State regulators say they don’t yet know how serious the incident is, or what amount of oil or gas has been released. BP says there have been no injuries.
North Slope
Trial date set in lawsuit challenging Alaska town’s new name
Critics of the new Inupiat Eskimo name of the nation’s northernmost town are taking their opposition to trial, despite losing a key legal fight last month.
Alaska lawmakers, industry, grapple with oil subsidies
House Bill 111 is the latest proposed tweak to the state’s oil tax system, one that supporters hope will get the state out of the business of writing checks to oil companies.
Will a Texan-Australian partnership bring the ‘shale revolution’ to the North Slope?
This week, 88 Energy announced they’ve started setting up a rig on the North Slope to drill a second well for Project Icewine. According to a recent 88 Energy presentation, the company thinks its leases may hold between 1.4 and 3.6 billion barrels of oil.
State reduces Hilcorp fine for 2015 worker safety incident
After investigating the incident, AOGCC took the highly unusual step of shutting down all four of Hilcorp’s rigs operating on existing wells in the state for nearly a month.
Public testimony tilts against oil and gas tax overhaul
Most Alaskans who offered public testimony Wednesday on a proposed overhaul of the state’s oil and gas taxes and tax credits opposed the measure. House Bill 111 would also increase minimum production taxes.