ConocoPhillips Acquires Chevron’s Remaining North Slope Assets
ConocoPhillips signed a $300 million purchase agreement for Chevron’s 5 percent interest in the Kuparuk River Unit and 1.2 percent share of Prudhoe Bay.
Tag: Prudhoe Bay
New Technique for Heavy Oil Recovery
New research by the Petroleum Development Lab at the UAF Institute for Northern Engineering demonstrates the potential for commercial production of heavy crude at existing North Slope oil fields.
Alternative Fuels Slowly Rolling into Alaska’s Trucking Fleets
Trucking fleets are willing to bring alternative fuels to Alaska, as soon as the technology is proven.
Colville, Inc. Names Kelly Droop Chief Operating Officer
Oil and gas logistics firm Colville, Inc. has a new Chief Operating Officer, effective February 2.
Tapping the Well of Innovation in Alaska’s Oil Patch
Augmented reality, wireless networks, blue hydrogen: on the North Slope, urgent necessity is the mother of all kinds of invention. As much as Alaska is a resource extraction economy, that activity also inspires, deploys, and hones technological innovations.
5G Wireless Coming to Prudhoe Bay
GCI’s next 5G wireless network will be for the state’s richest industrial zone. Prudhoe Bay is scheduled to get 5G service in 2022.
BP to Sell Alaska Business to Hilcorp
BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage. Under the terms of the agreement, Hilcorp will purchase all of BP’s interests in the state for a total consideration of $5.6 billion.
The Man Who Broke Through the Northwest Passage
The icebreaking tanker SS Manhattan was an oil company’s attempt to see if it might be profitable to move Alaska oil to the East Coast by plowing through the ice-clogged Northwest Passage.
AOGA Annual Awards
The Alaska Oil and Gas Association (AOGA) will honor individuals and companies/organizations for their achievements working in the oil and gas industry at its annual conference on May 30, 2019, at the Dena’ina Civic & Convention Center.
Far From Tapped Out
Alaska’s major oil and gas players (and some newcomers) are investing their faith and money in the Alaska Arctic with new and ongoing projects.