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Biden Administration greenlights ConocoPhillips Willow project in Alaska

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US Department of the Interior has approved a scaled-back version of ConocoPhillips’ Willow Master Development Plan in the National Petroleum Reserve-Alaska (NPR-A). The Willow project is estimated to produce 180,000 barrels of oil per day at its peak. Earlier post.) President Biden will also take action to designate approximately 2.8

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USGS releases first shale-oil and shale-gas resource potential assessment for the Alaska North Slope

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The US Geological Survey has released its first estimate of the potential of undiscovered, technically recoverable onshore shale oil and gas resources in Alaska’s North Slope. Northern Alaska province showing boundaries of assessment units (AU). However, these shales also likely retain oil and gas that did not migrate.

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Shell backs out of Alaska for foreseeable future with financial hit

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Shell announced on Monday that it will cease further exploration activity in offshore Alaska for the foreseeable future. The balance sheet carrying value of Shell’s Alaska position is approximately $3.0 The Burger J well is approximately 150 miles (241 km) from Barrow, Alaska, in about 150 feet (46 meters) of water.

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Obama and Trudeau put majority of US and Canadian Arctic water off-limits to offshore oil and gas leasing

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US President Obama and Canadian Prime Minister Trudeau jointly announced sweeping restrictions to offshore oil and gas leasing in the US and Canadian Arctic waters. Obama designated the vast majority of US waters in the Chukchi and Beaufort Seas as indefinitely off limits to offshore oil and gas leasing.

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Dept. of Interior approves Shell Chukchi Sea oil spill response plan; next steps to shallow-water Arctic exploration

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s (Shell) Oil Spill Response Plan (OSRP) for the Chukchi Sea. Shell has committed to provide for the following emergency contingencies: the availability of a capping stack to shut off any flow of oil if other shut-off systems fail; the capability to capture and collect oil from that stack; and.

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BSEE approves new drilling operations by Eni in Arctic; extended reach drilling

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The Bureau’s approval allows Eni to move forward with new exploration in federal waters, but only after a review by BSEE Alaska Region personnel to ensure the request met appropriate technical adequacy, safety and environmental sustainability standards.

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US and Japan partnership to test methane hydrate production technologies on Alaskas North Slope

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The US Department of Energy; the Japan Oil, Gas and Metals National Corporation; and ConocoPhillips will work together to test technologies for producing methane gas from hydrate deposits on the Alaska North Slope. Methane hydrate consists of molecules of natural gas trapped in an open rigid framework of water molecules.

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