Falling crude oil output in Alaska is complicating operation of the Trans-Alaska Pipeline System from the North Slope to Valdez, and the high costs facing producers is the biggest challenge to reversing the trend, according to Tom Barrett, US Coast Guard Admiral (Ret.) and President of Alyeska Pipeline Service Company. The 800-mile TAPS pipeline “was brilliantly… Keep reading →
Perforating unconventional oil & gas wells as part of the hydraulic fracturing process uses armor-piercing charges, Senior Petroleum Engineer for Wagner & Brown Billy Harris told the audience yesterday at the USAEE/IAEE North American Conference in Anchorage, Alaska. Given the powerful nature of the explosives, some countries have strict regulations controlling their use. “Perf guns… Keep reading →
Natural gas has been gaining global market share from oil for several years, but gas markets remain fragmented and a true global market for natural gas has yet to emerge. The North American shale gas revolution significantly altered gas supply, demand and pricing dynamics in many regions and dramatically changed the situation in Alaska. “Alaska… Keep reading →
With all the great speakers and presentations at the USAEE /IAEE North American Conference in Anchorage this week, it’s hard to pick and choose among so many well-expressed ideas. Our USAEE updates represent just a few of our favorite quotes from the ongoing events. Alaska’s oil output has been falling steadily over the past several… Keep reading →
Alaska Senator Lisa Murkowski addressed the USAEE/IAEE North American Conference via webcast on Monday with a short speech on the importance of federal policy in determining energy outcomes. And she addressed a question raised at a recent hearing before the Senate Energy and Natural Resources Committee – of which she is ranking member – why… Keep reading →
The 32nd US Association of Energy Economics/International Association of Energy Economics brings together a diverse group of delegates and speakers representing private business, government and academia to discuss pressing energy issues of the day. This year’s event officially kicked off on Monday in Anchorage, Alaska, where the state is enjoying one of its nicest summers… Keep reading →
Several of the Lower 48 United States, such as North Dakota, are in the midst of rapid oil sector growth. Meanwhile, oil output in Alaska – traditionally a producing state – is declining. And who owns the land could be a factor in that disparity. US oil production has grown rapidly over the past… Keep reading →
Last Friday, Alaska Governor Sean Parnell reacted to the US Fish and Wildlife Service’s rejection of the state’s Arctic National Wildlife Refuge (ANWR) exploration plan. Parnell has been pushing to open up a section of ANWR to exploration, and submitted a proposal earlier this year to the Secretary of the Interior to conduct 3-D seismic… Keep reading →
An offshore natural gas well blew out yesterday in the Gulf of Mexico about 150 miles south of the Louisiana coast. All personnel were safely evacuated and no injuries were reported. Environmental group Natural Resources Defense Council took the opportunity to comment on risk associated with petroleum development and suggested that risk is too great… Keep reading →
DOE released a report examining the impacts of climate change on the nation’s energy and electricity infrastructure, including an assessment of ongoing efforts and potential opportunities to improve the energy sector’s climate resilience. On July 11, 2013, the Department of Energy (DOE) released a report examining current and future impacts of climate change on… Keep reading →
