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Caelus confirms large-scale oil discovery on the North Slope of Alaska

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Caelus Energy Alaska, LLC, a privately held independent exploration and production company, announced that its subsidiary, Caelus Energy Alaska Smith Bay LLC, has made a significant light oil discovery on its Smith Bay state leases on the North Slope of Alaska. We’re proof that the credit programs work.

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IHS Markit: Alaska North Slope a super basin ready for resurgence; production to grow 40% in 8 years

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Based on recent discoveries, the IHS Markit Plays and Basins: Alaska North Slope (ANS) Basin; Resurgence in an Arrested, Late-emerging Super Basin analysis estimates that the ANS Basin offers 38 billion barrels of oil equivalent (BOE) in remaining recoverable resources (50 trillion cubic feet (TCF) of gas, and 28 billion barrels of oil).

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Repsol, Armstrong Energy make largest US onshore oil discovery in 30 years; 1.2B barrels in Alaska

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billion barrels of recoverable light oil in the Nanushuk play in Alaska’s North Slope. The contingent resources identified with the existing data in Repsol and Armstrong Energy’s blocks in the Nanushuk play in Alaska could amount to approximately 1.2 billion barrels.

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DOE: Average annual gasoline taxes paid per vehicle, by state, 2019

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According to the Federal Highway Administration, the average fuel economy for all light vehicles on the road today is 22.3 cents in Alaska to 58.7 Source: Calculated by Oak Ridge National Laboratory using average annual miles and average fuel economy of the light-duty vehicle population from the U.S. cents in Pennsylvania.

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UCG company Linc Energy completes drilling of first gas exploration well in Alaska

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Underground coal gasification company Linc Energy has completed the drilling of the LEA #1 exploration well in the Point Mackenzie Block of the Cook Inlet Basin in Alaska, USA. I am very excited about the opportunity that Alaska offers, particularly for the potential for early cashflow to Linc Energy. Earlier post.).

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Rosneft touts major light oil find from “northernmost well in the world” in the Arctic

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It is an astonishing sample of light oil, which based on the results of the analysis performed, is comparable to the Siberian Light oil. I can inform you about the discovery of the first oil/gas-condensate field in the new Kara sea oil province. The first oil was extracted.

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Ninth annual Green Innovation Index finds California light-duty vehicle emissions spike; major challenge to 2030 climate goals

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However, although the state has made considerable progress decoupling economic growth from greenhouse gas (GHG) emissions, the rate of emissions decline appears to be slowing, due in part to a spike in transportation emissions attributed to an increase from light-duty vehicles. in emissions from on-road vehicles. million MTCO 2 e of the 4.9