US to offer over 1 million acres in Cook Inlet sale
Over 1 million acres of Alaska’s Cook Inlet is to be offered for exploration in a lease sale next month.
alaska
Arctic Fox spuds 88 Energy’s Icewine well in Alaska
Australian oil firm 88 Energy said today that a well had been spudded on its Icewine asset in Alaska.
Update: BP Alaska well still leaking gas as plans proceed to close it
BP Plc is working to secure an ongoing natural gas leak in a well on Alaska’s North Slope that also sprayed crude oil for three days before that release was capped. The plan is to close the well, state officials said.
Trump ‘preparing order’ to boost offshore oil drilling
President Donald Trump is preparing to issue an executive order with the goal of giving oil companies more opportunities to drill offshore, reversing Obama-era policies that restricted the activity.
Obama said to use 1953 law to block drilling in Arctic, Atlantic
President Barack Obama is preparing to block the sale of new offshore drilling rights in much of the U.S. Arctic and parts of the Atlantic, a move that could indefinitely restrict oil production there, according to two people familiar with the decision.
88 Energy nears rig decision for Alaskan well
Australian oil firm 88 Energy said today that it expected to pick a rig for the Icewine Project in Alaska in the coming weeks.
88 Energy says two billion find will be Alaska’s catalyst for activity
88 Energy today said a recent two billion barrel find in Alaska will be the catalyst to reinvigorate the area's industry interest.
Alaska Governor pledges support after Caelus billion barrel find
Alaska Governor Bill Walker pledged his support to the oil industry after the state's reserves were boosted 80% overnight.
Alaska makes new oil post in wake of downturn
Alaska has created a new oil post as the state grapples with a sustained low oil price.
88 Energy making progress with Icewine prospect
Well and stimulation design for 88 Energy's Icewine project in Alaska is almost complete as the company continues along its path to developing what it believes will be one of the biggest plays in the region.
88 Energy completes seismic acquisition on Icewine
88 Energy has completed the 2D seismic acquisition at its Icewine project in Alaska.
88 Energy works on second Icewine well
88 Energy said it is close to completing the design of its second Icewine well in Alaska.
88 Energy’s Icewine “super highway” core is off the charts
88 Energy's Icewine project in Alaska continues to exceed expectations with the company revealing that core taken from the Icewine-1 exploration well has revealed two previously untested samples have "outstanding permeability" 20 times better than forecast.
Number of rigs drilling in US drops to lowest level since 1940
The number of rigs drilling for oil and natural gas in the US has fallen to its lowest level since at least 1940.
BP to cut up to 200 jobs as it reduces Prudhoe Bay activity
Oil major BP said it would reduce the active rig count at its operations at Prudhoe Bay on Alaska’s North Slope leading to more than 200 job losses. The company said lower oil prices had forced the company to reduce the number of rigs in the region from five to two.
Data indicate 88 Energy’s Icewine prospect is “world class”
Core and petrophysics data indicate 88 Energy's flagship Icewine development in Alaska is a "world class resource" the company said in statement.
Alaska failure not behind Shell executive’s exit
Shell's exit from Alaska last year was "a huge disappointment," but did not push top North American executive Marvin Odum to exit the company, he said.
88 Energy shares fly as Icewine potential confirmed
88 Energy shares soared today after the company revealed its estimates for the Icewine-1 well in Alaska have been confirmed to be correct by the evaluation of the HRZ shale core.
88 Energy encouraged by latest results at Icewine
88 Energy said it is "highly encouraged" by initial results from the HRZ shale testing at the Icewine #1 location in Alaska.
88 Energy completes drilling and reports encouraging results
88 Energy said it has achieved its primary unconventional objectives as it completed its drilling campaign on the Icewine #1 well in Alaska.
88 Energy continues to see promising results from Icewine
88 Energy’s boss said results from its HRZ play in Alaska continued to remain supportive but there was still uncertainty until all analysis had been conducted. Dave Wall, the chief executive of the company, revealed the latest analysis of the critical HRZ shale interval of its Icewine play. Operations at the site are continuing following initial analysis, with plans moving forward to finalise its current operation before conducting a blowout preventer test.
88 Energy reports “persistent” oil in target Icewine zone
88 Energy said it was encountering persistent oil shows in and above the critical HRZ shale interval of its Icewine play in Alaska.
88 Energy moves closer to Alaskan shale prize
88 Energy Limited said its Icewine #1 well in Alaska continues to remain within budget as it targets the HRZ shale formation and a huge unconventional resource prize.
88 Energy encouraged by latest hydrocarbon shows from Icewine
88 Energy said initial hydrocarbon shows from drilling at its flagship Icewine #1 well in Alaska have been encouraging, both for conventional and unconventional plays being targeted.
88 Energy back up and running at Icewine
Operations have restarted at 88 Energy's Icewine #1 prospect in Alaska after repairs to the drawworks were completed.