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More proof that production isn't a priority for Obama administration

...That's what candidate Obama pitched prior to the 2008 election.Yes, we do hope things change for oil and gas production on federal lands, here in Alaska and elsewhere. But it will fall to others to make it happen.
ConocoPhillips to reopen Kenai LNG plant, resume exports

...gas in Cook Inlet fields. The gas supply situation has now improved due to new drilling to the point that a surplus would be available for export during summer.In winter, however, gas production will be reserved for local utilities.
State | AK legislature
Alaska officials revise oil production estimates

...less in expected investment earnings.The state is expected to receive $2.4 billion this year from the oil and gas production tax and $1.7 billion next year, both estimates up from last fall's forecast. The state received about $4...
State | AK legislature
State LNG take could be $3B by 2024

...achieve a 20 percent to 25 percent overall share of the gas production and to take a corresponding share of the project itself...what if the state later decided to increase its gas production tax?Because the state would be taking its tax in-kind...
State | AK legislature
BP drilling increases 30% in 2013, more planned for '14

...stepped up by BP and ConocoPhillips, the two major North Slope operators, following changes to the state's oil and gas production tax by the state Legislature last April. The new tax went into effect Jan. 1.BP spokeswoman Dawn Patience said...
State signs deal to advance LNG line

...state's share."As an equity partner, the state will play a critical role in setting the terms for decades-worth of gas production from the North Slope," Natural Resources Commissioner Joe Balash said in a statement Wednesday. "In setting these...
More questions than answers for oil and gas in new year

...and it is highly likely this will continue, unless oil prices crash.Furie is now planning the installation of a gas production platform, so its 2014 activities seem assured. Buccaneer's work will depend, however, on pending release of...
Workforce will double on large LNG project

...may be waiting for is some signal from the state on a long-term fiscal agreement," on tax and royalty terms for gas production, which the companies say they need."There may be kind of a dance going on, with them taking incremental steps...
Alaska's need to be front and center in national energy production

...federal revenues to help pay for the impacts of oil and gas production and fund essential public services and facilities...state lands, the bulk of Alaska's future oil and gas production will come from federal lands and waters. That's...
Official: Alaska eyeing equity stake in pipeline

...with the companies to keep the project on track.The Legislature at some point will have to revisit the issue of gas production taxes, which was left unresolved during the recent rewrite of the state's oil tax law. Balash said it's premature...


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