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AOGCC keeps eye on safety, maximum recovery

...jointly-owned fields keep their full share of allocated production and that the State of Alaska gets its full share of state royalty oil, which is typically one-eighth or one-sixth of production depending on the lease.A new landscapeThe Gulf of...
Kansas firm negotiating with Williams

FAIRBANKS - The state is negotiating with a potential buyer of state royalty oil for use at the Williams refinery in North Pole, Gov. Frank Murkowski said. Flint Hills Resources of Wichita, Kan., is negotiating...
Company drops N. Pole refinery expansion plans

...Hills announced plans to purchase the North Pole refinery and other Alaska assets owned by Williams Co. To purchase state royalty oil to process in the refinery, Flint Hills entered into an agreement with the state that included the provision the...
North Pole refinery shuts down one of three processing units

...faced by the refinery. The problems peaked with oil prices last summer, the company said, in part because it buys state royalty oil at premium prices. In May, Flint Hills President Brad Razook said the company was evaluating whether to shut down...
Refinery owner closes Texas chemical plant

...state lawmakers recently that the refinery has lost money for the past year and is constrained by high prices for state royalty oil and tight federal standards on fuels and production. The plant makes jet fuel, home heating fuel and vehicle fuel...
Juneau Empire Online Archive Local News: State and local briefs 6/2/98

...lump sum payment of $66.1 million to clear a settlement it reached six years ago with the state over payments for state royalty oil. About three-quarters of the money will go into the Constitutional Budget Reserve, a rainy-day fund the...


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