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Posts Tagged ‘Hilcorp Energy’

Cook Inlet Sale – 3/3/2027. Any takers?

Posted in Alaska, energy policy, Offshore Energy - General, tagged , , , on October 12, 2026| Leave a Comment »

Attached is the Sale Notice for the 3/3/2027 Cook Inlet oil and gas lease sale.

“The proposed sale would make approximately 1.05 million acres available for leasing in the northern portion of the Cook Inlet Planning Area, the same area offered in the Big Beautiful Cook Inlet 1 sale, held in March 2026.” ZERO bids were received at this sale!) Sale summary:

There are currently no active Federal leases in the Cook Inlet. The last well was drilled in 2007. That well was drilled directionally from shore into the Cosmopolitan Unit, a State Unit that included 2 Federal leases at the time.

BlueCrest Energy is operator of the Cosmopolitan Unit. The Alaska Department of Natural Resources threatened to revoke BlueCrest’s Cosmopolitan leases for not meeting the gas drilling requirements, but BlueCrest has reported that they have secured the financing to meet that obligation.

Hilcorp Energy is now the largest oil and gas operator and the largest gas supplier in Alaska. They were the last Federal leaseholder in the Cook Inlet area.

Below are the 8 leases that Hilcorp still held in 2024:

Will Hilcorp participate in the 2027 sale? BlueCrest? Anyone?

Cook Inlet Lease Sale BBC2 – Proposed NOS_0Download

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Today’s Cook Inlet lease sale; some levity on a sad day

Posted in Alaska, Offshore Energy - General, tagged , , , on December 30, 2022| Leave a Comment »

Did they write this news release with a straight face? Almost a shutout (could still be if the only bid is rejected). And they need 3 hours to process the results! 😉

That said, good for Hilcorp! They have a vision, and I hope they are successful.

As directed by the Inflation Reduction Act (IRA) of 2022, BOEM held Cook Inlet OCS Oil & Gas Lease Sale 258 on Friday, Dec. 30. 

The reading of the bids was conducted via livestream. The lease sale is now concluded. One bid was received on one block. The bid, in the amount of $63,983, was submitted by Hilcorp Alaska LLC.

Final sale results are currently being processed and will be posted to this page by 1 p.m. Alaska Time.

Following today’s sale, there will be a 90-day evaluation process to ensure the public receives fair market value before a lease is awarded, and a Department of Justice review of antitrust considerations. If a lease is awarded it will be posted to BOEM’s website when the review process is completed.

BOEM

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Alaska and Pacific OCS compliance leaders

Posted in Alaska, California, Offshore Energy - General, Regulation, tagged , , , , , , , , on July 21, 2022| Leave a Comment »

Northstar, Beaufort Sea

The only current Alaskan OCS production is from Northstar, a joint State-Federal Unit in the Beaufort Sea. The production island is in State waters, but 7 of the wells produce from the Federal sector. The field was originally developed by bp, but Hilcorp is the current operator. To date, BSEE has conducted 5 inspections of the facility in 2022, and no incidents of noncompliance (INCs) were identified.

Per BOEM records, 4 companies operate Pacific (California) OCS facilities that are currently producing. Three of those operators have superior 2022 inspection records. No INCs were issued to either Exxon (11 Santa Ynez Unit inspections) or Freeport-McMoRan (24 Platform Irene inspections). Only 2 warning INCs were issued during 12 inspections of Beta Operating Co. platforms Ellen, Elly, and Eureka in the Beta Unit offshore Long Beach.

Marine life on Platform Eureka, from this Hakai article

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Fatality at Gulf of Mexico Platform

Posted in accidents, tagged , , , , , on April 19, 2011| Leave a Comment »

An employee on a non-producing offshore natural gas platform died after falling through a deck opening on Monday, the U.S. offshore drilling regulator said.

The employee of Alliance Oilfield Services was working on a Hilcorp Energy platform in 375 feet of water about 129 miles off the Louisiana coast in the Gulf of Mexico, the Bureau of Ocean Energy Management, Regulation and Enforcement said in a statement. Hilcorp and Alliance are both privately-held companies. Reuters  

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