4-15-20 Alaska Joins Other States/Canadian Provinces In Shouldering Double Whammy: CCPVirus + Oil Price Collapse

Please find this MOST INFORMATIVE oil and gas presentation on current status of the industry by Canary, LLC CEO Dan K. Eberhart (@dankeberhart), delivered to members of the Alaska Support Industry Alliance on April 9. Double bonus: Here's Dan's current take on the Texas RRC consideration of ordering production cuts vs. free market forces...followed by this Yahoo report on the result of the hearing (i.e. a difficult decision for the 3 commissioners). -dh Must Read Alaska: Fradulent Oil Tax Initiative Signatures?! Has it ever been tougher for the state's [...]

4-9-20 A Revealing Look At The Status Of TODAY’S Oil & Gas Industry!

Below are the speaker's notes from an online presentation delivered today to members of the Alaska Support Industry Alliance.  Their thousands of employees of some 400 employers provide the muscle enabling the enormous oil, gas and mining production in America's largest -- and sole -- Arctic state. Alaska Support Industry Alliance Webinar Briefing For Members By Dan K. Eberhart, Canary LLC (Photo) (Twitter account contact: @dankeberhart) Whatever happened to “In like a lion, out like a lamb?” March has been a month many of us would rather forget. The twin [...]

11-30-19 RDC Conference Touts O&G. Mining, Tourism, Ocean Policy, Forestry Opportunity

Alaskanomics's Blog The 40th Annual Alaska Resources ConferencePosted: 29 Nov 2019 03:37 PM PSTLast week, the Resource Development Council (RDC) hosted its 40th Annual Alaska Resources Conference in Anchorage. The event is the chance for leaders from the tourism, fishery, oil and gas, mining, and forestry industries to come together and share highlights and frustrations from the past year and look forward to the coming year.Overall the presenters and attendees were optimistic about the future of the resources industries in Alaska. There were concerns due to the tariffs being raised on fish, timber, [...]

11-22-19 CeraWeek In Houston. Why Go?

Q.  Why should our readers attend CeraWeek in Houston? Dan Yergin, NGP file photo, by Dave Harbour (NARUC). A.  Because our old friend from Arctic Gas days in the '70s, Daniel Yergin, invites us to the most important energy conference of the year! (Note: Daniel Yergin, Vice Chairman IHS Markit, CERAWeek Chairman and James Rosenfield, Senior Vice President, IHS Markit, CERAWeek Founder & Co-Chairman, co-host CERAWeek.) Waves of Change: Charting the Energy Future Energy Secretary Rick Perry. NGP file Photo by Dave Harbour Strategic confrontation and fractious geopolitics, disruptive [...]

11-16-19, NORTHERN ENERGY HISTORY: Exxon’s Important North Slope Position Includes Prudhoe Bay AND Point Tompson!

Producers 2019: Exxon pursuing two fronts Operator’s ultimate goal at North Slope Point Thomson unit is marketing 8 Tcf of natural gas Kay Cashman Petroleum News Caribou on oil industry gravel pad. Five feet above the mosquito infested tundra decreases mosquito caused mortality among spring-born calves. -dh One of the earliest explorers in Alaska and one of the primary working interest owners on the North Slope, ExxonMobil did not embark on the $4 billion Point Thomson development just to produce 10,000 barrels of condensate a day. Production [...]

6-17-19 ConocoPhillips Acquires Caelus’ North Slope Nuna Discovery Acreage

ConocoPhillips Signs Agreement with Caelus Natural Resources to Acquire Nuna Discovery Acreage ConocoPhillips Alaska (COPA) today announced that it has entered into an agreement with Caelus Natural Resources Alaska, LLC to acquire 100 percent of the Nuna discovery, located just east of the Colville River and approximately five miles southwest of the Oooguruk Field. The Nuna prospect was announced as a discovery in 2012. The purchase includes 11 tracts covering 21,000 acres. Over the next several years, COPA will appraise Nuna with a goal toward making a final investment [...]

3-26-19 Alaska Governor Michael Dunleavy Works to ‘Bring Home the Bacon’ From CERA Week!

Michael J. Dunleavy in Special Dialogue... Dan Yergin, NGP file photo, by Dave Harbour (NARUC). ...with Dr. Daniel Yergin, Vice Chairman IHS Markit 24:19.  (Note: Your publisher first met Dr. Yergin in the 1970s when the latter was a rising star in the energy/environmental consulting field.) Report: On Friday, March 22, 2019, Alaska Governor Michael J. Dunleavy addressed a crowded room at the international energy conference known as CERAWeek, an annual gathering in Houston, TX attended by more than 4,500 individuals from over 70 countries and regions. [...]

3-18-19 Lest We Forget: Alaska Once Had A Stable Investment Climate!

Correction: in our recent email alert we rightly associated Anchorage property taxpayers with proposed bonded indebtedness but inadvertently associated property taxpayers with a proposed liquor tax.  -dh Lest We Forget: Alaska Once Created Two Decades Of Investment/Tax/Economic/Social Stability Commentary by Dave Harbour TRANS ALASKA PIPELINE SYSTEM (TAPS) Thirty-Eight years ago today, Alaska created what was to be two decades of "quasi"-fiscal stability.  We say, "quasi" because even in the wake of "reform", politicians would continuously be seeking more revenue. But let us begin the story this way.  [...]

1-3-19 Shell Leads Big Canadian LNG Project

Comment: Alaskan investors have have been trying to engineer an economically feasible, North Slope LNG export project for over 40 years. British Columbia, also has LNG fever.  It struggles with a half dozen economically feasible export schemes -- occasionally confounded by Aboriginal claims, environmental activist obstruction and now, low LNG prices flowing from depressed world economies and a plethora of competitive LNG projects (See CBC review below). Unlike Alaska, the overwhelming majority of worldwide LNG export projects do not carry the burden of having to finance an 800 mile [...]

8-17-18

Let's Weigh In On Alaska's NPRA Willow Prospect! This Alert thankfully created by our friends at Resource Development Council of Alaska!  (Note: A simple comment means much and only takes a few minuts.  Let our readers be heard!) The Bureau of Land Management (BLM) is now taking public comments for the Master Development Plan Environmental Impact Statement (MDP/EIS) for the Willow oil and gas prospect within the Bear Tooth Unit of the National Petroleum Reserve-Alaska (NPR-A). The MDP/EIS will analyze the environmental impacts and appropriate mitigation measures for the [...]

By |2018-08-17T08:35:49-09:00August 17th, 2018|NPR-A|0 Comments

5-17-18 Support National Petroleum Reserve – Alaska Energy TODAY!

National Petroleum Reserve Alaska Deadline TODAY! Our friends with Resource Development Council for Alaska remind us of today's deadline for commenting on another outstanding petroleum reserve project. (Read Full Alert.  See RDC's submitted comment letter here) We join RDC in commenting and urging our readers to do the same: The comment deadline for the Greater Mooses Tooth 2 (GMT2) project in the National Petroleum Reserve-Alaska is today. ConocoPhillips Alaska submitted an application to move forward with the project in August 2015. The comment period pertains to a Draft Supplemental Environmental [...]

2-22-18

"...the path to American Energy Dominance starts in Alaska." -RZ Ryan Zinke. Northern Gas Pipelines file photo by Dave Harbour WASHINGTON – Two senior U.S. Geological Survey officials have stepped down after Interior Secretary Ryan Zinke demanded that they provide his office with confidential data on the National Petroleum Reserve-Alaska before it was released to the general public. Murray Hitzman and Larry Meinert – who had served as the agency's associate director for energy and minerals and acting deputy associate director for energy and minerals mission area, [...]

1-19-18 Alaska and Alberta: Resist Socialism!

Nicolas Maduro, Venezuela's socialist (i.e. communist) dictator. Comment: We continually urge Alaska and Alberta to control spending and taxation.  The two oil supported governments should resist the move toward socialism which unsuccessfully manages economies, kills economic growth, produces run-away unemployment and inflation and results in dictatorship and loss of freedom.  Following is an example of an oil-fired economy ruined by socialist dictatorship.  -dh Looting of food stores spreads in Venezuela as inflation tops 2600%.  Things are going from bad to worse in Venezuela as growing food shortages are [...]

8-1-17 We Congratulate Fox News For Its New Alaska Map

MORNING HEADLAMP: A TALE OF TWO WALKERS – BEST OF TIMES, WORST OF TIMES (Please note that this 7:35 p.m., EST version replaces an earlier, unedited draft.  -dh) Why Fox News' Initiative To Properly Portray Alaska's Size & Location Is Important To Alaskans ... And, To All Americans Commentary by Dave Harbour Fox's improved North American map more accurately contrasts Alaska's size, position and importance relative to the Lower 48 states. 7-29-17. -dh Caribou on oil industry gravel pad. Being five feet above the mosquito infested [...]

7-18-17 Today in Congress it’s “all about Alaska”!

Today, the Subcommittee on Energy and Mineral Resources held an oversight hearing on onshore oil and gas development in Alaska. Panel members highlighted the many benefits for Alaska and the Lower 48 if the Arctic National Wildlife Refuge (ANWR) and the National Petroleum Reserve-Alaska (NPR-A) were opened for responsible exploration and development. “Energy development in the State of Alaska is a key component of achieving American energy independence. Enabling new opportunities for exploration and development, especially in the NPR-A and in ANWR, will create thousands of good jobs [and] [...]