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...compete in our portfolio."The agreement also presents an interesting question surrounding the deliverability of a deep oil discovery to market. The Tyonek platform is equipped with only a gas pipeline that ties into Kenai Peninsula infrastructure...
...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...
...Swanson River field to rehabilitate old wells. Swanson River was discovered in 1957 and was Alaska's first commercial oil discovery. Hilcorp specializes in purchasing mature producing properties from major companies, investing in redevelopment and...
...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...
...development, and pressure to remove areas of the Range to allow for settlement, would result in large-scale changes. Oil discovery in the Swanson River area in 1957 created an economic boon but also brought industrial development and new roads to...
...Peninsula.Apache was also the sole bidder on a special package of three leases offered as a bundle near a confirmed oil discovery, the Cosmopolitan prospect, being developed by Pioneer Alaska Inc. Pioneer had relinquished three of four leases...
...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...
...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...
...Hershberger Early homesteader Nina Robinson remembers the 1957 oil discovery in the Swanson River oil field. "Life was never the...on to Anchorage crossing beneath Turnagain Arm. The oil discovery doubtless sped Alaska's path to statehood. Becoming...
...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...