Tegan Hanlon, Alaska's Energy Desk - Anchorage

Avatar
45 POSTS 0 COMMENTS
Caribou graze on the coastal plain of the Arctic National Wildlife Refuge, with snowcapped peaks of the Brooks Range as a backdrop. (USFWS)

The Trump administration is moving to sell leases in ANWR, but will anyone show up for a sale?

Oil and gas companies aren’t talking publicly about whether they’d bid. But one industry analyst says she’d expect interest in a lease sale to be “lukewarm.”

Trump administration rushes to sell oil rights in Arctic National Wildlife Refuge

The official "call for nominations" launches a 30-day comment period. It will also allow the Bureau of Land Management to move forward with a lease sale, which it must announce 30 days in advance.
An aerial view of one of the exploration pads and wells that ConocoPhillips drilled during the 2018 exploration season at its Willow prospect.

Trump administration approves Conoco’s Willow project in National Petroleum Reserve-Alaska

Interior Secretary David Bernhardt signed the record of decision for the Willow project on Monday, earning praise from Alaska's Republican Congressional delegation and governor, and condemnation from environmental groups.

Conflicting claims, big money at heart of debate on Alaska’s oil taxes

Ballot Measure 1 — or the “Fair Share Act” — is an initiative that supporters say would fix Alaska’s oil tax law while opponents argue it would jeopardize Alaska’s economy.
A portrait of former SAE Exploration Chairman and CEO Jeff Hastings in Juneau from 2017.

Former executive of SAExploration arrested on charges of wire fraud, securities fraud

The Houston-based company provides seismic data to oil-and-gas companies.
On a cloudy, twilight winter day, an oil platform an be seen rising in the water.

Feds to study impacts of potential oil and gas lease sale in Alaska’s Cook Inlet

It’d be the first federal lease sale in the Cook Inlet since 2017.

‘We will give you one heck of a fight’: Lawsuits filed against oil drilling plan for Alaska’s Arctic Refuge

The Gwich'in Steering Committee and more than a dozen environmental groups are suing the Trump administration over its controversial plan to open up a northern part of the Arctic National Wildlife Refuge to oil and gas development.

Alaska judge dismisses lawsuit against backers of oil tax initiative

Superior Court Judge Thomas Matthews says the law that prohibits paying signature gatherers no more than than $1 per name is an “unconstitutional restriction on free speech.”

State gives Italian oil giant six more months to make $2.7M rent payment on Alaska leases

It’s the third such extension granted by DNR in the past three months. The department cited the coronavirus pandemic’s dire impacts as the reason to give companies more time to pay.

Hilcorp quietly takes over BP’s stakes in Prudhoe Bay and other Alaska oil fields

Hilcorp Alaska announced in a written statement Wednesday morning that it has taken over BP’s interests in the Prudhoe Bay, Milne Point and Point Thompson fields.
A swampy tundra area as seen from above

Trump administration wants to open millions of more acres to oil development on Alaska’s North Slope

The administration is proposing to open 82% of the National Petroleum Reserve-Alaska to oil and gas leasing, a move staunchly opposed by environmental groups.

DNR to complete its review of BP sale this week

DNR Commissioner Corri Feige says that will allow the companies to close a piece of their deal by June 30th.

Alaska superior court judge orders state to correct its summary of the oil-tax initiative

Superior Court Judge William Morse sided with proponents of the ballot initiative, saying Meyer did not provide an impartial summary.

State regulators fine Hilcorp $30,000 for meter-related violations on Kenai Peninsula

The regulators cited the company’s history of violations as a factor behind the penalty.

BP Alaska is donating the code for a new online program to track workers’ health

The oil and gas company says it wanted to create a new way to keep tabs on employees’ temperatures and any symptoms that could be consistent with the coronavirus, so it partnered with Resource Data to create a digital hub.
pipeline

Alyeska ends its cut to North Slope oil production as demand improves

Storage concerns had driven the company to cut oil flow down the trans-Alaska pipeline by as much as 15% earlier this month.

In the time of social distancing, Alaska holds its first online oil and gas lease sale

It’s a new way of doing business for the state department that has long relied on in-person auctions and sealed bids.

Trans-Alaska pipeline operator increases oil flow, demand creeps back

Demand for oil is starting to creep back as the economy reopens, and oil producers globally have made major cutbacks to production.

Hilcorp, BP want many of their answers to state regulators’ questions kept confidential

The companies are petitioning the Regulatory Commission of Alaska to keep a list of documents and other information confidential, including details about whether the recent turmoil in the industry has impacted Hilcorp’s ability to pay for the $5.6 billion deal.

ConocoPhillips to cut its Alaska oil production in half due to ‘unacceptably low’ prices

Conoco will cut oil production in Alaska by about 100,000 barrels per day for the month of June. That's about a fifth of the crude that typically flows down the trans-Alaska pipeline.