Alaska North Slope crude has been supported in maintaining its newfound premium over Brent, as China has emerged as a surprise active buyer of Pacific cargoes. Suddenly it seems there is less oil ...

The Alaska Department of Revenue released its Spring 2025 Revenue Forecast March 12, an update of the Fall Revenue Forecast released in December. Compared to fall, the Alaska North Slope oil price ...

The Alaska Department of Natural Resources' Division of Mining, Land and Water, said March 19 that it has opened the upper foothills area of the North Slope to winter off-road tundra travel. The ...

Rep. Will Stapp, R-Fairbanks, introduced House Bill 119 Feb. 26, adding language to the statute governing Alaska Gasline Development Corp. which reads "an in-state natural gas pipeline advanced under ...

The Baker Hughes' U.S. rotary drilling rig count was 592 on March 14, unchanged from the previous week, down by 37 from 629 a year ago and down by one from two weeks ago. Over the last eight weeks the ...

On March 17, APA Corp. announced an oil discovery on Alaska's North Slope from the Sockeye-2 exploration well in the Lagniappe area east of Prudhoe Bay. Santos has a 25% stake in the joint venture ...

Hilcorp Alaska is looking at drilling three exploration wells in Cook Inlet over the next 5 years, along with production drilling and pipeline work, involving ocean-going tugs, a jack-up rig and ...

Now Armstrong is leading the charge to find Pikka-look-alikes east of Prudhoe Bay. All reports say the play concept in Armstrong's Lagniappe's acreage is very similar: Multiple zones, onshore, good ...

The Alaska Oil and Gas Conservation Commission has approved, with numerous conditions, a request from Hilcorp Alaska for use of non-custody transfer meters for power sold to a Duck Island unit ...

In its March Short-Term Energy Outlook, released March 11, the U.S. Energy Information Administration said it expects global oil markets will remain relatively flat through mid-2025, with inventories ...

BlueCrest currently produces oil, and some gas, from an onshore drill site with wells extending out under Cook Inlet. The division has been critical of recent PODs by the company as BlueCrest has not ...

The Alaska Oil and Gas Conservation Commission has fined Brooks Range Petroleum Corp. $6.34 million for three wells it drilled at the former Beechey Point unit which were never plugged and abandoned ...