The state of Alaska and Pantheon Resources plc are negotiating a deal to boost in-state natural gas inventories using a proposed LNG feed gas pipeline to transport associated volumes from the North Slope. London-based Pantheon has been advancing development plans for an additional 66,000 acres in Alaska’s Ahpun and Kodiak fields since submitting the top…
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Alaska Oil, Natural Gas Lease Sale Set for Cook Inlet This Month
An auction to offer some offshore oil and natural gas leases is planned at the end of this month for Alaska’s Cook Inlet. The Bureau of Ocean Energy Management (BOEM) is offering 958,202 acres off Alaska’s southcentral coast in a lease sale scheduled for Dec. 30. The Inflation Reduction Act directed BOEM to hold the…
December 23, 2022
Apache Pulls Out of Alaska, Leaving Cook Inlet Due to Price Collapse
Depressed commodity prices have prompted Houston-based Apache Corp. to pull up stakes in Alaska, giving up on its operations in the Cook Inlet.
March 4, 2016