Arctic

Exploration & Production , Legislation , Lease Sales

Biden Administration to Scrap Trump Plan for Wider Alaska Oil Drilling

The U.S. Department of the Interior said it will scrap the Trump administration’s decision that authorized expanded leasing and development in the National Petroleum Reserve in Alaska, or NPR-A.

January 11, 2022

Exploration & Production , Lease Sales

Paltry Bidding for Alaska Oil Lease Sale

The only bidders were Louisiana-based independent Lagniappe Alaska LLC, which submitted bids for five North Slope tracts, and Savant Alaska LLC, operator of the Badami field on the eastern North Slope.

November 4, 2021

Exploration & Production

Hilcorp to Replace Exxon Mobil as Operator of Alaskan Oil Field

Exxon Mobil signed an agreement with Hilcorp to transfer the Point Thomson operator position, said Exxon spokeswoman Julie King, with the change in operatorship expected by early 2022.

October 25, 2021

Field Development , Discoveries , International , Health, Safety & Environment

EU To Seek Ban on Oil, Gas Exploration in the Arctic

The European Commission proposal reflects the EU's efforts to boost its role on the global stage, though it has limited influence in the Arctic.

October 13, 2021

Exploration & Production , Legislation

US House Democrat Proposes Repeal of Arctic Refuge Oil Lease

The office of House Natural Resources Chairman Raul Grijalva released legislation that repeals the Arctic National Wildlife Refuge (ANWR) oil and gas program.

September 1, 2021

Exploration & Production , Health, Safety & Environment

US Orders New Review of Drilling in Alaska Wildlife Refuge

The widely anticipated move comes two months after U.S. President Joe Biden’s administration suspended the nine leases in the Arctic National Wildlife Refuge pending an environmental analysis.

August 3, 2021

Field Development

Greenland Ends Unsuccessful 50-Year Bid to Produce Oil

Greenland has ended its 50-year ambition to become an oil producing nation after announcing on July 16 it would suspend a strategy of searching for oil and would stop granting exploration licenses.

July 16, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (July 1, 2021)

Pantheon Resources North Slope test, Chesapeake Marcellus well completion plus EOG Resources Eagleville Field wells producing from the Eagle Ford Shale and Austin Chalk top this week’s oil and gas drilling activity highlights from around the world.

July 1, 2021

Exploration & Production , Lease Sales

Norway Awards Arctic Oil Exploration Permits, But Fewer Firms Apply

The awards were part of Norway’s licensing rounds that cover previously unexplored frontier areas.

June 24, 2021

Exploration & Production , Policy & Regulations

US Suspends Arctic National Wildlife Refuge Oil Leases Pending Review

The order reverses an effort to expand oil and gas development in the U.S. by the Trump administration.

June 1, 2021