranche of reliability standards developed by the Railbelt Reliability Council for the Railbelt electricity generation and transmission ...

Point Thomson operator Hilcorp Alaska is planning work at the unit to prepare for future drilling activity. No date is given for drilling, but projects to prepare for drilling are in 2025 and 2026, ...

Cook Inlet natural gas averaged 193,855 thousand cubic feet per day in May, down 252 mcf per day, 0.13%, from an April average of 194,107 mcf per day and down 4.97% from a May 2024 average of 203,995 ...

The Alaska Oil and Gas Conservation Commission is proposing to fine Hilcorp Alaska $88,000 for perforating two Beluga River wells, BRU 241-23 and BRU 211-35, at shallower depths than those approved.

ASRC Energy Services Alaska has received authority from the Alaska Department of Natural Resources' Division of Oil and Gas to extend its methane hydrate production test program at the 7-11-12 pad on ...

An underlying message from the Energy Institute's Statistical Review of World Energy for 2024 is that, while the year saw a significant surge in global energy demand, the manner in which energy was ...

Alaska North Slope crude surfed near to but not below $70 per barrel after a crude price plunge -- precipitated by a shrinking war premium -- spawned a trading week that saw West Texas Intermediate ...