Alaska Department of Natural Resources' Division of Oil and Gas approved the assignment of the five North Fork unit leases from Vision Resources LLC to Hilcorp Alaska LLC on April 30. As reported in ...

Alaska North Slope production averaged 476,063 barrels per day in March, down 9,200 bpd, 1.9%, from a February average of 485,263 bpd and down 1.1% from a March 2024 average of 481,347 bpd. ANS crude ...

Editor's note: This story first appeared in the May 1, 2005, issue of Petroleum News. It's going to be historic, and the decision will be made soon, Alaska Gov. Frank Murkowski said April 27, 2005, ...

Cook Inlet natural gas production averaged 198,755 thousand cubic feet per day in March, up 6,188 mcf per day, 3.21% from a February average of 192,567 mcf per day but down 3.35% from a March 2024 ...

The largest increase in North Slope oil production in March was from the Southern Miluveach unit, which averaged 216 barrels per day in March, compared to a February average of 12 bpd. The field is ...

Alaska North Slope crude plunged $1.74 April 30 to close at $64.92 per barrel, West Texas Intermediate plummeted $2.21 to close at $58.21 and Brent dove $1.13 to close at $63.12 as price weakness ...

On April 24, APA Corp. and its partners Lagniappe Alaska LLC, an Armstrong company, and Oil Search (Alaska) LLC, a subsidiary of Santos Ltd., announced the results of a successful flow test of the ...

Baker Hughes' U.S. rotary drilling rig count was 587 on April 25, up by two from the previous week, down by 26 from 613 a year ago and down by four from two weeks ago. Over the last eight weeks the ...