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Exploration work to resume at Cosmopolitan prospect

...back to Cosmopolitan, too. BlueCrest will use the jack-up rig to drill vertical gas production wells into a shallow gas deposit that overlies the deeper oil reservoir, Johnson said. The company would like to get the Endeavour drilling by late...

http://peninsulaclarion.com/news/2014-07-09/exploration-work-to-resume-at-cosmop
News
Former Coast Guard chief tapped as Arctic diplomat

...officials estimate the Arctic holds 13 percent of the world's undiscovered oil reserves and 30 percent of undiscovered gas deposits. Until recently, however, the resources that could reap hundreds of billions of dollars in revenues were frozen over...

http://peninsulaclarion.com/news/2014-07-16/former-coast-guard-chief-tapped-as-a
News
What others say: U.S. military's eyes on the Asian Pacific

...largely uninhabited, but they give the possessor a claim on fishing rights and what are believed to be extensive oil and gas deposits. They are claimed not only by China but variously by Vietnam, the Philippines, South Korea, Japan and Malaysia...

http://peninsulaclarion.com/opinion/2014-05-12/what-others-say-us-militarys-eyes
Opinion
Gas supplies tight; producers to rescue?

...is being awaited from the Alaska Oil and Gas Conservation Commission that a "gas only" well can be drilled into the gas deposit, Morakis said. This would allow the company to drill a shallow well to test the gas formation and then later drill...

http://peninsulaclarion.com/news/2012-12-15/southcentral-gas-supplies-tight-prod
News
A guide to understanding Cook Inlet tax incentives

...thumb is that on an exploration well, out of every seven, you may find one that has a measureable quantity of oil and gas deposits that might be commercially produced."In exchange for sharing some of the risk, the state requires the producers...

http://peninsulaclarion.com/news/2013-04-27/a-guide-to-understanding-cook-inlet-
News
Jack-up rigs back to work

...another independent. Cosmopolitan has an oil deposit at the 6,000-foot to 8,000-foot level and a shallower gas deposit at 3,000 feet to 4,000 feet. Previous exploration drilling at Cosmopolitan involved extended-reach directional...

http://peninsulaclarion.com/news/2013-05-02/jack-up-rigs-back-to-work
News
Buccaneer considers subsea production system

...explorer Buccaneer Energy says it would prefer a subsea production system for the development of Cosmopolitan, an oil and gas deposit the company is now testing in Cook Inlet. It would be the first subsea development in the inlet, where conventional...

http://peninsulaclarion.com/news/2013-06-11/buccaneer-considers-subsea-productio
News
Buccaneer says it can produce 10 mmcf daily from new gas field

...Cosmopolitan is owned by Buccaneer and Bluecrest Energy, a partner, and is a known oil deposit with a shallower natural gas reservoir. The initial well will be to test the shallow gas deposit to determine if it can be commercially produced.

http://peninsulaclarion.com/news/2013-03-18/buccaneer-says-it-can-produce-10-mcf
News
Endeavour arrives

...the end of its long journey from Singapore to near the area where Buccaneer Energy will use it to explore for oil and gas deposits. "It's here," Homer City Manager Walt Wrede said. In the coming days, the rig will be floated off the Kang Sheng...

http://peninsulaclarion.com/news/2012-08-25/endeavour-arrives
News
Gov.'s budget includes $10.5M toward roads to resources

...muster. "We design these things to facilitate fish," he said. The road would provide access to a variety of oil and gas deposits on the North Slope. Anderson said a host of industry players, including Anadarko and Renaissance Oil and Gas, have...

http://www.peninsulaclarion.com/stories/011111/new_768565686.shtml
News

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