News

The state of Alaska developed its exploration license program to create a pathway for companies to explore resource-rich corners of Alaska not offered through leasing. To date, the program has ...
As reported by EXP News May 29, EXP has been awarded an ACEC-New Brunswick 2025 Engineering Excellence Award for rehabilitation work on the Florenceville Bridge. The Engineering Excellence Awards ...
Going back in history, Area F was created more than a decade ago as part of the Point Thomson unit settlement talks between the state of Alaska and the Point Thomson unit working interest owners. They ...
Alaska North Slope crude fell 71 cents June 4 to close at $68.29 per barrel, while West Texas Intermediate slid 56 cents to close at $62.85 and Brent fell 77 cents to close at $64.86. The day's slide ...
Throughout 2024, Australia-based 88 Energy Limited's efforts centered on advancing key projects, optimizing its portfolio and positioning the company to unlock future value, the company said in its ...
Kudos to the explorers featured in this year's issue of The Explorers magazine: Armstrong's Lagniappe, ConocoPhillips Alaska, 88 Energy, Glacier's Savant, Great Bear Pantheon, Hilcorp and Jade Energy.
There are no overnight successes in the Alaska oil industry. Even if an exploration well yields monster results, it only begins the long process of permitting, development, and delivery required to ...
The Alaska Department of Natural Resources' Division of Oil and Gas has approved four North Slope facility projects, three by ConocoPhillips Alaska at the Colville River and Kuparuk River units and ...
The U.S. Department of Interior's Bureau of Land Management has proposed rescinding a rule put in place last year that added new restrictions on oil and gas development in the National Petroleum ...
Savant Alaska, a Glacier Oil & Gas company, drilled the B1-33 Killian well from the Badami Main Pad during the 2023-2024 winter drilling season as part of the Kennicott exploration program. The well ...
Hilcorp's focus, nationally and in Alaska, is on maximizing production from mature fields. In Cook Inlet, where the company began acquiring assets in 2011, this has meant expanding from existing ...
Baker Hughes' U.S. rotary drilling rig count was 563 on May 30, down by three from the previous week, down by 37 from 600 a year ago and down by 13 from two weeks ago. Over the last eight weeks the ...