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Tag Archives: Cook Inlet

Alaska included in future offshore lease sale schedule

ANCHORAGE, Alaska (AP) — The Obama administration’s five-year offshore drilling plan announced Tuesday includes three future lease sales off Alaska and six areas in state waters that will be closely reviewed for possible environmental and other conflicts with oil and gas activities. The plan by Interior Secretary Sally Jewell covers all potential federal offshore lease sales from 2017 through 2022. ...

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Utilities seek ConocoPhillips stake in Cook Inlet gas field

Utilities seek ConocoPhillips stake in Cook Inlet gas field

ANCHORAGE, Alaska — Two Anchorage-based utility companies have teamed up to purchase a portion of a Cook Inlet gas field under a $152 million deal with ConocoPhillips. Anchorage Municipal Light and Power and Chugach Electric Association are looking to buy ConocoPhillips’ stake in the Beluga River Unit about 35 miles west of Anchorage. The deal announced Monday calls for ML&P ...

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Company on verge of new Cook Inlet oil urges restraint on Alaska tax-credit changes

A small company developing Cook Inlet’s first new oil pool in years — and possibly a large gas field — underscores the challenges policymakers face as they look to alter the state’s controversial oil-tax credit scheme. Move too aggressively to cancel credits and companies advancing toward new production could suffer, hurting future state income from royalties and taxes. At the ...

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In response to customers, Crowley takes step to import Canadian LNG to Alaska

A shipping company that has long delivered freight and diesel fuel to rural Alaska is positioning itself to import Canadian liquefied natural gas to Alaska, following what it says is interest in the fuel from several Alaska companies. A Crowley official would not name those companies or say where the Canadian LNG would come from. The Jacksonville, Florida-based Crowley said ...

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With 15 years of natural gas for Cook Inlet, Furie inks long-term deal with utility

The largest electric utility on the Kenai Peninsula and an independent gas producer have signed a long-term contract in a deal highlighting Cook Inlet’s natural gas turnaround — and the role played by Alaska’s controversial tax credits. The three-to-five-year contract between Homer Electric Association and Furie Operating Alaska, which must be approved by the Regulatory Commission of Alaska, underscores the ...

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Hilcorp applies to drill 2 exploration wells near Ninilchik

KENAI, Alaska — Hilcorp Alaska has applied to drill two additional oil and natural gas exploration wells southeast of Ninilchik in the Kenai Peninsula Borough. The Alaska Department of Natural Resources is accepting comments on the application until Oct. 10, the Peninsula Clarion reported (http://bit.ly/1EZK1d2). Hilcorp officials say, if approved, the company will begin clearing vegetation in late September, construct ...

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