7-25-17 While we are away on assignment…

...there's this, from our friend, Pedro van Meurs: ECONOMIC ANALYSIS, DESIGN AND MODELLING OF PETROLEUM FISCAL SYSTEMS London, UK December 4 - 6, 2017   NEW COURSE: ECONOMIC ANALYSIS, DESIGN AND MODELLING OF PETROLEUM FISCAL SYSTEMS Pedro van Meurs (l). Northern Gas Pipelines photo with publisher (r) This is to announce that a new 3-day computer inter-active course Economic Analysis, Design and Modelling of Petroleum Fiscal Systems is scheduled to take place in London on 4-6 December 2017.   The course is developed by Van Meurs Corporation and will be held in [...]

By | 2017-07-26T06:15:08+00:00 July 25th, 2017|Alaska Taxes, Competition, You Read It Here First|0 Comments

7-20-17 TODAY IN CONGRESS. MONDAY TAPS. A WORKABLE ALASKA GTL SCHEME?

Murkowski Welcomes Nomination of Joe Balash for Key Role at Interior Members Discuss Bills to Bring Much Needed Reforms to the Endangered Species Act Varcoe: New BC energy minister faced with rekindling Canada's bold LNG dream Prospects For Exporting Alaska LNG?  Reference: U.S. LNG exporters could lose money for years, analysts say, Price competition holding back Canada’s LNG export hopes, Exxon drops plans to develop 46 tcf gas field offshore Indonesia (Links from Larry Persily) Is Gas To Liquids In Alaska's Future (Scroll down)? TODAY: HOUSE COMMITTEE MOVES TO IMPROVE MINING [...]

7-19-17 What Do Alaska & Ecuador Have In Common … Besides Our Vacation Home In Cuenca, High In The Andes?

Alaska Oil Production = Ecuador's (+/-) Ecuador, Courtesy: BBC Alaska Petroleum, courtesy USGS Note that while Alaska was once the largest US oil producing state at over 2 million barrels/day, its Trans Alaska Pipeline System  (TAPS) is currently 3/4 empty.  Ecuador, a small OPEC producer taps from its reserves about the same as Alaska now produces, a little over 500k barrels/day. This WALL STREET JOURNAL story attracted the attention of our Mid-Atlantic energy analyst friend in his commentary below, which should interest our US and Canadian [...]

7-17-17 Having A Competent Governor Is Critical To 1) Balancing the Budget, and 2) Attracting Investment & Jobs

7-17-17 = WHAT A LUCKY DATE TO ANNOUNCE A GUBERNATORIAL CANDIDACY -- FOR A PRO-FREE ENTERPRISE, PRO NATURAL RESOURCE DEVELOPMENT, PRO FAMILY, PRO DISCIPLINED GOVERNMENT SPENDING LEADER WITH EXTRAORDINARY SKILLS AND COURAGE! Mike Dunleavy files for governor  Suzanne Downing  July 17, 2017  Alaska News, Politics  8 Comments Senator Mike Dunleavy, Candidate for Governor of Alaska Sen. Mike Dunleavy of Wasilla filed a letter of intent with the Alaska Public Offices Commission today to run for governor. He is a Republican. Dunleavy, who represents District E, left the Republican caucus earlier this spring after breaking with [...]

7-10-17 Wind Energy Blowout Week

A Wind Update From our Mid-Atlantic energy analyst friend (i.e. who prefers to remain anonymous): Blowout week, batteries and offshore wind Don and Monica Kotowych at Grouse Mountain BC by Dave Harbour, IOGCC Meeting, 6-2-12 ...we link Euan Mearns’ Blowout Week collection of links to major energy articles from the past week, with a host of excerpts and links to many timely energy topics. The excerpt delivery approach follows our effort to pass along the basic part of a story quickly. This is perfect in our time-challenged society. http://euanmearns.com/blowout-week-184/ [...]

6-19-17 BP’s Global Energy Review – Alaska Meetings

2017 BP Energy Report - Briefing & Reception - 6-26-17 - Anchorage | World Trade Center Members (BECOME A MEMBER) Mark Finley. Northern Gas Pipelines file photo by Dave Harbour BP's Market Expert Returns to Alaska This Month For Much Anticipated Global Energy Review BP's General Manager of Global Energy Markets, Mark Finley, will be briefing Alaskans again this month on the company's outlook for energy markets.  We've attended his appearances over the years and encourage readers to hear Mark's review at one of his appearances. [...]

6-12-17 Does The White House Really Think Alaska LNG Is Currently Competitive In The Lower Cost/Low Price World Of LNG Competition?

...LNG news links from our friend, Larry Persily, former Federal Coordinator, Alaska Gas Pipeline Project: Commentary: A proposed Alaska LNG export terminal would be located at the end of an 800 mile Arctic gas pipeline. This scheme to monetize huge volumes of Alaska North Slope "stranded" gas (i.e. 35 Tcf) is a well intended pipe dream that could come true someday.   But TODAY it competes with worldwide tidewater projects in a low gas price environment.  Competing projects from Qatar to Russia, Australia, Indonesia, Canada and the Gulf [...]

6-2-17 Yesterday: a good decision for America

Wednesday Interior Secretary Zinke created a historic milepost for Alaska Interior Secretary Ryan Zinke. File photo by Dave Harbour, Northern Gas Pipelines ; yesterday, we saw the president place an equally historical achievement on the world stage Commentary by Dave Harbour Wednesday's action by new Interior Secretary Zinke to unwind harmful Alaska energy policies and signal that "Alaska is open for business" took careful study and courage. Likewise, President Donald Trump's Rose Garden presentation on the Paris Climate Change Accord could only have been delivered by one who both understood [...]

4-21-17 Arctic (And Other Energy) Conferences!

Yesterday, we advised readers about two upcoming conferences, one in Inuvik, NWT and one in Anchorage.  Below, we alert readers to consider several more!  -dh Enjoy The Kentucky Derby Spirit With An Alaska Railroad Twist! Alaska's Energy and Minerals Sector Could Interface With Other Constituent Businesses In A Great Atmosphere.  Join Us Next Week!  -dh On Friday, April 28, 2017, the Anchorage Chamber of Commerce invites our readers to come aboard the Annual Anchorage Chamber Train Ride, held from noon to 4:30 p.m., on the Alaska Railroad passenger train. This [...]

4-20-17 Plan Ahead For Arctic Conferences!

We are sure that our Arctic oil, gas and mining readers will find this conference useful: International Business Conference & Trade Show Sheraton Anchorage Hotel    Alaska's Premier Arctic Business Event Focused Squarely on Trade, Commerce, and Investment in the Region.  Four Ways Your Company Can Participate in  Arctic Ambitions VI Conference & Trade Show    ATTEND THE CONFERENCE This year, the theme of the conference is New Arctic Realities: The Path Forward. With this theme, we will highlight the following areas: transportation, technology and innovation, infrastructure development, natural resource [...]

4-7-17 CELEBRATE PRUDHOE BAY’S 4 DECADES OF PRODUCTIVITY!

Nominate an exceptional Alaska oil and gas project, contractor, or individual today! Marilyn Crockett, former President, AOGA. Northern Gas Pipelines file photo by Dave Harbour AOGA President, Kara Moriarty. Northern Gas Pipelines file photo by Dave Harbour AOGA's annual Industry Awards recognize outstanding contributions to the Alaska oil and gas industry in four categories: Contractor of the Year for Safety Performance Award, sponsored by the Alaska Support Industry Alliance Project of the Year Award for Environmental Stewardship and Innovation, sponsored by Stoel Rives Rising Star [...]

4-3-17 Russia Is Strong In the Arctic — U.S. Better Get Its Act Together!

Note: The US better get its act together if it wishes to be a player in the Arctic.  Russia is on the march.  Alaska is the U.S. Arctic gateway.  Does the U.S. wish to become competitive in an area where the majority of the world's energy reserves are...or, do we play defense against Russian economic and military initiatives.   See our 4-1-17 Russian commentary.  -dh Russian tanker forges path for Arctic shipping super-highway Author: Olesya Astakhova, Reuters SABETTA, Russia — An ice-breaking liquefied natural gas tanker docked for the first [...]

By | 2017-04-03T04:36:28+00:00 April 3rd, 2017|Arctic Policy, Commentary, Competition, OCS|0 Comments

3-31-17 Shale is competitive but how about high cost, Alaska Prudhoe Bay and Alberta Oil Sands?

When we read Frost's, The Road Not Taken, neither he nor we know if the path he took was best.   Courtesy: Pinterest Heaven knows we've opined enough on the effect of hostile government policies on the ability of producers in high cost environments to continue producing taxes and royalties for their governments and profits for their shareholders.  We've encouraged northern Alaska state and Canadian provincial governments to spend more time looking outward -- to better understand global competition.  Instead, politicians on both sides of their national boundaries are [...]

3-29-17 Governor’s Government LNG Marketing Efforts Cost Much, Produced Little to Nothing

If you had a multi-billion dollar private sector project... Courtesy Buzzfeed. ...would you hire a government bureaucracy to do it for you?   Actually, this is what is happening.  The citizens of Alaska elected a lawyer who takes over a private sector project, flies around Asia and the Lower 48 on marketing trips, and continues to operate LNG marketing offices in Japan and Houston while supporting tax increases on the oil industry and presiding over a state that refuses to significantly cut its operating budget while its subsidized budget [...]

3-21-17 Economist Roger Marks Fact Checks Lawyer’s “Fair Share” Cliché (UPDATE)

Calgary Herald by Javier Blax.   Exxon Mobil Corp., Royal Dutch Shell Plc and Chevron Corp., are jumping into American shale with gusto, planning to spend a combined $10 billion this year, up from next to nothing only a few years ago.  (Many Alaskan and Alberta elected officials -- obviously -- have no concept of the principle of worldwide competition for attracting natural resource investment dollars.  -dh) Critical Thinking The end of the Alaska Legislature's 2017, third trimester approaches.  The socialist-leaning House majority has cut off debate on their [...]