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 [...]

4-13-17 BP Alaska Exploration President Outlines Company’s Alaska Investments In Spite of Low Oil Price Environment

Announcement from Janet L Weiss, President, BP Alaska Exploration, Inc.   Janet L. Weiss. Northern Gas Pipelines file photo by Dave Harbour. Last week, BP issued its 2016 Annual Report and the required 20-F form submitted to the US Securities and Exchange Commission. Unfortunately, the 20-F form only tells part of our BP Alaska business story which has caused some confusion and a number of questions that I want to help address.   Let me be very clear, the BP Alaska Region did lose money (negative cash flow) [...]

4-11-17 So who thinks Alaska LNG is competitive today?

From our Aussie energy analyst; more LNG from the Middle East: So, does a new tranche of Quatarian gas make North American LNG less or more competitive?  Regardless of your answer does anyone dispute that Alaskan Arctic LNG, with the liability of financing an 800 mile pipe in the high cost North, will be the last to be financed (i.e. without government subsidy)?  -dh Last week we reported on the Qatari announcement that the No. 1 gas exporting nation (but not quite No. 1 footballing nation) was lifting its [...]

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 [...]

4-5-17 Former Alaska Gasline Development Corporation CEO, Dan Fauske, Passed Away Today

   Former Alaska Gasline Development Corporation and Alaska Housing Finance Corporation Chief Executive Officer Dan Fauske passed away today after a courageous battle against cancer.  Our prayers are with his family.  -dh Dan Fauske. Northern Gas Pipelines file photo by Dave Harbour. “Dan Fauske touched the lives of so many Alaskans, first through his work with the North Slope Borough and later as the head of Alaska Housing Finance Corporation and Alaska Gasline Development Corporation. His work helped generate millions of dollars in construction projects and affordable [...]

3-30-17 Alaska LNG, State Fiscal Crisis, Worldwide Competition, U.S. Congress

U.S. Senator Lisa Murkowski. Northern Gas Pipelines file photo by Dave Harbour TODAY: U.S. Sen. Lisa Murkowski, R-Alaska, thanked her colleagues for their work to develop and report, en bloc and by voice vote, a total of 65 bills from members of both parties.   The committee approved seven bills introduced by Chairman Murkowski, as well as subcommittee assignments for Sen. Luther Strange, R-Ala.  More..., Yesterday, the Department of the Interior (DOI) Secretary Ryan Zinke issued a Secretarial Order to formally end the coal leasing moratorium and [...]

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 [...]

3-23-17 New laws/punishments needed for pipeline saboteurs?

Dakota Access pipeline vandalism highlights sabotage risks.  Calgary Herald.  ... BISMARCK, N.D. - The developer of the Dakota Access pipeline has ... of the nearly 3 million miles of pipeline that deliver natural gas and petroleum in the U.S. are vulnerable to acts of sabotage. ... Kelly Sundberg, a professor at Mount Royal University in Calgary, Alberta, 

3-7-17 Former Alaska Gas Pipeline Federal Coordinator Describes Governor’s Request For An EXCLUSIVE FRANCHISE To A Bureaucracy-Owned LNG Project

Op-Ed From Former Federal Gas Pipeline Coordinator, Larry Persily.... State signs on to cover costs of FERC contractor for EIS Larry Persily, Northern Gas Pipelines file photo by Dave Harbour By Larry Persily lpersily@kpb.us March 7, 2017   (This update, provided by the Kenai Peninsula Borough mayor’s office, is part of an ongoing effort to help keep the public informed about the Alaska LNG project.) As part of taking over sole responsibility for the Alaska LNG project, the state has signed an agreement to cover the costs [...]

2-15-17 Should The Attorney General Be Authorized To Support Any Project It Wishes Before The Federal Energy Regulatory Commission?

Below We Have Today's Anticipated Response To The Breaking News We Provided In Our Sunday Column: "Sunday Night: The Quiet Before The Storm" (See the right-hand column for our remedy to the news of the "new" competition)  Supporters push for more consideration of Valdez LNG site Larry Persily. Northern Gas Pipelines file photo by Dave Harbour By Larry Persily lpersily@kpb.us Feb. 15, 2017   (This update, provided by the Kenai Peninsula Borough mayor’s office, is part of an ongoing effort to help keep the public informed about [...]

2-14-17 Happy Valentine’s Day!

More Gas Pipe/LNG Entrigue We noted that YESTERDAY the Alaska governor sought to increase the statutory reach of the Department of Law's Attorney General, so that he (i.e. and various attorney friends of the Administration as well, we presume), could participate in tribunals presided over by the Federal Energy Regulatory Commission (FERC). Here is the bill he submitted to the Legislature. Please review our Sunday night observation and consider that in testimony today before the Senate Finance Committee the President of the Alaska Gasline Development Corporation (AGDC) said that he was aware [...]

2-3-17 Overtaxing Is As Bad As Overfishing – Also Alaska/Alberta Fiscal Crises

Overtaxing Is As Bad As Overfishing Alaska Journal of Commerce by Andrew Jensen Dating back to before statehood, Alaskans know that overfishing is a bad thing. Stopping overfishing of salmon and regaining control of the resource was in fact one of the driving forces in the effort to become a state. What we know about sustainability of our vast fisheries resources is worth applying to yet another debate over another immense asset — our oil — and the means by which that resource is taxed. Get ready for more [...]

ConocoPhillips this morning announced a new Alaska North Slope discovery! … With Massive Subsidy The Fairbanks, Alaska LNG/Gas Distribution Project Struggles On

ConocoPhillips Alaska Inc. today announced a new oil discovery in the Greater Mooses Tooth (GMT) Unit located in the northeast portion of the National Petroleum Reserve – Alaska (NPRA). Here’s a link to the full release Quick reference from the release:  The Willow discovery wells, Tiŋmiaq 2 and 6, were drilled in early 2016 and encountered 72 feet and 42 feet of net pay, respectively, in the Brookian Nanushuk formation. ConocoPhillips has a 78 percent working interest in the discovery and Anadarko Petroleum Corporation holds a 22 percent interest.  [...]

1-11-17

From Ak-Headlamp. At a Greater Fairbanks Chamber of Commerce luncheon in the Carlson Center, senior vice president of Caelus Energy's Alaska operations Pat Foley, nudged Chamber members to contact their legislators and ask for a consistent oil-tax-credit program that encourages investment in the North Slope. "It's a dour time, but I'm optimistic," Foley told Chamber members, "and I think in the next five years, we're going to see that pipeline-training facility full." Foley said the North Slope must remain a vibrant business environment for Caelus to be successful, and legislators should work toward "a tax policy that is [...]

1-9-17 Honest Energy Folks Should Beware of Socialists

Dear Friends: Our long term readers know that this webpage was born over 15 years ago, when certain special interests sought to demonize some Alaskan and some Canadian energy interests.  One of our secondary goals has been to facilitate greater diplomacy and understanding among citizens of both countries -- in support of both separate and joint energy projects.  Hopefully, the sort of blog entry we have today will lead us ever closer to greater understanding among citizens of the two countries.  -dh   "...because that's where the [...]