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Deal allows Buccaneer to drill in Conoco unit

...within a well-established Cook Inlet unit known for its gas reserves after inking a deal with ConocoPhillips.The two companies...ConocoPhillips is retaining the rights to its shallow gas reserves in the area."Basically the leases that we have include...
First LNG ship since 2012 arrives at ConocoPhillips plant near Kenai

...since then have been on a per-vessel basis. Plant operations and LNG exports were suspended in late 2012 as natural gas reserves in Cook Inlet were depleted. The measure was taken to reserve gas for regional utilities, which are also supplied...
Study: 10 years of gas in inlet: Economics of getting the product to market not yet addressed

...Monday says the Cook Inlet Basin has enough natural gas reserves to meet Southcentral's energy needs for the next 10...minimal," she said. Nationwide, estimates of total gas reserves have jumped 58 percent from 2004 to 2008 according to...
Utilities look to renewables as natural gas dwindles

...Alaska electric utilities, which currently depend heavily on natural gas for power generation. The problem is natural gas reserves are running down, and the only near-term guaranteed fall-back is imported liquefied natural gas. It's not a...
Study: Inlet gas won't stop shortage

...shortages of gas supply by 2014 due to declining production in maturing fields, according to a new study of Cook Inlet gas reserves and regional demand released Monday. The only practical alternative to deal with the shortfall is the import of liquefied...
Shale gas a bridge to pipeline: Gas development in Lower 48 will help Alaska pipeline projects

...contrary, we believe shale gas does not pose a threat to the commercialization of Alaska's vast North Slope natural gas reserves, but will instead provide the market a bridge to our future pipeline. What is shale gas? This is natural gas that...
Noting Alaska's role, Hagel unveils first U.S. Arctic strategy energy exploration has the potential to heighten tensions over other issues, even though most projected oil and gas reserves in the region are located within undisputed exclusive economic zones."Circumpolar ship traffic is expected to have...
Buccaneer spuds first well at Cosmo site a press release. The Cosmo area is located in 80 feet of water close to Anchor Point and is known for its shallow gas reserves and deeper oil prospects. Buccaneer is working on the project with BlueCrest Energy, a Fort Worth, Texas-based...
Lawmakers examine looming Cook Inlet gas shortage

...Rather they have a different approach to studying gas reserves, resources and potential in Cook Inlet. And while...or total potential. "When you just look at proven gas reserves, the numbers are very close," he said of DNR and...
State, DOE map plan for methane hydrate testing

...uncertain given the glut of natural gas in North America and the uncertainties as to whether the large conventional gas reserves of the slope can be marketed. However, Japanese companies or Indian companies may be interested in a consortium because...


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