http://www.worldoil.com WorldOil Trump administration paves way for Arctic drilling rights sale https://www.worldoil.com/news/2019/9/13/trump-administration-paves-way-for-arctic-drilling-rights-sale The Trump administration on Thursday took a major step toward auctioning oil drilling rights across every acre of the Arctic National Wildlife Refuge’s coastal plain, hours after the House of Representatives voted to outlaw the activity. USGS estimates 53.8 Tcf of natural gas hydrates in Alaska’s North Slope https://www.worldoil.com/news/2019/9/11/usgs-estimates-538-tcf-of-natural-gas-hydrates-in-alaska-s-north-slope This new assessment updates a 2008 USGS study that estimated about 85 trillion cubic feet of undiscovered, technically recoverable gas resources within gas hydrates on the Alaska North Slope. Alaska snow cover thinning, may pose hurdle for refuge drilling https://www.worldoil.com/news/2019/9/9/alaska-snow-cover-thinning-may-pose-hurdle-for-refuge-drilling Snow depths on Alaska’s North Slope have thinned this year, the University of Alaska Fairbanks said in a study, creating a possible obstacle for exploration in part of the Arctic National Wildlife Refuge thought to harbor more than 7 Bbbl of oil. BP focuses on deepwater, shale in historic shift south from Alaska https://www.worldoil.com/news/2019/8/29/bp-focuses-on-deepwater-shale-in-historic-shift-south-from-alaska BP has closed one chapter in its U.S. business, exiting Alaska decades after transforming the state into an oil powerhouse. Now it’s time for a new phase in the company’s American story. Alaska is the biggest bet yet for Texas’ anti-shale oil billionaire https://www.worldoil.com/news/2019/8/28/alaska-is-the-biggest-bet-yet-for-texas-anti-shale-oil-billionaire Texas oilman Jeffery Hildebrand became a billionaire by shunning the shale revolution taking place in his home state. Now, he’s making his biggest bet yet -- Alaska -- just as shale producers run out of steam. ConocoPhillips to acquire Nuna discovery acreage in Alaska https://www.worldoil.com/news/2019/6/18/conocophillips-to-acquire-nuna-discovery-acreage-in-alaska ConocoPhillips Alaska (COPA) has announced that it has entered into an agreement with Caelus Natural Resources Alaska, LLC to acquire 100% of the Nuna discovery, located just east of the Colville River and approximately 5 mi southwest of Oooguruk field. Federal judge blocks President Trump's Arctic drilling plans https://www.worldoil.com/news/2019/3/31/federal-judge-blocks-president-trumps-arctic-drilling-plans The Trump administration's attempt to restore oil and gas leasing in U.S. waters was blocked by a federal judge in Alaska, delivering a win to environmentalists who argued that offshore drilling isn’t worth the risk. Trump approves plan for oil production facility on manmade Arctic island https://www.worldoil.com/news/2018/10/24/trump-approves-plan-for-oil-production-facility-on-manmade-arctic-island The Trump administration has authorized Hilcorp Energy Co.’s plan to build an artificial gravel island in the Beaufort Sea north of Alaska and use it to extract crude -- marking the first approval of an oil production facility in federal Arctic waters. ConocoPhillips reports exploration success in Alaska https://www.worldoil.com/news/2018/7/18/conocophillips-reports-exploration-success-in-alaska ConocoPhillips has provided an update on its operating plan for Alaska, focusing on the company’s long history of creating value in the state and an ongoing commitment to invest in low cost of supply opportunities. BP to increase share in UK’s giant Clair field, sell interest in Alaska’s Kuparuk field https://www.worldoil.com/news/2018/7/4/bp-to-increase-share-in-uk-s-giant-clair-field-sell-interest-in-alaska-s-kuparuk-field BP has announced that it has entered into agreements with ConocoPhillips that will significantly increase its holding in Clair field, a core asset of BP’s North Sea business in the UK.