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Keyword: northslope

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  • Collaboration, Clear Rules Needed for Arctic O&G Development

    03/01/2011 7:50:32 AM PST · by thackney · 1 replies
    Rig Zone ^ | Feb 28, 2011 | Rigzone Staff
    The world's remote, largely undeveloped Arctic regions, characterized for its extreme temperatures, unique biota and presence of ice most of the year, could play a critical role in meeting global energy needs as demand rises, production falls and more easily accessible oil and gas resources dwindle, according to energy industry officials at the Arctic Technology Conference in Houston earlier this month. David Lawrence, executive vice president of exploration and commercial for Shell's Upstream division, said, "We can't just rely on renewable energy to maintain energy security and economic development and standard of living. Hydrocarbons will still be needed to meet...
  • Independents: There are ways to stem declining oil flow in line {Alaska Oil Pipeline}

    02/26/2011 6:24:49 AM PST · by thackney · 15 replies
    Petroleum News ^ | Week of February 27, 2011 | Kristen Nelson
    The declining flow of crude in the trans-Alaska oil pipeline could be stemmed, independent companies operating in the state said Feb. 18, and illustrated to the House Resources Committee two ways that could happen. AVCG, Brooks Range Petroleum Corp. and Great Bear Petroleum LLC, testifying in favor of the governor’s proposal to increase investment by reducing oil taxes, House Bill 110, discussed two ways increased volumes of oil could be increased. AVCG LLC, formed in 2000, is the holding company for Brooks Range Petroleum Corp. BRPC was established as the operating company for AVCG and has been drilling on the...
  • TAPS safety questioned {trans-Alaska oil pipeline}

    02/21/2011 10:22:19 AM PST · by thackney · 4 replies
    Petroleum News ^ | Week of February 20, 2011 | Wesley Loy
    Following January leak, pipeline regulators cite risks, hand Alyeska to-do list - - - - - The operator of the trans-Alaska oil pipeline expects to make a prompt reply to federal regulators, who on Feb. 1 issued a proposed order to address problems they say could pose a public safety risk. Michelle Egan, spokeswoman for Alyeska Pipeline Service Co., told Petroleum News on Feb. 14 her company’s reply letter was “in the draft review stage.” She further said Alyeska is likely to take issue with parts of the eight-page notice it received from the Pipeline and Hazardous Materials Safety Administration,...
  • Trans-Alaska pipeline poses risks, regulators say

    02/12/2011 5:13:00 AM PST · by thackney · 15 replies
    AP via Fuel Fix ^ | February 11, 2011 at 7:28 pm | DAN JOLING
    A federal pipeline safety office investigation says the trans-Alaska pipeline poses a risk to public safety and the environment and that issues tied to corrosion, inspection and pipeline restarts after shutdowns must be addressed. The Pipeline and Hazardous Materials Safety Administration handed Alyeska Pipeline Service Co. a list of proposed corrective measures tied to challenges that have spun off from having too little oil in the 48-inch diameter, 800-mile pipeline. The pipeline currently operates at less than one-third capacity from its peak of 2.1 million barrels per day. Less through-put means decreased crude oil temperatures and conditions that lead to...
  • Alaska groups propose dropping TransCanada's pipeline project

    02/07/2011 11:03:16 AM PST · by thackney · 21 replies
    Calgary Herald ^ | February 7, 2011 | Dina O'Meara
    Law makers in Alaska called on TransCanada Corp. to fish or have their state-sponsored bait cut, introducing a bill Friday to abandon backing the massive project unless the company proves it has firm shipper commitments. The bill introduced by four Republican representatives Friday, raises questions about the future of the massive $30-$40 billion line that would ship natural gas from Alaska's North Slope to Alberta. An open season, where pipeline companies seek commitment from shippers to fill up their lines, came back without formal agreements last year, leading to the bill being introduced by disgruntled state representatives. TransCanada said it...
  • Shell defers drilling plan to 2012; still needs air quality permit

    02/04/2011 2:11:56 PM PST · by thackney · 4 replies
    Petroleum News ^ | Week of February 06, 2011 | Alan Bailey
    Faced with continuing permitting uncertainty following the Environmental Appeals Board remand of the U.S. Environmental Protection Agency’s air quality permit for its planned Beaufort Sea drilling, Shell has abandoned its plan to drill in the Beaufort in the summer of 2011, deferring that plan into 2012. “This is not an environmental issue,” said Pete Slaiby, vice president for Shell Alaska, in a Feb. 3 media briefing about Shell’s drilling decision. “We have made significant and voluntary capital improvements in the air emissions technology we have applied to the entire (drilling) program that will allow us to have almost no material...
  • Shell scraps bid to drill off Alaska’s coast this year

    02/03/2011 8:15:21 PM PST · by Nachum · 9 replies · 2+ views
    The Hill ^ | 2/3/11 | Ben Geman
    Shell Oil announced Thursday that it's abandoning efforts to drill in icy waters off Alaska’s northern coast this year, a decision that prompted Alaska's senators to accuse the Obama administration of blocking access to large domestic supplies. The company’s plans to drill in Arctic waters have long been under attack from environmental groups. The Interior Department, after the BP oil spill, halted the oil giant’s plan to drill in 2010. Now the company – which is awaiting air quality permits and Interior’s permission – is throwing in the towel on 2011 too. The Houston Chronicle reports:
  • Shell: No Beaufort Sea drilling in Arctic for 2011

    02/04/2011 5:07:56 AM PST · by Hojczyk · 8 replies
    Yahoo Finance ^ | Feb. 3 ,2011 | Dan Joling
    Shell Alaska has dropped plans to drill in the Arctic waters of the Beaufort Sea this year and will concentrate on obtaining permits for the 2012 season, company Vice President Pete Slaiby said Thursday. The recent remand of air permits issued by the Environmental Protection Agency was the final driver behind the decision, Slaiby said at a news conference. Alaska receives upward of 90 percent of its general fund revenue from the petroleum industry,
  • Alaska lawmakers propose ditching Palin gas line program

    02/04/2011 2:00:06 PM PST · by thackney · 15 replies
    Anchorage Daily News ^ | February 4th, 2011 | BECKY BOHRER
    Leading state lawmakers introduced legislation Friday to abandon a centerpiece of former Gov. Sarah Palin's administration: a state-sanctioned effort to advance a major natural gas pipeline. The measure from Alaska House Republicans underscored the impatience and skepticism that many lawmakers have expressed about the current process and a belief the state is no closer than it was several years ago to realizing the long-hoped-for line. Under the Alaska Gasline Inducement Act championed by fellow Republican Palin, the state promised TransCanada Corp. up to $500 million to advance a line. TransCanada won the exclusive license in 2008. The state has reported...
  • Alaska oil line facing higher risks as output falls: analysis

    01/23/2011 5:22:16 AM PST · by thackney · 22 replies · 1+ views
    Reuters via Calgary Herald ^ | January 21, 2011 | Joshua Schneyer and Yereth Rosen
    Last week's shutdown of the Trans Alaska Pipeline System, a major artery for U.S. oil, may signal trouble ahead for Alaska's aging oil infrastructure, including more frequent incidents that could damage the environment and cause oil prices to soar. Workers braved sub-zero temperatures to install a bypass around a small leak at TAPS, allowing the line that ships 12 per cent of domestic crude supplies to restart on Monday, and halting the advance of oil prices toward $100 a barrel. But the smooth fix belies an ominous lesson from last week's near disaster. Officials and experts said shutdowns at TAPS...
  • Alaska Offshore Special Report: Reviews stall Liberty project

    01/22/2011 3:50:39 PM PST · by thackney · 6 replies · 1+ views
    Petroleum News ^ | Week of January 23, 2011 | Eric Lidji
    When BP discovered Liberty in 1997, it planned to develop the 100 million barrel offshore oil field by building a dedicated drilling island in the Beaufort Sea. That’s how BP developed two other nearshore Beaufort Sea projects: Endicott and Northstar. Ultimately, though, BP chose a more innovative approach: using ultra-extended-reach drilling to develop Liberty from an extended manmade gravel island at Endicott. To accomplish that task, BP commissioned one of the most powerful rigs in the world, a $200 million Parker Drilling Co. rig designed to drill eight-mile-long directional wells. That plan would have significantly reduced the footprint of the...
  • Parnell proposes changes to oil, gas tax to boost production

    01/18/2011 9:53:23 AM PST · by thackney · 3 replies
    Anchorage Daily News ^ | January 17th, 2011 09:54 PM | BECKY BOHRER
    Gov. Sean Parnell is proposing sweeping changes to Alaska's oil and gas production tax, an effort that he says is aimed at boosting oil production and creating more jobs for Alaskans. Among other things, the bill, proposed on the eve of the legislative session, would alter the tax rate assessed under the barely-3-year-old tax regime known as Alaska's Clear and Equitable Share, or ACES, one of Sarah Palin's legacies from her partial term as governor. The tax-rate change alone would cost the state treasury more than $5.2 billion between fiscal years 2013 and 2017, according to an analysis released by...
  • Gas pipeline group still lacks shipping deals

    01/18/2011 9:48:32 AM PST · by thackney · 1 replies
    Anchorage Daily News ^ | January 18th, 2011 | RICHARD MAUER
    Christmas came and went, and then the new year, and Alaska is still waiting for its present from TransCanada -- signed agreements with gas shippers that would show its North Slope pipeline project is moving forward. "We did set out a target, and sometimes you achieve it and sometimes it takes you a little bit longer," said Tony Palmer, TransCanada Corp.'s vice president of Alaska development. "This is a very large and complex project." Palmer's company, with partner Exxon Mobil, has a state license and state subsidies to build the multibillion-dollar line as the Alaska Pipeline Project. He had expressed...
  • Oil is flowing with restart of Alaska pipeline

    01/17/2011 12:40:22 PM PST · by markomalley · 16 replies
    Oil is once again flowing through the trans-Alaska pipeline after a weekend shutdown to repair a leak at a North Slope pump station. Michelle Egan, spokeswoman for the Alyeska Service Pipeline Co., says oil began flowing Monday morning. She says the goal for the next 24 hours is to bring the 800-mile pipeline up to 500,000 barrels a day. Before the leak was discovered more than a week ago, the pipeline was carrying about 630,000 barrels a day. Egan says crews completed work on a 157-foot bypass line to go around the leak. The pipeline in Alaska delivers about 13...
  • ANWR wilderness bill back again; Begich pans ‘predictable’ offering

    01/17/2011 10:32:40 AM PST · by thackney · 11 replies
    Petroleum News ^ | Week of Jan 16, 2011 | Wesley Loy
    An East Coast congressman has reintroduced perennial legislation to designate the coastal plain of the Arctic National Wildlife Refuge as wilderness. Rep. Edward Markey, D-Mass., has offered the Arctic Wilderness Act in every Congress since 2001. The last time he introduced the bill, in January 2009, it died in committee. After Republicans took control the House of Representatives on Jan. 5, Markey rose to become the top-ranking Democrat on the House Natural Resources Committee. Alaska Sen. Mark Begich, a Democrat, quickly blasted Markey’s wilderness bill. “I’ll make Congressman Markey a deal. I won’t legislate for Massachusetts and he stays out...
  • Oil taxes, gas pipeline keys to Parnell legislative agenda

    01/17/2011 10:25:21 AM PST · by thackney · 15 replies
    Anchorage Daily News ^ | January 16th, 2011 11:23 PM | SEAN COCKERHAM
    ... Alaska lawmakers are describing the battle over oil taxes as the defining issue of the legislative session. Tax opponents count on a push from Parnell to help them lower how much the companies are required to pay the state. "I am glad to hear the governor has finally come out and supported looking at the taxes and looking at what revisions may need to be made to move Alaska forward," House Speaker Mike Chenault said at a recent policy forum. Parnell supported the 2007 oil tax increase when he was Palin's lieutenant governor and didn't propose fundamental changes as...
  • Cold forces temporary restart of trans-Alaska oil pipeline

    01/12/2011 9:29:36 AM PST · by thackney · 21 replies
    Anchorage Daily News ^ | January 12th, 2011 07:52 AM | LISA DEMER
    Day 4 of the trans-Alaska oil pipeline shutdown: The biggest operator on the North Slope was preparing to pump oil back into the ground. Environmental officials were supporting a plan that allows some more oil to leak in order to prevent bigger problems. And a whirlwind of activity was under way to make repairs and get oil pulsing through the pipeline again. As temperatures dropped at Prudhoe Bay and the shutdown of the 800-mile pipeline continued Tuesday, federal and state regulators agreed to allow Alyeska Pipeline Service Co. to temporarily restart the flow of oil even though some will ooze...
  • Oil pipeline shutdown among longest ever

    01/11/2011 12:11:28 PM PST · by thackney · 19 replies
    Anchorage Daily News ^ | January 11th, 2011 08:34 AM | LISA DEMER
    The shutdown of the trans-Alaska pipeline is likely to extend into a fourth day, making it the third-longest closure in the line's 33-year history. Officials haven't yet announced how or when they intend to restart it, which is challenging in the dead of winter. About 600,000 barrels of crude oil -- some $50 million worth -- that normally would pulse into the pipeline remain in the ground every day it is shut down. North Slope oil field operators are producing only about 5 percent of their usual amount, or about 30,000 barrels a day. Every day of the shutdown costs...
  • Leak at pump station shuts down pipeline

    01/10/2011 1:25:12 PM PST · by skeptoid
    Anchorage Daily News ^ | January 10th, 2011 | CASEY GROVE
    The 800-mile trans-Alaska oil pipeline remained shut down late Saturday after crews discovered a leak at Pump Station 1 on the North Slope earlier in the morning. North Slope oil producers have been asked to cut their production to 5 percent of normal, a level expected to be reached by 9 a.m. today, according to Alyeska Pipeline Service Co., which operates the line and its pump stations.
  • No estimate for reopening of Alaska oil pipeline

    01/10/2011 6:36:35 AM PST · by Truth29 · 24 replies
    ANCHORAGE, Alaska (Reuters) – The Trans Alaska Pipeline was shut for a second day on Sunday, with no indication of when it would reopen, after a leak was discovered at Prudhoe Bay, forcing oil companies to cut production to 5 percent of their average 630,000 barrels per day. The shutdown of one of the United States' key oil arteries, which carries about 12 percent of the country's production, is the latest setback for the aging, 33-year old pipeline, which handles less than a third of the oil it did at its peak in the 1980s.
  • BP closes site over loss in Slope rent dispute {oil production}

    01/05/2011 10:33:28 AM PST · by thackney · 2 replies
    Anchorage Daily News ^ | January 5th, 2011 07:33 AM | ELIZABETH BLUEMINK
    BP shut down a small portion of the Prudhoe Bay oil field last week after a judge ruled that federal regulators failed for years to get approval from the Inupiat Eskimo family that owns the land. The shutdown affects less than 1 percent of production from the nation's largest oil field, but so far it's the most visible consequence of a significant legal victory for the Native family, which has battled lawyers for the federal Bureau of Indian Affairs and BP in federal court over the oil production from its land. Federal claims court judge Nancy Firestone ruled this fall...
  • EIA drops Alaska line {No Alaska Gas Pipeline}

    12/27/2010 8:06:48 PM PST · by thackney · 43 replies · 2+ views
    Petroleum News ^ | Week of December 26, 2010 | Eric Lidji
    In newest forecast agency says shale gas will lower prices below breakeven - - - - - The U.S. Energy Information Administration has removed the Alaska natural gas pipeline from its newest 25-year projection of the domestic energy market to account for the rise of North American shale gas resources, but the agency also notes that the change more likely reflects a possible delay, rather than a death knell, for the long sought-after project. The statistical arm of the U.S. Department of Energy removed the Alaska gas pipeline from its forecast because it expects shale gas production across the U.S....
  • Shell Oil's Gamble: Will It Be Able to Drill in the Beaufort Sea?

    12/20/2010 10:41:52 AM PST · by Al B. · 9 replies
    Politics Daily ^ | December 20, 2010 | Bob Reiss
    It's called a "controlled crash landing." The twin-engine Saab turboprop plane chartered by Shell Oil circled warily above the volcanic peaks of the Aleutian Islands Dutch Harbor last week. It dived through a tiny opening in the clouds and the wheels smacked down amid driving snow. Inside sat about two dozen Alaskan Eskimos and a handful of Shell oil executives. At stake on the trip may be America's next big oil find. Shell wants to drill at least one exploratory oil well north of Alaska in the Beaufort Sea in 2011. The company insists it can do it safely. Members...
  • Conoco keeps the oil flowing at Alpine

    08/02/2010 6:02:26 AM PDT · by thackney · 2+ views
    Petroleum News ^ | Week of August 01, 2010 | Alan Bailey
    As with any oil field, the focus at the Alpine field and its satellites in the Colville River unit on Alaska’s North Slope is on maximizing field value by slowing as much as possible the inevitable production decline that follows peak field production. And the most recent progress report that unit operator ConocoPhillips has filed with the Alaska Department of Natural Resources describes the steps that the company is taking to keep as much as oil as possible flowing from Alpine and its satellites for export through the trans-Alaska oil pipeline, while also looking for new oil development opportunities within...
  • BP asset sale would include part of Prudhoe, report says

    07/13/2010 9:43:09 AM PDT · by thackney · 7 replies
    Anchorage Daily News ^ | 7/12/10 | Associated Press
    BP PLC declined to comment Sunday on a report that it is in talks about possibly selling 8 billion pounds ($12 billion) worth of assets, including a stake in Alaska's Prudhoe Bay oil field, to U.S. oil company Apache Corp. London's Sunday Times said Houston-based Apache was discussing the possibility of acquiring BP assets. The newspaper did not cite a source for its report. BP spokesman Robert Wine and Apache spokesman Bob Dye both said their companies would not comment on "speculation." Natalie Loman, an Alaska-based spokeswoman for ConocoPhillips, which owns about 36 percent of the Prudhoe Bay field, also...
  • BP delays Liberty drilling to 2011, citing expected plan reviews

    07/12/2010 10:17:03 AM PDT · by thackney · 10 replies
    Petroleum News ^ | Week of July 11, 2010 | Kristen Nelson
    BP Exploration (Alaska) will not drill its first Liberty well this year. The company plans to develop the field, offshore the North Slope in the Beaufort Sea west of Prudhoe Bay, with ultra-extended reach wells from the Endicott satellite drilling island. The delay is in response to recent statements by federal and state agencies that they will seek a review of the project, BP spokesman Steve Rinehart told Petroleum News in a July 7 e-mail. “The details and timing of those reviews are not yet clear,” Rinehart said. “If the government seeks additional review of the project, we will of...
  • Environmentalists Also To Blame For Exxon Valdez And Gulf Spills (Duh)

    06/01/2010 5:02:16 PM PDT · by Kaslin · 13 replies · 686+ views
    IBD Editorials ^ | June 1, 2010 | Investors Business Daily staff
    Energy Policy: To save the environment, a senator from Pennsylvania wants to shut off a major source of natural gas. Weren't the roads to the Exxon Valdez and Deepwater Horizon disasters paved with equally good intentions? Environmentalism did not cause the Deepwater Horizon oil disaster, but it did help make it possible, just as 1989's Exxon Valdez disaster, which the Gulf Oil spill has now eclipsed, was also ironically made possible by a desire to protect the environment. The original plan when oil was discovered at Prudhoe Bay on Alaska's North Slope was to build a pipeline directly to the...
  • ANS crude: The missing billion barrels

    04/17/2010 10:49:39 AM PDT · by thackney · 2 replies · 420+ views
    Petroleum News ^ | Week of April 18, 2010 | Wesley Loy
    Alaska Department of Revenue analyzes well data, dials down oil production forecast; AOGCC well-by-well info has been added to mix - - - - - A curious thing happened on the way to Alaska’s latest long-term oil production forecast. We lost a billion barrels. Sound alarming? It’s probably not as bad as it seems. Read on. Declining projection On April 9, the Alaska Department of Revenue released its spring 2010 revenue forecast. The biannual revenue forecast is a vital document, used by the governor and Legislature to plan a state budget extremely reliant on taxes and other revenue from oil...
  • ANWR plain may be proposed for wilderness status

    04/08/2010 9:54:39 AM PDT · by thackney · 13 replies · 474+ views
    Anchorage Daily News ^ | April 8th, 2010 | ERIKA BOLSTAD
    For the first time in two decades, federal wildlife managers will take a look at how they administer the Arctic National Wildlife Refuge, including the possibility of asking Congress to make 1.5 million acres of the long-disputed coastal plain off limits to oil and gas development by designating it as wilderness. Although the U.S. Fish and Wildlife Service's announcement comes less than a week after President Obama's decision to halt drilling in some offshore areas in Alaska and allow it in others, the timing is coincidental. Bruce Woods, the Alaska spokesman for the service, said all U.S. refuges are supposed...
  • Utility boosts plan to truck gas from North Slope to Fairbanks

    04/01/2010 10:12:34 AM PDT · by thackney · 13 replies · 336+ views
    Anchorage Daily News ^ | March 30th, 2010 09:17 PM | Associated Press
    A Fairbanks electric utility has agreed to buy the natural gas that is expected to be trucked into the city by 2012. The policy board of the Golden Valley Electric Association on Monday approved a 15-year contract with the Alaska Gasline Port Authority -- a partnership of municipalities taking out $250 million in loans to buy Fairbanks Natural Gas, build gas processing plants and truck natural gas down from the North Slope. The contract is valued at $12 million to $15 million per year; the port authority will provide about 10 percent of the utility's fuel. Officials who worked on...
  • No Barrow hydrate research funds; wells will be drilled

    02/20/2010 5:50:51 AM PST · by thackney · 8 replies · 393+ views
    Petroleum News ^ | Week of February 21, 2010 | Petroleum News
    The U.S. Department of Energy is no longer funding research into possible methane hydrate deposits in the Barrow gas fields on Alaska’s North Slope, Petroleum News has learned. As a consequence, a North Slope Borough research team involving Petrotechnical Resources of Alaska is no longer proceeding with phase two of the research. “We’re going ahead as a development project and just cutting out the (methane hydrate) science,” Tom Walsh, a managing partner of PRA, told Petroleum News Feb. 17. The team had planned to drill two methane hydrate test wells and four horizontal development wells in the gas fields but...
  • Regulators deny Conoco permit for Alaska's North Slope bridges

    02/11/2010 4:50:34 AM PST · by thackney · 12 replies · 662+ views
    World Oil ^ | 10 Feb 2010 | World Oil
    Federal regulators have denied a request by U.S. oil major ConocoPhillips to build a system of bridges to expand oil drilling on Alaska's North Slope, saying the project would harm aquatic wildlife. The U.S. Army Corps of Engineers denied ConocoPhillips' application to build the bridges over the Colville River, in a decision Friday, saying other alternatives would meet overall project goals while better preserving marine wildlife. Houston-based Conoco plans to appeal the decision, company spokeswoman Natalie M. Lowman said Monday. She added that the company is "disappointed with their decision." Alaska Sen. Lisa Murkowski and the state's governor, Sean Parnell,...
  • ExxonMobil Sees Alaska as Major Natural Gas Supplier

    01/24/2010 5:20:52 PM PST · by thackney · 18 replies · 658+ views
    Rig Zone ^ | January 22, 2010 | Exxon Mobil Corp.
    With large North Slope resources, Alaska has the opportunity to be a major supplier of natural gas to North America, Rich Kruger, president of ExxonMobil Production Company, said today in a keynote address at the 2010 Meet Alaska Conference in Anchorage. The development of natural gas at Point Thomson stands out as a great example of the opportunity. Kruger said, "It is currently one of Alaska's largest active North Slope projects in execution phase, providing new jobs and investment in the state. ExxonMobil wants to see Point Thomson developed. We believe it underpins the success of the Alaska Pipeline Project....
  • Shell One Step Closer to Drilling in Beaufort, Chukchi Seas

    01/19/2010 5:18:32 AM PST · by thackney · 6 replies · 419+ views
    Alaska Journal of Commerce via Rig Zone ^ | Jan 18, 2010 | Tim Bradner
    Shell Oil is a step closer to testing oil and gas prospects in the Beaufort and Chukchi seas this summer. The U.S. Environmental Protection Agency has issued a draft air quality permit for Shell's 2010 exploration program in the Alaska Chukchi Sea, and the company says it is now "guardedly optimistic" that it will be able to clear hurdles in time to drill in the summer open-water season in the Arctic, a Shell official said Jan. 8. Pete Slaiby, Shell's vice president for Alaska, said the agency's release of a final draft air permit, actually a second version of an...
  • West Alpine on hold {Fed delays Alaska developement}

    01/16/2010 6:45:15 AM PST · by thackney · 8 replies · 804+ views
    Petroleum News ^ | Week of January 17, 2010 | Kristen Nelson
    Without corps permit, ConocoPhillips can’t start work in 2010-11 winter season - - - Work on ConocoPhillips Alaska’s Alpine West or CD-5 satellite — the first satellite planned for development in the National Petroleum Reserve-Alaska — has been delayed by at least a year. The company had planned to begin construction in the winter of 2010-11, with two winter construction seasons required. While the company received permits it needs from the North Slope Borough and the State of Alaska, it has not received its 404 permit from the U.S. Army Corps of Engineers, Helene Harding, vice president of North Slope...
  • Lawyers debate BP motion over state's $1 billion lawsuit

    12/28/2009 4:24:39 AM PST · by thackney · 3 replies · 370+ views
    Petroleum News via Anchorage Daily News ^ | December 27th, 2009 09:02 PM | WESLEY LOY
    A lawyer for BP last week urged a judge to dismiss much of the state's lawsuit against the company seeking $1 billion or more in damages for the 2006 pipeline spills in the Prudhoe Bay oil field. Jeff Feldman, a private Anchorage attorney representing BP, argued in a hearing before state Superior Court Judge Peter Michalski that the state is improperly pushing tort claims for damages. He also said some of the case should be deferred for now to the Alaska Oil and Gas Conservation Commission, which has expertise on the subject of waste in production of the state's oil...
  • BP may face third criminal violation after recent Slope spill

    12/21/2009 5:18:58 AM PST · by thackney · 8 replies · 546+ views
    Anchorage Daily News ^ | December 20th, 2009 10:49 PM | LISA DEMER
    As cleanup continues on one of the biggest oil spills ever on Alaska's North Slope, criminal and civil investigations are under way into the circumstances of the pipeline's rupture. The criminal investigatory arm of the U.S. Environmental Protection Agency joined with the FBI and others to examine what led the pipeline to split open in late November, officials said. An estimated 46,000 gallons of crude oil and water poured from a 2-foot-long gash onto the snowy tundra, cleanup officials say. "The (EPA) Criminal Investigation Division is continuing to work in concert with our federal and state partners, and British Petroleum,...
  • Heavy oil may be future of Slope; legislators seek inclusion {Alaska}

    12/15/2009 5:03:06 AM PST · by thackney · 19 replies · 772+ views
    Anchorage Daily News ^ | December 14th, 2009 09:12 PM | Associated Press
    Heavy oil is thick as honey and hard to pump out of the ground. That's where most of it has stayed while lighter crude is available. But heavy oil may be the future of Alaska's petroleum development, despite higher costs and more environmental concerns… … Lawmakers will be interested in knowing whether some of the North Slope's vast natural gas resources would be best used helping to reach heavy oil fields. "If we want to develop new sources within known fields, then you have to talk about heavy oil," said Paskvan, D-Fairbanks. … The North Slope has an estimated 30...
  • Parnell orders review of oil tax laws

    12/10/2009 4:57:19 AM PST · by thackney · 10 replies · 703+ views
    Anchorage Daily News ^ | December 9th, 2009 10:17 PM | SEAN COCKERHAM
    Gov. Sean Parnell is reviewing whether to change state oil tax laws implemented under Sarah Palin, as oil companies blame the taxes for driving investment dollars from Alaska to other parts of the world. The governor said Wednesday that he has asked the state Department of Revenue to evaluate whether any "tweaks" should be made to the tax system that could lead directly to more jobs for Alaskans. He said he's also spoken with oil companies. "My bottom line, if they need tax changes, and it will result in more investment, I'm all for it," Parnell said in an e-mail....
  • Spill is among worst ever on North Slope {Alaska}

    12/09/2009 5:06:54 AM PST · by thackney · 35 replies · 1,214+ views
    Anchorage Daily News ^ | December 8th, 2009 11:53 PM | LISA DEMER
    Officials have found a 24-inch jagged rupture in a pipeline that began pouring oil and water Nov. 29, creating one of the biggest North Slope crude oil spills ever. The on-scene coordinator for the state Department of Environmental Conservation, Tom DeRuyter, said Tuesday that the breach on the bottom of the pipe was the biggest he had ever seen and indicative of the incredible pressure the pipeline was under when it split. Workers located the source of the leak Monday after cleanup crews hauled away spilled crude and contaminated snow and ice that had been obscuring the area. Officials say...
  • BP cleaning up after second pipeline leak

    12/04/2009 3:11:44 PM PST · by thackney · 8 replies · 460+ views
    Calgary Herald ^ | December 4, 2009 3:02 PM | Reuters
    British oil giant BP PLC has begun cleaning up a second pipeline leak at its Prudhoe Bay operations in Alaska this week, after fluid spilled from a flow line Wednesday. The incident did not impact oil production in Prudhoe Bay, the largest U.S. oilfield complex, a BP spokesman said Friday. The leak in the six-inch (15-centimetre) diameter flow line, which was discovered Wednesday, spilled about 27,030 litres of a watery mixture known as produced water into an operational building and an outdoor gravel area, Alaska’s Department of Environmental Conservation said in a situation report late Thursday. The spill was the...
  • Crews cleaning Prudhoe Bay oil spill now gauged at 3/4 of an acre

    12/02/2009 5:15:05 AM PST · by thackney · 14 replies · 513+ views
    Anchorage Daily News ^ | December 1st, 2009 09:55 PM | JAMES HALPIN
    Cleanup efforts continued Tuesday on a three-quarter-acre area of tundra affected by a spill of oil and water near BP's Lisburne Processing Center on the North Slope. More than half of the affected area was coated by a sprayed mist from an 18-inch flow line, a pipeline that carries raw oil, water and gas to the center for separation… Late Tuesday it remained unclear how much oil had spilled or why the pipeline leaked. … The new spill was discovered Sunday afternoon. Cleanup of contaminated snow began late Monday, with 12 workers removing 40 cubic yards of contaminated snow with...
  • US Govt Sues BP Exploration over Oil Spills in Alaska's North Slope

    04/01/2009 8:31:56 AM PDT · by thackney · 9 replies · 711+ views
    Rig Zone ^ | April 01, 2009 | U.S. Department of Justice
    The United States has filed a civil complaint against BP Exploration (Alaska) Inc. (BPXA) alleging that the company violated federal clean air and water laws, the Justice Department, U.S. Environmental Protection Agency (EPA), and the U.S. Department of Transportation announced today. According to the complaint, filed in U.S. District Court in Anchorage, Alaska, BPXA illegally discharged more than 200,000 gallons of crude oil from its pipelines onto the North Slope of Alaska during two major oil spills in the spring and summer of 2006. The complaint alleges that BPXA failed to prepare and implement spill prevention, countermeasure and control plans...
  • Oil chief complains of 'clumsy' government

    02/25/2009 7:20:21 PM PST · by thackney · 15 replies · 378+ views
    Anchorage Daily News ^ | February 25th, 2009 | ERIKA BOLSTAD
    Shell Oil Co.'s chief executive for North America, Marvin Odum, complained today that regulatory red tape has slowed the company's $2 billion investment in offshore leases in Alaska. Coordination among government agencies overseeing offshore drilling has been "clumsy" in Alaska, Odum suggested after his testimony at a House of Representatives panel examining issues related to drilling in the outer continental shelf. When new areas are open to exploration, the federal government needs to make sure the regulatory agencies have adequate resources to handle the demands of the companies who've been awarded the leases, Odum said. "Getting that done, the permits...
  • Exxon regains two North Slope leases

    01/28/2009 5:16:32 AM PST · by thackney · 19 replies · 583+ views
    Anchorage Daily News ^ | January 27th, 2009 11:54 PM | WESLEY LOY
    A partial truce was reached Tuesday in the bitter legal battle for control of a rich but dormant North Slope oil and gas field, as state officials reversed course and gave Exxon Mobil Corp. permission to proceed with a drilling campaign. Exxon and its partners had been on lockout status after regulators took away their leases on state land in the 106,201-acre Point Thomson field due to lack of development over three decades. Hoping to hang on to its leases, Exxon last year rolled out a plan to drill wells this winter and start producing by 2014 -- a plan...
  • Palin supports in-state gas line

    01/27/2009 9:46:05 AM PST · by markomalley · 8 replies · 457+ views
    Juneau Empire ^ | 1/26/2009 | Tim Bradner
    Gov. Sarah Palin told state legislators in her annual State of the State speech Jan. 22 that she will introduce legislation to encourage construction of an in-state natural gas pipeline from the North Slope to Southcentral Alaska, but stopped short of endorsing one of two proposals now on the table for in-state pipelines. Palin said she wants a system that will deliver 460 million cubic feet per day of gas from the North Slope to the state's communities in Interior and Southcentral Alaska within five years. "We're facilitating a smaller, in-state gasline with legislation we'll hand you next month. It...
  • Conoco cuts 20%

    01/24/2009 3:17:04 PM PST · by thackney · 4 replies · 259+ views
    Petroleum News ^ | Week of January 25, 2009 | Eric Lidji
    In the most significant response yet to the recent drop in oil prices, ConocoPhillips is budgeting a 20 percent reduction in capital spending in Alaska for this coming year. The reductions are not expected to impact major programs or exploration drilling, though, and ConocoPhillips has not yet determined whether a staffing cut will extend to Alaska. On Jan. 16, the Houston-based oil company unveiled a $12.5 billion capital-spending program for 2009, an 18 percent reduction from the $15.3 billion budgeted for 2008. Although ConocoPhillips did not give a dollar amount for the spending planned in Alaska, spokeswoman Natalie Lowman said...
  • North Slope Producers Do Better Than Expected in Sustaining Production

    01/19/2009 2:19:44 PM PST · by thackney · 4 replies · 229+ views
    Alaska Journal of Commerce via Rig Zone ^ | January 19, 2009 | Tim Bradner
    North Slope Producers Do Better Than Expected in Sustaining Production by Tim Bradner Alaska Journal of Commerce Monday, January 19, 2009 North Slope oil operators did better than expected in sustaining production last year, but the decline rate is expected to steepen this year. Production from the Slope declined 3.9 percent over a 12-month period of 2008, compared to the same months in 2007, figures provided by the Alaska Department of Revenue indicate. The state revenue department had forecast a 5.8 percent decline. Production performance on the North Slope was aided by high crude oil prices over the two years,...
  • USGS estimates ANS holds 85.4 tcf of gas hydrates

    10/23/2008 11:46:43 AM PDT · by thackney · 15 replies · 645+ views
    Oil & Gas Journal ^ | Oct. 21, 2008 | Nick Snow
    There are 85.4 tcf of undiscovered, technically recoverable natural gas resources in gas hydrates on the Alaskan North Slope, reported the US Geological Survey on Oct. 18. The US Department of the Interior agency said scientists recently completed the first assessment of an area extending from the National Petroleum Reserve-Alaska (NPR-A) on the west through the Arctic National Wildlife Refuge (ANWR) on the east, and from the Brooks Range on the south, to the state-federal offshore boundary 3 miles into the Arctic Ocean off the northern coast. The 55,894 sq miles consists mostly of federal, state, and Alaskan native lands,...
  • Aging Prudhoe Bay field still holds a lot of hard-to-get oil

    04/10/2008 9:21:20 AM PDT · by george76 · 21 replies · 87+ views
    Alaska Journal of Commerce ^ | April 6, 2008 | Tim Bradner
    It has been 31 years since the Prudhoe Bay oil field began producing on the North Slope, and though the crude oil flowing from the big field today is less than a third of what it was during the peak years, Prudhoe is still the linchpin of North Slope production: Today it provides more than half the oil moving down the Trans-Alaska Pipeline System. Most of the new oil will have to come from the Prudhoe field and a second large field, Kuparuk, which is also showing its age. New oil could be found through exploration as well, but not...