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Gas prospects draw bids in Cook Inlet lease sale

...tracts in the state's annual Cook Inlet oil and gas lease sale. The companies apparently are focusing on natural gas prospects. ''Most of the bids were offshore north of Nikiski,'' said Jim Hansen, lease sale manager for the Alaska Division...
Buccaneer sells holdings in Cosmopolitan, Cook Inlet jack-up rig

...January, after which BlueCrest will assume management of further drilling that is planned at the Cosmopolitan oil and gas prospects.The Endeavour rig for has been contracted delineation drilling at the Cosmopolitan this winter and three other Cook...
Buccaneer considers subsea production system

...feet, Buccaneer said in a press release issued Tuesday. The company plans to do a production test of known shallow gas prospects and to extract core for an evaluation of the deeper oil deposit. Cosmopolitan's location is an advantage because...
Japanese company inks deals in pursuit of natural gas

...agreement has also been signed with Anadarko Petroleum, also confidential, under which REI and Anadarko will discuss gas prospects in the foothills region of the southern North Slope, where Anadarko is exploring.A Memorandum of Understanding signed...
Jack-up rigs back to work

...said Bruce Webb, a vice president for Furie. The KLU-1 well was designed to drill deeper to test both oil and gas prospects but was not designed to efficiently do a production test. The new well is narrower in diameter and is designed for...
Buccaneer gives update on operations

...area would create additional jobs, he said.The company has two offshore units it plans to develop. Both oil and gas prospects are available to the company. The first well would be in the Southern Cross Unit, which is near the middle of the...
Enstar, Buccaneer strike a deal

...second well this November, and a third by Nov. 2013.In the longer-term, Buccaneer is also working on both oil and gas prospects in Cook Inlet, which could supply even more natural gas to the local market.
Utilities: LNG needed by 2014

...10 billion cubic feet of new reserves.Two companies also have jack-up rigs headed to Cook Inlet to test offshore gas prospects.Helmick said new supplies in the region are welcomed but given the pending shortfall the utilities can't withstand...
Shut-in oil well flows again

...has a smaller rig at the West McArthur field intended for working over oil wells at that field and drilling shallow gas prospects in the area, Hall said.That rig, owned by Cook Inlet's parent company, Miller Energy of Tennessee, was brought...
Cook Inlet gas exploration due to slow in 2009

...the Senate Resources Committee in Juneau on Cook Inlet gas prospects. Swenson said there are about 1.3 trillion cubic...are independent companies interested in small onshore gas prospects on the Kenai Peninsula and on the west side of Cook...


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