Big Lake, Alaska and The Susitna Valley News, Weather, Events, And More

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Thursday, February 22 2018 @ 07:39 AM AKST

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Administrative Order Stops Six Projects

Energy December 27, 2014, JUNEAU – Governor Bill Walker issued an administrative order on Friday, December 26, to direct all state agencies to stop non-obligated spending on the following six projects: Ambler Road, Juneau Access Road, Susitna-Watana Dam, Kodiak Launch Complex, Knik Arm Crossing and Alaska Stand Alone Pipeline Project.

“Our budget deficit grows deeper as oil prices go lower,” Governor Walker said. “These are large projects that require significantly more state investment to complete. I’ve requested that state agencies not enter into any new contracts until we’ve had a chance to look at the various projects.”

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Governor Signs LNG Agreement with REI, Inc

EnergyDecember 23, 2014, JUNEAU – Governor Bill Walker at noon Tuesday will take an important step forward in securing Alaska’s energy future by signing a liquefied natural gas agreement with Japan-based Resources Energy, Incorporated.

“I look forward to signing this memorandum of understanding with Resources Energy, Incorporated,” Governor Walker said. “This agreement is an extension of Alaska’s longstanding partnership with Japan in energy markets.”

After the 2011 earthquake in Japan shut down the Fukushima nuclear power plant, several Japanese prefectures are looking to replace nuclear energy with liquefied natural gas supplies. Resources Energy, Inc., chose Alaska as the preferred source of LNG for Japan. The state has provided LNG to Japanese markets for more than four decades.

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Division of Oil and Gas publishes review of DR&R policies and procedures

EnergyThe Alaska Division of Oil and Gas has published a third-party review of dismantlement, removal and remediation (DR&R) policies and procedures in domestic and foreign jurisdictions.

The Division commissioned the review on June 30, 2014 as part of its ongoing review of DR&R procedures for oil and gas infrastructure located on State lands. DR&R can include removal of roads, facilities and pipelines, plugging and abandonment of wells, and environmental restoration work.

The consulting firm Arcadis conducted the review under a state contract and submitted a final document on Friday. The report, titled Decommissioning, Removal and Restoration Regulatory Review, is available on the Division’s website at http://dog.dnr.alaska.gov/

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DEC launches Burn Wise Alaska

Energy(JUNEAU, AK)–The Alaska Department of Environmental Conservation is pleased to announce the Burn Wise Alaska campaign. Under the slogan “Burn Wise, Breathe Easy” the campaign is intended to help wood burners understand how best to burn wood as a heat source while saving money and reducing the harmful effects of wood smoke. The campaign includes public service announcements, print announcements, a website, social media outreach and other educational materials.

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Governor Lauds Alaska LNG Project Milestone

EnergyNovember 24, 2014, Juneau, Alaska – Governor Sean Parnell lauded the Department of Energy for authorizing the Alaska LNG Project to export gas to Free Trade Agreement Nations. In addition to exporting gas, the Alaska LNG Project will make gas available to Alaskans through off-take points in Alaska.

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Northern Alaska oil and gas lease sales net nearly $60 million

Energy(Anchorage, AK) –The State of Alaska today received $59.7 million in high bids for its annual Northern Alaska oil and gas lease sales – the third highest amount received in state history.

Competition was high among bidders – seven lease tracts received a bid of $1 million or higher and a total of 56 tracts attracted competition from multiple companies. Today’s two highest winning bids, both for $2,538 per acre and submitted by 70 & 148 LLC, netted a combined $13 million for the State.

Based on preliminary results from today’s bid opening, the Division of Oil and Gas received a total of 356 bids from 12 different bidding groups on 298 tracts encompassing approximately 641,696 acres.
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Independents making headway with Cook Inlet, North Slope developments

Energy(Anchorage, AK) – Independent oil companies are boosting oil production in Cook Inlet and a new independent-led project on the North Slope is beginning to take shape, with royalty incentives playing a role in both cases.

A recent trend of increasing offshore oil production from Cook Inlet continued in the third quarter of 2014, resulting in both higher royalty rates and payments to the State of Alaska.

Cook Inlet offshore oil production increased from 13,677 barrels per day (bpd) in the second quarter of 2014 to 15,486 bpd in the third quarter. This increase reflects an ongoing upward trend in Cook Inlet oil production over the past two years.

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Gov Applauds Mustang Oil Field Announcement

EnergyOctober 29, 2014, Anchorage, Alaska – Governor Sean Parnell released a statement today on a positive announcement made by Brooks Range Petroleum (BRP) regarding 2016 oil production on the North Slope.

“I applaud the recent announcement by Brooks Range Petroleum to develop a new North Slope production facility representing 15,000 additional barrels of oil production in the Southern Miluveach Unit,” said Governor Parnell. “Production of oil is expected to begin in 2016, creating approximately 250 construction jobs and 500 permanent direct and indirect jobs. This development by a smaller independent is even more proof that the passage of SB21, the More Alaska Production Act, is having an immediate and substantial impact as investors around the globe, once again, are turning their attention north, toward our great state.”

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New Drill Site at Kuparuk

EnergyOctober 24, 2014, Anchorage, Alaska – Governor Sean Parnell today welcomed the announcement from ConocoPhillips that the company will construct a new drill site at Kuparuk that is expected to produce 8,000 barrels of oil a day at peak production. The company credits SB 21, the More Alaska Production Act, legislation sponsored by Governor Parnell, for moving the project forward.

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State awards leases at ANWR boundary

Energy(Anchorage, AK) – Following a thorough review of the western boundary of the Arctic National Wildlife Refuge (ANWR), the Division of Oil and Gas today awarded two Beaufort Sea leases pending since 2011 and published tract maps for the Nov. 19 North Slope and Beaufort Sea oil and gas lease sales that accurately reflect the boundary.

The division’s actions are based on the State’s assertion that it owns roughly 3,000 acres of tidal and submerged lands along the Beaufort Sea coastline that were improperly mapped as part of ANWR.

“I’m pleased that we are now able to award these leases to the 2011 bidders and clarify the acreage that is available for oil and gas exploration in this highly-prospective region,” said Natural Resources Commissioner Joe Balash.

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FERC Approves LNG Project Pre-Filing Request

EnergySeptember 18, 2014, Anchorage, Alaska – Governor Sean Parnell today welcomed the news the U.S. Department of Energy (DOE) has initiated the public process for the Alaska LNG Project’s application for export authorization – another key milestone in bringing North Slope gas to market.

The DOE published a Federal Register notice of the project’s export application on Wednesday, triggering a 60-day public comment period on the application filed in mid-July. Another milestone was reached last week when the Federal Energy Regulatory Commission (FERC) approved the project’s request for pre-filing, which initiates the commission’s review of the project under the National Environmental Policy Act. FERC issued its approval for pre-filing on September 12, a week following the request.

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State Continues to Press for ANWR Exploration

EnergySeptember 8, 2014, Juneau, Alaska – The State of Alaska today filed a motion for summary judgment in its ongoing litigation in the U.S. District Court for the District of Alaska to order the federal government to allow exploration inside the coastal plain or “Section 1002” area of the Arctic National Wildlife Refuge (ANWR). The motion challenges the U.S. Fish & Wildlife Service’s (FWS) refusal to consider the State’s carefully developed geophysical exploration plan for the coastal plain. The State’s plan, developed under the direction of Governor Parnell, complies with existing federal law authorizing the gathering of up-to-date scientific information about the oil and gas resource potential of the coastal plain.

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More Progress on Alaska LNG Project

EnergySeptember 8, 2014, Juneau, Alaska – Governor Sean Parnell today welcomed news that the Alaska LNG Project reached another milestone with its formal request to the Federal Energy Regulatory Commission (FERC) to begin the pre-file process for the natural gas project. In doing so, the project triggers FERC’s National Environmental Policy Act permitting process.

Governor Parnell also announced today the State of Alaska and Japan’s Ministry of Economy, Trade and Industry (METI) signed a Memorandum of Cooperation regarding the Alaska LNG Project and other natural resource development opportunities in Alaska.

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Gov. Notes Secretary’s Commitment to AK LNG

EnergyAnchorage, Alaska – Governor Sean Parnell issued the following statement after the U.S. Department of Energy announced the Alaska Liquefied Natural Gas (LNG) Project is exempt from a new rule changing how the department handles LNG export permissions. The exemption greatly streamlines the Alaska LNG Project application.

“This is a clear signal the Alaska LNG Project is gaining momentum,” Governor Parnell said. “I appreciate Secretary Ernest Moniz’s commitment to the project and am glad to hear the Energy Department strongly supports an Alaska gasline. The Alaska LNG Project will create thousands of Alaska jobs, and fuel homes and businesses from the North Slope to Fairbanks and across dozens of communities in Alaska. The secretary clearly recognizes Alaska is an emerging natural gas province.”
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Governor Strengthens In-State Refineries

EnergyJuly 29, 2014, Kenai, Alaska – Governor Sean Parnell today signed legislation he sponsored to provide incentives for more healthy Alaska refineries.

“We support Alaska's oil being refined for Alaskans' use and the jobs that come with it,” Governor Parnell said. “By providing a more favorable tax climate for in-state refining, we can have a more secure future in refining. A healthy refining industry will continue to provide jobs for Alaskans, heat our homes, and power our military.”

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