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AIDEA approves $30 million deal for Cosmo development

...2001 and 2003 ConocoPhillips, which had purchased ARCO's Alaska assets, drilled exploration wells to confirm the oil discovery and also conducted production tests.Dallas-based independent Pioneer Natural Resources acquired the leases from...
Will our oil pipeline ever be at full capacity?

...Research the subject of the Bakken oil discovery in North and South Dakota, Montana...Southern Canada. The Largest oil discovery in American history. You will...Alaska can't compete with this oil discovery. Why would a oil corporation...
Buccaneer sells holdings in Cosmopolitan, Cook Inlet jack-up rig

...made a natural gas discovery. Pioneer Natural Resources, which previously owned the asset, had also confirmed an oil discovery at deeper reservoir intervals, and Buccaneer's plan was to follow up on tests of the deeper oil formations.BlueCrest...
Oil flows from CIE well

...19.Sword No. 1 is the first of two wells planned in the structure near the West McArthur River Field. Since the oil discovery, CIE has moved the drilling rig used for Sword No. 1 30 feet to drill its WMRU-8 development well. CIE plans to...
Les Palmer: 50 years in Alaska

...much wider than the airplane. You stay in a lodge built on the ruins of a ghost town, the site of Alaska's first oil discovery. To reach the best fishing holes, you run upstream several miles in an outboard-powered skiff. Due to the Katalla's...
Peninsula Reflections

...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...
Hilcorp has aggressive goals for Inlet production

...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...
Inlet lease sale set for Wednesday

...second well this fall.The state is also offering acreage in the June 22 lease sale that is adjacent to a confirmed oil discovery at Cosmopolitan, an offshore prospect in Cook Inlet. Pioneer Natural Resources recently relinquished acreage at the...
Lease sale draws bids

...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...
Kenai National Wildlife Refuge's 70th anniversary

...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...


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