Morning Headlamp — New face at Alaska DNR

New Deputy (Commissioner) in town. The Alaska Department of Natural Resources announced it has hired a new deputy commissioner in charge of oil and gas. Mark Wiggin left Brooks Range Petroleum where he worked as an engineering and development manager, to take the post. Wiggin will work under Commissioner Andy Mack, who took the reins of the Department in July. “His knowledge of upstream oil and gas issues, his experience in project development, and his work on resource economics and policy will add valuable expertise to DNR,” Mack said

BP Chief Executive Bob Dudley said in an interview on Wednesday that the company does not plan to increase annual investments this decade but still expects to bring nine new projects online in 2017. “I don’t think we need to and I don’t want to increase our capex for the rest of the decade. We’ve got to maintain that discipline,” Dudley said.

Three times the fun. ExxonMobil is in the early planning stages to at least triple production from its Point Thomson natural gas facility. Corporate spokesman Aaron Stryk wrote in a response to questions from the Journal that the company is progressing planning for “potential gas expansion concept” that would ultimately supply natural gas to the $45 billion-plus Alaska LNG Project. Expanding the gas processing facilities and increasing production from the large Eastern North Slope gas field would also comply with the development schedule laid out in the Point Thomson Settlement Agreement the company reached with the state in March 2012.

Cruz Construction Inc. will be at the Tolsona No.1 drill site early next week to set the cellar and conductor. Residents and visitors may see an increase in traffic and activity over the weekend and into early next week as the project is localized to the Tolsona pad and supported from the Ahtna 1-19 pad, about one mile down the road. Ahtna Construction completed the road and pad work this spring, Ahtna Environmental Services is managing all contract opportunities, and Alaska-based contractors including Alliance member Petrotechnical Resources of Alaska are providing drilling support services.

 

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First Reads

State Natural Resources department hires new oil and gas overseer
Alaska Public Radio News, Elizabeth Harball, September 14, 2016

Exxon to expand Point Thomson under settlement terms
Alaska Journal of Commerce, Elwood Brehmer, September 14, 2016

BP has no plans to raise annual investments this decade: CEO
Reuters, Caroline Stauffer, September 15, 2016

Ahtna moving massive rig; BP releases economic impact report
Alaska Journal of Commerce, September 14, 2016

Japan Expresses Continued Interest in Alaska LNG
Alaska Native News, Katie Marquette, September 14, 2016

The implications of final rule regulating Arctic OCS drilling
Alaska Journal of Commerce, Louisiana W. CutlerDarrell L. ConnerDavid L. WochnerSarah M. Beason and Elle Stuart, September 14, 2016