Sidebar: Cook Inlet gas down 2% - 02/02/2025 (Login to read Full story) Natural gas production in Cook Inlet averaged 186,431 thousand cubic feet per day in December, down 3,879 mcf per day, 2.04%, from a November average of 190,311 mcf per day and down 12.48% from a December 2023 average of 213,023 mcf per day. Volumes are …

Heading back Armstrong to drill Sockeye-2 exploration well on eastern North Slope Kay Cashman. Petroleum News. Bill Armstrong's Lagniappe Alaska is returning to the eastern North Slope this winter to drill the Sockeye-2 exploration well on state of Alaska acreage approximately 8 miles southeast of Badami, within the Lagniappe-operated oil and gas lease block.

Jan 31, 2025 · Continued growth in oil With big new projects coming on, North Slope will top 600,000 bpd in 10 years Kristen Nelson. Petroleum News. The Alaska Department of Natural Resources has a positive outlook on North Slope production for the next 10 years.

Alaska North Slope production averaged 486,248 barrels per day in November, up 15,238 bpd, 3.24%, from an October average of 471,010 bpd and up 3.18% from a November 2023 average of 471,245 bpd. The largest month-over-month increase was at Prudhoe Bay, with Kuparuk, Nikaitchuq and Milne Point also s...

Alaska North Slope crude took a leap of $2.08 Jan. 15 to surpass $80 -- closing at $80.42 per barrel. West Texas Intermediate vaulted $2.54 to close at $80.04 and Brent leapt $2.11 to close at $82.03. Crude was boosted by the U.S. Consumer Price Index report released Jan. 14 which showed that price...

ANS ends 2024 lower Alaska benchmark crude price drops 5.5% in 2024 despite end of year gains Steve Sutherlin. Petroleum News. Alaska North Slope crude ended 2024 with a Dec. 31 closing price of $73.43 per barrel, up 70 cents on the day, but down $4.33 -- some 5.5% -- for the year from its close of $77.76 Dec. 29, 2023.

War premium fades ANS slides on lower Israel/Iran escalation risk, weak China demand Steve Sutherlin. Petroleum News. Alaska North Slope crude fell 18 cents Oct. 16 to close at $73.33 per barrel, notching a three-day slide of 6% as worries about oil demand -- particularly in China -- overcame fears of supply interruption being triggered by …

Fairway extends Armstrong discovers Brookian topset oil plays 65 miles to east. Kay Cashman. Petroleum News. In 2013, Armstrong Oil & Gas Inc., along with its partner Repsol, kicked off one of the hottest exploration plays in the world west of Alaska's central North Slope in the Pikka field.

More inlet gas Jack-up rig arrives at Kitchen Lights platform to drill for natural gas Kay Cashman. Petroleum News. John Hendrix's message on Oct. 3 to his fellow Alaskans: "Great day for HEX/Furie and Alaska.

Viable NS gasline? Wood Mackenzie says gas could be delivered to Southcentral at competitive price Alan Bailey. for Petroleum News. In a new report to the Alaska Gasline Development Corporation consulting firm Wood Mackenzie has presented data indicating that a natural gas pipeline from the North Slope could deliver gas to the Cook Inlet region at a price that is competitive with imported ...