Those who watch the Cook Inlet's oil and gas patch had reason to celebrate on Monday as details of a deal between Buccaneer and ConocoPhillips emerged that will not only benefit those companies, but also the community at large.
...up to $12 million. Most of the producers in Cook Inlet qualify for the credit and Dees said it is likely that no inlet producer pays production tax."Most of the companies take advantage of this because in Cook Inlet it pretty much wipes out...
...refinery's generators, Gill said. Tesoro has a base natural gas contract but also buys spot market gas from Cook Inlet producers as needed. "Since July of 2012 that gas has been largely unavailable regardless of price, which is of big concern...
...like it is going to occur as early as 2014 as a result of additional drilling and compression." Van Dyke said Cook Inlet producers bear a total demand of 80 billion cubic feet of gas per year, of which about 69 bcf is demand from Southcentral utilities...
...looming shortages.In 2010, PRA wrote that Cook Inlet producers needed to drill 13.6 wells each year meet forecasted...price today it is quite a bit higher than what Cook Inlet producers are receiving for the gas through their contracts...
...supply about 1.3 billion cubic feet per day to Enstar in 2012. Enstar also buys gas from long-established Cook Inlet producers Marathon Oil, ConocoPhillips and Unocal, which is owned by Chevron. Buccaneer and Cook Inlet Energy, which operates...
...the full spectrum of the industry here, not just the "Big 3," but the small producers, the new explorers, Cook Inlet producers, companies interested in the offshore, the Trans-Alaska Pipeline, and the three in-state refineries. My message...
...producing assets earlier, including two platforms now operated by XTO Corp., but then purchased Unocal, a long-time Inlet producer. After its Unocal acquisition, Chevron announced a $300 million investment program to revitalize the aging Unocal...
...completely during winter months, necessitating the layoff of workers. As an alternative to buying gas from Cook Inlet producers, Agrium officials have been exploring the viability of building a coal gasification plant to supply feedstock gas...
...from Homer Electric Association, he said. Existing pipelines will allow it to buy natural gas from Enstar or Cook Inlet producers. Each day, the pilot plant will convert 3 million cubic feet of natural gas into 300 barrels of synthetic crude...
Peninsula Clarion ©2011. All Rights Reserved.