NEWS OF THE DAY: Hilcorp to resume drilling in Prudhoe Bay field on North SlopeTim Bradner, Mat-Su Frontiersman, July 20, 2021 Hilcorp Energy has told state officials it will resume drilling of new wells in the large Prudhoe Bay field on the North Slope, where it is the field operator. Drilling was suspended in Prudhoe, as with most other fields … read more

NEWS OF THE DAY: Oil prices plunge on coronavirus threats, OPEC’s pledge to add barrelsRakteem Katakey, Saket Sundria, World Oil, July 19, 2021 -Oil in London sank to the lowest level in almost six weeks after OPEC+ agreed to boost supply into 2022, while a surge of the delta coronavirus variant threatened the rebound in the global economy. Brent futures … read more

NEWS OF THE DAY: Wall Street Opens Back Up to Oil and Gas—But Not for DrillingJoe Wallace, Collin Eaton, The Wall Street Journal, July 15, 2021 Oil-and-gas companies are using cash from debt offerings to shore up balance sheets rather than to boost production. Energy companies are raising money again from Wall Street at superlow borrowing costs, thanks in part … read more