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Another glitch for Chukchi Sea offshore exploration

...for oil and gas exploration in the Chukchi Sea, considered one of the most promising areas for major new U.S. oil discoveries. The U.S. Bureau of Ocean and Energy Management said March 4 it will revise and reissue a supplemental environmental...
More questions than answers for oil and gas in 2014

...yet given the go-ahead for the projects, however.There are also other possible developments. Repsol made three oil discoveries in three exploration wells drilled last winter, two of them that could be commercially viable, the company has said...
Oil producers talk scenarios

...high costs and the probability of only modest-sized oil discoveries, which combined with the high state tax rate effectively...2009 the average size of new commercially viable new oil discoveries in Alaska was about 80 million barrels. In Venezuela...
Buccaneer board splits over Cook Inlet work potential gas, which is both offshore and onshore.The leases Buccaneer is exploring in Cook Inlet are known oil discoveries that can be evaluated for development with the Endeavour jack-up rig.At this point it may be difficult for Buccaneer...
Shut-in oil well flows again

...and is undergoing modifications for winter operations, he said.Hall said there are good prospects for additional oil discoveries on Cook Inlet's west side, and the plans by other companies to bring two jack-up rigs to the Inlet could add...
Governor announces PFD

...Alaska had just experienced a construction boom spurred by a $900 million bonus payment from energy companies for oil discoveries. Today, state government relies heavily on oil revenues to run, and most Alaska residents receive a dividend check...
Analysis: 2013 a pivotal year for oil and gas

...are prospects within the existing fields where there is infrastructure that is in place. The potential for large oil discoveries in new fields on the North Slope, outside of the Arctic National Wildlife Refuge, is quite limited. ANWR is off-limits...
Uncertainty hangs over state's resources

...state-owned coastal offshore areas where companies are allowed to explore and develop projects, the prospects for major new oil discoveries are considered marginal, although small and medium-sized finds are still being found. If those are found near...
Looking forward: 2011 economy in limbo

...well next summer. The area where Shell plans to drill, in Camden Bay east of Prudhoe Bay, is highly prospective. Oil discoveries have been made there in earlier drilling by Unocal Corp. and Arco Alaska Inc., but the discoveries were not large...
Cook Inlet gas exploration due to slow in 2009

...the Inlet is under-explored. The industry was busy exploring in Cook Inlet in the 1960s, but after large-scale oil discoveries were made on the North Slope, the companies shifted their resources to the north. As a result, there was little...


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