Oil and gas companies have been making waves with developments in Cook Inlet and the Kenai Peninsula during the past year and companies are looking… Continue reading
After drilling 3,700 feet and not hitting hydrocarbons, Buccaneer Energy Alaska will abandon its West Eagle No. 1 well about 20 miles east of Homer,… Continue reading
Cleanup of drilling cuttings, hydraulic fluids and other potentially hazardous waste continues at the site of a truck crash last week near Mile 9.5 East… Continue reading
The Homer City Council earlier this month unanimously passed a resolution expressing and formalizing the city’s position and policy that “oil and gas drilling rigs… Continue reading
The oil tax law touted as guaranteeing Alaska a bigger slice of the profits pie when oil prices rise may well have boomeranged. A “progressivity”… Continue reading
After a brief presentation by Buccaneer Alaska Operations LLC representatives, Kenai Planning and Zoning Commission members unanimously approved a conditional use permit for the company’s… Continue reading
Buccaneer Energy Ltd. is having its share of problems with its Cook Inlet offshore exploration. The company has pulled its Endeavour jack-up rig off a… Continue reading
Although Homer city officials said they hoped the jack-up rig Endeavour-Spirit of Independence would moor at the Deep Water Dock this winter, the rig has… Continue reading
Late last week, Buccaneer Energy announced that “all outstanding approvals and permits have been granted” for the company’s drilling operations on its West Eagle Unit… Continue reading
Buccaneer Energy CEO Curtis Burton says he is very pleased with results so far on the company’s Cosmo No. 1 exploration well in Cook Inlet,… Continue reading
New gas contracts are being signed with Southcentral electric utilities, alleviating concerns that there could be near-term gas shortages. Hilcorp Energy has concluded new gas… Continue reading
Almost a year after announcing it would convert two of its vessels to liquefied natural gas, officials with Totem Ocean Trailer Express Inc., or TOTE,… Continue reading
Independent oil and gas explorer Buccaneer Energy says it would prefer a subsea production system for the development of Cosmopolitan, an oil and gas deposit… Continue reading
Two closely watched Cook Inlet exploration wells being drilled with jack-up rigs are reported to have reached or are approaching their target depths. Furie Operating… Continue reading
After launching one of the largest and fastest 3D seismic data gathering campaigns in Cook Inlet’s history, Apache Oil Corp.’s work in the area has… Continue reading
Buccaneer Energy has spudded its first well with the Endeavour-Spirit of Independence jack-up rig nine months after it arrived in Alaska waters from Singapore. Buccaneer,… Continue reading
JUNEAU — The state Department of Revenue issued its spring oil revenue and production forecast Friday and is projecting lower North Slope oil petroleum revenues… Continue reading
With little fanfare but much anticipation, a small group of residents watched early last Friday morning as the Endeavour-Spirit Independence jack-up rig left the Homer… Continue reading
The jack-up rig Endeavour-Spirit of Independence received one of its certifications that will allow it to move soon to the Cosmopolitan oil and gas lease… Continue reading
Shell broke its weeks-long silence on the status of its two Arctic drill rigs Feb. 11. The Kulluk and Noble Discoverer, two drill vessels used… Continue reading
