oil and gas

Furie Operating Alaska’s Julius R Platform, installed in 2015 in Cook Inlet, is seen in this courtesy photo. (Furie Operating Alaska/courtesy)

State sells oil and gas leases covering 21,000 acres of Cook Inlet

Furie Operating Alaska, LLC, HEX, LLC and Strong Energy Resources, LLC were all identified as bidders.

 

The surface of Cook Inlet waters can be seen on Thursday, April 1, 2021, in Alaska. A Hilcorp pilot reported a natural gas leak in the Cook Inlet off the shore of Nikiski, Alaska on Thursday. (Alaska Department of Environment Conservation)

Hilcorp ordered to replace pipeline that leaked in Cook Inlet

The size of the leak is reported to be between 75,000 and 150,000 cubic feet a day.

 

Michael Armstrong / Homer News                                Fair Share Act sponsor Jane Angvik holds an initiative petition booklet she delivered to Homer on Oct. 25.

Fair Share Campaign opens Homer office to collect signatures

Volunteers have gathered close to 600 signatures of the 692 needed.

 

Corri Feige, Commissioner of the Department of Natural Resources, right, listens to Chantal Walsh, director of the Division of Oil and Gas, left, as along with Sara Longan, Deputy Commissioner of DNR, center, give a status of North Slope production during a Senate Finance Committee meeting on Thursday, Jan. 17, 2019. (Michael Penn | Juneau Empire)
Corri Feige, Commissioner of the Department of Natural Resources, right, listens to Chantal Walsh, director of the Division of Oil and Gas, left, as along with Sara Longan, Deputy Commissioner of DNR, center, give a status of North Slope production during a Senate Finance Committee meeting on Thursday, Jan. 17, 2019. (Michael Penn | Juneau Empire)
Sen. Bill Wielechowski, R-Anchorage, center, and Sen. Mike Shower, R-Wasilla, right, listen members from the Department of Revenue give a state revenue forecast during a Senate Finance Committee meeting at the Capitol on Wednesday, Jan. 16, 2019. (Michael Penn | Juneau Empire)

Volatile oil market prompts conservative forecasts

New Alaska Gov. Mike Dunleavy’s administration is taking a more conservative approach to oil revenue forecasting to help avoid the creation of an oversized budget.… Continue reading

Sen. Bill Wielechowski, R-Anchorage, center, and Sen. Mike Shower, R-Wasilla, right, listen members from the Department of Revenue give a state revenue forecast during a Senate Finance Committee meeting at the Capitol on Wednesday, Jan. 16, 2019. (Michael Penn | Juneau Empire)
Lisa Bruner presents at Wednesday’s Joint Chamber Luncheon, on Wednesday, Oct. 3, 2018, in Kenai, Alaska. (Photo by Victoria Petersen/Peninsula Clarion)

ConocoPhillips bullish on Alaska’s future

At Wednesday’s Joint Chamber Luncheon, Lisa Bruner, vice president of North Slope operations for ConocoPhillips, presented residents with a big picture look at the company’s… Continue reading

Lisa Bruner presents at Wednesday’s Joint Chamber Luncheon, on Wednesday, Oct. 3, 2018, in Kenai, Alaska. (Photo by Victoria Petersen/Peninsula Clarion)

Borough, Nikiski seek to have greater participation in LNG export project

The Kenai Peninsula Borough is seeking an official role in federal permitting of plans to export North Slope natural gas to Asia via a 806-mile… Continue reading

Eric Forrer, left, and Joe Geldhof, right, have sued the state of Alaska in an attempt to stop a plan that calls for borrowing up to $1 billion from global bond markets to pay oil and gas tax credits owed by the state. They are pictured May 22, 2018 in an interview at the Juneau Empire. (James Brooks | Juneau Empire File)

Alaska pauses plan to borrow $1 billion for oil-company payouts

State officials confirmed Tuesday that a billion-dollar bond issue is on hold amid a pending lawsuit by two Juneau men.

Eric Forrer, left, and Joe Geldhof, right, have sued the state of Alaska in an attempt to stop a plan that calls for borrowing up to $1 billion from global bond markets to pay oil and gas tax credits owed by the state. They are pictured May 22, 2018 in an interview at the Juneau Empire. (James Brooks | Juneau Empire File)

Cook Inlet Energy fined over well pressure at Osprey platform

Cook Inlet Energy has received fines totaling $50,000 from the Alaska Oil and Gas Conservation Commission (AOGCC) — $25,000 for failing to test a new… Continue reading