Production was up about 3 million barrels, and the state is predicting that it’s going to be up next year too.
"oil"
Hilcorp reports another leak in Cook Inlet; this time it’s oil
After impact, workers on Hilcorp platform discover spill from an underwater pipeline in Cook Inlet.
Revenue department forecasts jump in oil prices, drop in production
Alaska’s Revenue Source book covers taxes, oil and the state’s budget. This year’s book is a mixed bag of good and bad news for the state’s bottom line.
Video: What is the Arctic National Wildlife Refuge?
The coastal plain of the Arctic National Wildlife Refuge ranks as one of the most controversial chunks of land in Alaska.
In looming fight over ANWR, a big unanswered question: how much oil is there?
The coastal plain of the Arctic National Wildlife Refuge ranks as one of the most controversial chunks of land in Alaska. Since Congress set it aside for more study in 1980, environmental groups, politicians and industry have battled over whether to explore for oil there or to protect the wilderness forever. As the Trump administration gets ready to take the White House in January, the debate will likely flare up again. But even though the fight’s dragged on for decades, there’s still a lot we don’t know about what lies beneath the refuge.
Armstrong Oil and Gas has high hopes for another North Slope find this winter
Armstrong and its partner Repsol, a Spanish company, say a development there could produce about 120,000 barrels of oil per day. That’s almost a quarter of the amount currently flowing through the pipeline. Armstrong Energy director Ed Kerr says the company aims to deliver first oil in 2022.
Former commissioners, lawmakers criticize Walker’s oil tax credit veto
They say Walker’s decision destroys the state’s credibility with the industry it depends on to develop oil and gas resources.
Alaska’s analysts eye Brexit outcomes
As stock markets suffer, Alaskans consider UK referendum vote impacts.
Federal Judge Strikes Down Obama Administration’s Fracking Rules
A U.S. judge in Wyoming said the Bureau of Land Management can’t regulate hydraulic fracturing — because more than a decade ago, Congress specifically excluded fracking from federal oversight.
Is American Oil ‘Dead’? T. Boone Pickens Says Yes … But Only For Now
Prospects in the industry are dim, and even the billionaire investor, who made his fortune in oil, has turned to alternative energies. Still, the self-described “realist” says they aren’t the answer.