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Revenue officials explain tax credit issue flagged by Walker

...contention in an opinion piece by Gov. Bill Walker are being paid primarily to small explorers or those developing new oil and gas fields in Alaska.Walker earlier this month said the state stood to pay out about $100 million more in oil and gas production...
Consultants suggest possibly revisiting Cook Inlet credits refundable credits referred to in that piece are primarily for small explorers or those developing new oil and gas fields that have no tax liability. Revenue Commissioner Randall Hoffbeck has said the credits are split pretty evenly between...
Cook Inlet oil production up 25 percent

...first half of 2013 to $24.9 million in the first half of 2014, an increase of nearly 78 percent.Cook Inlet oil and gas fields have been producing since the 1960s and 1970s and the current renaissance is typical when new companies, particularly...
AOGCC keeps eye on safety, maximum recovery

...tests of well safety valves on producing wells, one area getting more attention because of the aging of Alaska's oil and gas fields, and it also approves operators' plans for producing the fields, to ensure no oil and gas resources are lost due...
Russian Far East oil fields: On the brink of a major boom?

For years Alaskans have been talking about the promise of Sakhalin's oil and gas fields, but production is little more than a trickle. But this summer may see that trickle grow to a profitable flood. Estimated reserves...
Unlocking new potentials

...he said.The report indicates that continued investment in second and third-cycle projects in large, existing oil and gas fields may be able to meet regional demand in the immediate and near term future. Exploration of the stratigraphic traps...
Students pursue 'next level' of education

...programs were also a popular choice among her seniors, as the industry push to get students into construction and oil and gas fields has increased the scholarship money available for these programs in the state, she said."We definitely gave away...
Commissioner looks at oil and gas

...million barrels per day within a decade, Sullivan said.He has more than 20 years of experience working in Alaska's oil and gas fields. He was most recently with CH2M Hill, where he managed North Slope, Kenai Peninsula and Cook Inlet operations...
Borough assembly prioritizes its wish list

...natural resources permitting process, and tax and royalty incentives to promote exploration of otherwise uneconomical oil and gas fields. The borough also has asked the state to help it build and improve docks and roads on the west side of Cook Inlet...
Cook Inlet oil, gas exploration in flux: Smaller independent companies move into basin as large producers cut back in region

...pipelines and several other offshore and land-based oil and gas fields. Chevron isn't the first. In the late 1990s...Cook Inlet assets. They've since returned to other oil and gas fields, but not on the Peninsula. And at the same time...


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